December 26, 2013

Company announcements: PERISAI, NOTION, CONNECT, ALLIANZ, IOICORP, GUH, TASEK, HUNZPTY, AXREIT

PERISAI - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NamePERISAI PETROLEUM TEKNOLOGI BHD  
Stock Name PERISAI  
Date Announced26 Dec 2013  
CategoryGeneral Announcement
Reference NoML-131226-38913

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description(I) • PROPOSED ACQUISITION OF 51% EQUITY INTEREST IN EMAS VICTORIA (L) BHD BY PERISAI FROM EOC LIMITED (“EOC”) FOR A PURCHASE CONSIDERATION OF USD89,250,000 (“PROPOSED EMAS VICTORIA ACQUISITION”)

• PROPOSED ACQUISITION OF 51% EQUITY INTEREST IN VICTORIA PRODUCTION SERVICES SDN BHD BY PERISAI FROM EOC FOR A PURCHASE CONSIDERATION OF RM51 (“PROPOSED VICTORIA PRODUCTION ACQUISITION”)

• PROPOSED DISPOSAL OF 49% EQUITY INTEREST IN SJR MARINE (L) LTD (“SJR MARINE”) BY PERISAI TO EOC FOR A DISPOSAL CONSIDERATION OF USD37,000,000 (“PROPOSED DISPOSAL”)

TO BE SATISFIED IN THE FOLLOWING MANNER:
(a) ISSUANCE OF 144,661,250 NEW ORDINARY SHARES OF RM0.10 EACH IN PERISAI (“PERISAI SHARES”) AT AN ISSUE PRICE OF RM1.10 PER PERISAI SHARE (“CONSIDERATION SHARES”), WITH THE BALANCE OF PURCHASE CONSIDERATION TO BE SET OFF AGAINST THE DISPOSAL CONSIDERATION OF THE PROPOSED DISPOSAL AS SET OUT IN (c) BELOW;
(b) RM51 IN CASH FOR THE PROPOSED VICTORIA PRODUCTION ACQUISITION; AND
(c) THE DISPOSAL CONSIDERATION OF THE PROPOSED DISPOSAL AMOUNTING TO USD37,000,000 WILL BE SET OFF AGAINST THE BALANCE OF THE PURCHASE CONSIDERATION OF USD37,000,000 FOR THE PROPOSED EMAS VICTORIA ACQUISITION

• PROPOSED CALL OPTION AND PUT OPTION OF 51% EQUITY INTEREST IN SJR MARINE

(II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL OF PERISAI FROM RM100,000,000 COMPRISING 1,000,000,000 PERISAI SHARES TO RM500,000,000 COMPRISING 5,000,000,000 PERISAI SHARES BY THE CREATION OF AN ADDITIONAL 4,000,000,000 NEW PERISAI SHARES (“PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL”)

(III) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF PERISAI PURSUANT TO THE PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL

(COLLECTIVELY REFERRED TO AS THE “PROPOