IGBREIT - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (Diperbadankan)
Company Name | IGB REAL ESTATE INVESTMENT TRUST |
Stock Name | IGBREIT |
Date Announced | 4 Dec 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | IR-131204-864B6 |
Particulars of substantial Securities Holder
Name | Kumpulan Wang Persaraan (Diperbadankan) |
Address | Aras 4, 5 & 6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang, 55100 Kuala Lumpur |
NRIC/Passport No/Company No. | KWAPACT6622007 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Units in IGB Real Estate Investment Trust ("IGB REIT") |
Name & address of registered holder | Kumpulan Wang Persaraan (Diperbadankan) Aras 4, 5 & 6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang, 55100 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 27/11/2013 | 74,700 | |
Acquired | 27/11/2013 | 414,100 |
Remarks : |
Form 29B dated 3/12/2013 was received on 4/12/2013. |
PARKSON - Notice of Shares Buy Back - Immediate Announcement
Company Name | PARKSON HOLDINGS BERHAD |
Stock Name | PARKSON |
Date Announced | 4 Dec 2013 |
Category | Notice of Shares Buy Back - Immediate Announcement |
Reference No | PH-131204-9CAEF |
PETDAG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | PETRONAS DAGANGAN BHD |
Stock Name | PETDAG |
Date Announced | 4 Dec 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | PD-131204-73C23 |
Particulars of substantial Securities Holder
Name | Employees Provident Fund Board |
Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
NRIC/Passport No/Company No. | EPF ACT 1991 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary Share of RM1.00 each |
Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd (for Employees Provident Fund Board (CIMB PRIN)) Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 27/11/2013 | 189,200 |
Remarks : |
The total number of 65,231,100 ordinary shares comprise the following: (a) 58,646,800 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board]. (b) 1,500,000 shares registered in the name of Employees Provident Fund Board. (c) 1,683,800 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (NOMURA)]. (d) 3,073,100 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (CIMB PRIN)]. (e) 157,400 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (KIB)]. (f) 170,000 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (RHB INV)]. Received form 29B on 4 December 2013. |
PETDAG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | PETRONAS DAGANGAN BHD |
Stock Name | PETDAG |
Date Announced | 4 Dec 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | PD-131204-B8EEF |
Particulars of substantial Securities Holder
Name | Employees Provident Fund Board |
Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
NRIC/Passport No/Company No. | EPF ACT 1991 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary Share of RM1.00 each |
Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd (for Employees Provident Fund Board (RHB INV)) Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 27/11/2013 | 57,300 |
Remarks : |
The total number of 65,420,300 ordinary shares comprise the following: (a) 58,646,800 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board]. (b) 1,500,000 shares registered in the name of Employees Provident Fund Board. (c) 1,683,800 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (NOMURA)]. (d) 3,262,300 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (CIMB PRIN)]. (e) 157,400 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (KIB)]. (f) 170,000 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (RHB INV)]. Received form 29B on 4 December 2013. |
CRESNDO-LB - Interest Payment
Company Name | CRESCENDO CORPORATION BERHAD |
Stock Name | CRESNDO-LB |
Date Announced | 4 Dec 2013 |
Category | Entitlements (Notice of Book Closure) |
Reference No | CC-131107-48513 |
Remarks : |
In accordance with Clause 1.2 (h) of the Trust Deed dated 27th November, 2008 governing the ICULS, as the payment of interest due falls on 12th January, 2014, which is a Sunday and not a business day, it shall be paid on the succeeding business day that is on 13th January, 2014. |
DIGI - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | DIGI.COM BERHAD |
Stock Name | DIGI |
Date Announced | 4 Dec 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CC-131204-85674 |
Particulars of substantial Securities Holder
Name | Employees Provident Fund Board |
Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
NRIC/Passport No/Company No. | EPF Act 1991 |
Nationality/Country of incorporation | Incorporated in Malaysia |
Descriptions (Class & nominal value) | Ordinary Shares of RM0.01 each |
Name & address of registered holder | 1) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board 2) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI) Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 29/11/2013 | 325,000 | |
Acquired | 29/11/2013 | 500,000 |
Remarks : |
The total number of 1,077,188,140 Ordinary Shares of RM0.01 each are held as follows:- 1) 960,730,050 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board; 2) 14,791,000 Ordinary Shares of RM0.01 each are registered in the name of Employees Provident Fund Board; 3) 6,500,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI); 4) 2,070,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KIB); 5) 9,685,200 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (HDBS); 6) 2,200,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (RHB INV); 7) 7,807,500 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AM INV); 8) 950,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (MAYBAN); 9) 2,500,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KAF FM); 10) 32,310,890 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA); 11) 25,037,300 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI); 12) 2,400,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM); 13) 2,548,300 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON); and 14) 7,657,900 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN). The Form 29B was received by the Company on 4 December 2013. |
BGYEAR - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Company Name | BINA GOODYEAR BERHAD |
Stock Name | BGYEAR |
Date Announced | 4 Dec 2013 |
Category | General Announcement |
Reference No | MI-131204-65578 |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | BINA GOODYEAR BERHAD (“BGB” or “the Company”) PROPOSED ACQUISITION OF THE CONSTRUCTION PROJECTS AMOUNTING TO AN ORDER BOOK OF APPROXIMATELY RM250,000,000, TOGETHER WITH RETENTION SUMS AND TRADE DEBTORS RELATED TO THE CONSTRUCTION PROJECTS FROM ASTINAS CONSTRUCTION & DEVELOPMENT SDN BHD (“ACD”) AT A PURCHASE PRICE OF RM10,000,000 TO BE SATISFIED IN CASH (“PROPOSED ACQUISITION OF CONSTRUCTION PROJECTS”) |
1. INTRODUCTION
The Proposed Acquisition of Construction Projects will form part of the Company’s plan to be announced to regularise its condition of being a Practice Note 17 (“PN17”) company pursuant to PN 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Proposed Regularisation Plan”) 2. PROPOSED ACQUISITION OF CONSTRUCTION PROJECTS (a) The Proposed Acquisition of Construction Projects involves the purchase of:
related receivables, being amounts owing to ACD by its clients in relation to construction projects and/or works performed or carried out pursuant to the Contracts, in the form of debts due and owing to ACD and/or retention sums being held by ACD’s clients on account of ACD (“the Receivables”); and original or certified copies of the books, records, documents, information, accounts and data (whether machine readable or in printed form) owned by ACD relating to the Contracts, Receivables and the employees being transferred (“the Business Records”). (b) In the event the amount of the Receivables as at the Completion Date is less than the Minimum Receivables (defined below in paragraph 2.2), then ACD will deduct the shortfall between the Minimum Receivables and the actual amount of the Receivables as at the Completion Date from the Purchase Price to be paid to ACD. (c) Further, in the event any of the amounts due and owing from ACD’s clients or debtors which form part of the Receivables novated, assigned or transferred to the Purchaser, are subsequently not paid to the Purchaser or deemed not recoverable, either fully or in part, ACD will indemnify the Purchaser an amount equal to such unpaid or unrecoverable sum.
The Purchase Price was arrived at after taking into consideration, amongst other factors, the following: (i) the value of the Business Assets as at the Completion Date being no less than RM10,000,000, comprising Receivables of not less than RM6,000,000 (“Minimum Receivables”); and
2.3 Salient Terms of the BAA
(b) The approval of the Board of Directors of the BGB to the purchase of the Business Assets upon the terms and conditions set out in the BAA; (c) The approval of the members of the BGB to the purchase of the Business Assets upon the terms and conditions set out in the BAA; (d) The approval of Bursa Malaysia, the members of the BGB, the Court, and any other relevant authority or body for the Proposed Regularisation Plan or any aspect thereof to be undertaken by BGB; and (e) The approval(s) of any other governmental, administrative or regulatory authority(ies) if so required to complete the sale, purchase and transfer of the Business Assets on the terms and conditions set out in the BAA. (collectively “the Conditions Precedent”)
(a) notify ACD in writing of the aggregate of all sums that are deemed not recoverable under paragraph 2(c) and all costs and/or expenses arising from BGB’s performance of remedial work under paragraph (vi)(b), together with the relevant supporting documentation;
(vii) Transfer of ACD’s employees relating to the business:
(b) ACD must promptly notify BGB (together with the provision of sufficient details) if, at any time after the date of the BAA it becomes aware that a Warranty has ceased to be true or an act or event has occurred that would or might reasonably be expected to result in a Warranty ceasing to be true if it were repeated immediately before or at Completion; (c) At Completion, ACD’s order book in relation to the Contracts will be no less than RM250,000,000; and (d) So far as ACD is aware, as at the date of the BAA, no Material Proceedings (as defined in the BAA) against ACD are pending or threatened and ACD is not aware of any disputes that will, or would reasonably be likely to, give rise to any Material Proceedings. (ix) BGB’s warranties:
(b) BGB will obtain and maintain all approvals, licences, permits and authorisations that are material to carry out the construction works under the Contracts to be assigned, novated or sub-contracted from ACD to BGB; and (c) BGB will promptly notify ACD (together with the provision of sufficient details) if, at any time after the date of this BAA it becomes aware that any of its warranties has ceased to be true or an act or event has occurred that would or might reasonably be expected to result in any of its warranties ceasing to be true if it were repeated immediately before or at Completion. (x) ACD agrees to indemnify and keep BGB indemnified from and against any and all loss, damage, expenses and/or costs arising from any breach by ACD of the warranties, covenants and undertakings in the BAA. (xi) BGB agrees to indemnify and keep ACD indemnified from and against any and all loss, damage, expenses and/or costs arising from any breach by BGB of the warranties, covenants and undertakings in the BAA. 2.4 Source of Funds The Purchase Price is expected to be financed by the funds to be raised pursuant to the Proposed Regularisation Plan to be announced by the Company. There are no liabilities, including contingent liabilities and guarantees, to be assumed by BGB arising from the Proposed Acquisition of Construction Projects. 2.6 Additional Financial Commitment The Board does not expect the Company to incur additional financial commitments, out of the ordinary course of business, in putting the business acquired from ACD on-stream. 3. RATIONALE The Proposed Acquisition of Construction Projects is strategically important as the construction projects acquired from ACD will facilitate the BGB Group in rebuilding its construction business and to immediately enhance the revenue and profits of the Group. As the management of ACD has an established track record and project management expertise, BGB can leverage on it as BGB rebuilds its presence in the construction sector. The Proposed Acquisition of Construction Projects will also broaden BGB’s portfolio of projects and capabilities. 4.1 Prospects of the Malaysian Economy The Malaysian economy recorded a stronger growth of 5.0% in the third quarter (2Q 2013: 4.4%). Domestic demand remained the key driver of growth, expanding by 8.3% (2Q 2013: 7.4%), while exports turned around to grow by 1.7% (2Q 2013: -5.2%). On the supply side, most major sectors expanded further in the third quarter, supported by the continued strength in domestic demand and the improvement in trade activity. The moderate expansion in the global economy in the third quarter supported the recovery in exports. International financial markets, however, experienced increased volatility amid uncertainties over the fiscal and monetary policies of the advanced economies, particularly the US. On a quarter-on-quarter seasonally adjusted basis, the economy expanded by 1.7% (2Q 2013: 1.4%). (Source: Economic and Financial Developments in Malaysia in the Third Quarter of 2013, Bank Negara Malaysia)
4.2 Prospects of ACD In the 2013 Budget, RM100.0 million is set aside for the Ministry of Housing and Local Government to revive 30 abandoned housing projects. Taking into account of those attractive tax incentives and ample budget provision, it is anticipated that the housing construction will be stimulated and highly likely abandoned housing will be revived.
(Source: Press Release dated 18 April 2013 on Malaysia Property Market 2012 by the Valuation & Property Services Department, Ministry of Finance Malaysia) Accordingly, the Board believes that the construction industry will continue to be steady, and hence the prospects for the Company through the Proposed Acquisition of Construction Projects, are positive in the coming years. The Board is confident that ACD’s expertise and track record will continue to ensure a consistent flow of business in the future. 5. RISK FACTORS
(b) Completion Risk The completion of the Proposed Acquisition of Construction Projects is conditional upon the BAA’s conditions precedent being satisfied, obtained and/or waived, including the approvals from the relevant authorities and/or shareholders and the successful implementation of the Proposed Regularisation Plan. There can be no assurance that all or any of such approvals and/or conditions will be obtained, waived and/or satisfied. Notwithstanding the foregoing, BGB will endeavor to take all reasonable steps to ensure the satisfaction of the BAA’s conditions precedent required to be satisfied/fulfilled by BGB in order to complete the Proposed Acquisition of Construction Projects. 6.1 Share Capital and Shareholdings of Substantial Shareholders The Proposed Acquisition of Construction Projects will not have any effect on the issued and paid-up share capital nor the shareholding of the substantial shareholders of BGB as it will be satisfied entirely in cash. 6.2 Earnings The Proposed Acquisition of Construction Projects is expected to contribute positively to the earnings and the earnings per share of the BGB Group for the financial year ending 31 December 2015. The Proposed Acquisition of Construction Projects will not have any effect on the NA of BGB as the Proposed Acquisition of Construction Projects will be satisfied entirely in cash. 6.4 Gearing 7. APPROVALS REQUIRED The Proposed Acquisition of Construction Projects requires the following approvals: (i) the Board of Directors of BGB for the purchase of the Business Assets upon the terms and conditions set out in this Agreement;
(iii) the shareholders of BGB for the purchase of the Business Assets upon the terms and conditions set out in the BAA;
8. INTEREST OF DIRECTORS AND/OR MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED TO THEM
9. DIRECTORS' STATEMENT The Board, having considered all aspects of the Proposed Acquisition of Construction Projects, is of the opinion that the Proposed Acquisition of Construction Projects is in the best interests of the BGB Group. Barring unforeseen circumstances, the Proposed Acquisition of Construction Projects is expected to be completed after the successful implementation of the Proposed Regularisation Plan to be announced by the Company. The BAA is available for inspection at the registered office of BGB at Unit 502, Block B, Phileo Damansara 2, No. 15 Jalan 16/11, Off Jalan Damansara, 46350 Petaling Jaya, Selangor from Mondays to Fridays (except for public holidays) during the hours from 9 a.m. to 5 p.m. for a period of three (3) months from the date of this announcement. This announcement is dated 4 December 2013. |
YFG - Changes in Director's Interest (S135) - Lim Chong Ling
Company Name | YFG BERHAD |
Stock Name | YFG |
Date Announced | 4 Dec 2013 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | CC-131204-1E06B |
Information Compiled By KLSE
Particulars of Director
Name | Lim Chong Ling |
Address | No. 10, Jalan Kenyalan 11/6B, PJU 5, Kota Damansara, 47810 Petaling Jaya, Selangor. |
Descriptions(Class & nominal value) | Ordinary Shares of RM0.10 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 285,400 | 0.130 |
Circumstances by reason of which change has occurred | Acquisition of shares by Lim Chong Ling via his account maintained with Kenanga Nominees (Tempatan) Sdn. Bhd. |
Nature of interest | Direct Interest |
Consideration (if any) |
Total no of securities after change | |
Direct (units) | 23,396,900 |
Direct (%) | 3.84 |
Indirect/deemed interest (units) | 900,000 |
Indirect/deemed interest (%) | 0.15 |
Date of notice | 04/12/2013 |
Remarks : |
(1) Lim Chong Ling's direct interest in YFG Berhad ("YFG"):- (i) Name of Registered Holder - Lim Chong Ling (1,894,900 shares or 0.31%) (ii)Name of Registered Holder - Kenanga Nominees (Tempatan) Sdn. Bhd. (3,140,000 shares or 0.52%) (iii)Name of Registered Holder - EB Nominees (Tempatan) Sdn. Bhd. (18,362,000 or 3.01%) Total no. of shares after change : 23,396,900 shares or 3.84% (2)Lim Chong Ling's indirect interest via his spouse, Hoh Sow Kuen's direct shareholding in YFG:- (i) Name of Registered Holder - Hoh Sow Kuen (900,000 shares or 0.15%) Total no. of shares after change : 900,000 shares or 0.15% |
SAMUDRA - OTHERS KEJURUTERAAN SAMUDRA TIMUR BERHAD (KSTB) - EXPIRATION OF REPRESENTATIVE AGREEMENT DATED 1 JANUARY 2012 ENTERED INTO BETWEEN KSTB AND TESCO SINGAPORE PTE. LTD.
Company Name | KEJURUTERAAN SAMUDRA TIMUR BERHAD |
Stock Name | SAMUDRA |
Date Announced | 4 Dec 2013 |
Category | General Announcement |
Reference No | CS-131204-83141 |
Type | Announcement |
Subject | OTHERS |
Description | KEJURUTERAAN SAMUDRA TIMUR BERHAD (KSTB) - EXPIRATION OF REPRESENTATIVE AGREEMENT DATED 1 JANUARY 2012 ENTERED INTO BETWEEN KSTB AND TESCO SINGAPORE PTE. LTD. |
1. INTRODUCTION
2. REPRESENTAIVE AGREEMENT
On 1 January 2012, KSTB and Tesco had entered into the Agreement for the appointment of KSTB as the representative of Tesco in Malaysia, including both East and West Malaysia for the provision of the following services:-
3. RATIONALE Following the acquisition of casing drilling business of Tesco by Schlumberger group of companies (“Schlumberger”) in May 2012 (“the Acquisition”), Tesco had purported to assign the casing drilling services to Schlumberger. The effect of this purported assignment would substantially reduce the provision of services by KSTB under the Agreement. KSTB has been engaged in negotiations on the terms of the assignment/novation but till todate has not signed all the agreements proposed with the parties. In view thereof and without prejudice to KSTB’s rights, the decision has been made not to extend the Agreement upon its expiration on 1 January 2014. 4. FINANCIAL EFFECTS
5. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST
This announcement is dated 4 December 2013. |
BTM - MULTIPLE PROPOSALS
Company Name | BTM RESOURCES BERHAD |
Stock Name | BTM |
Date Announced | 4 Dec 2013 |
Category | General Announcement |
Reference No | ML-131203-84252 |
Type | Announcement |
Subject | MULTIPLE PROPOSALS |
Description | BTM RESOURCES BERHAD (“BTM” OR “COMPANY”) I. PROPOSED PAR VALUE REDUCTION; II. PROPOSED SHARE PREMIUM REDUCTION; III. PROPOSED MA AMENDMENTS; IV. PROPOSED RIGHTS ISSUE WITH WARRANTS; AND V. PROPOSED EXEMPTION (COLLECTIVELY KNOWN AS THE “PROPOSALS”) |
(For consistency, the abbreviations used throughout this announcement shall have the same meaning as defined in the announcement dated 30 October 2013 unless stated otherwise.) We refer to the earlier announcement dated 30 October 2013 and 1 November 2013 in relation to the Proposals. On behalf of the Board, HLIB wishes to announce that we had on 29 November 2013 submitted the listing application to Bursa Securities for the Proposals.This announcement is dated 4 December 2013. |
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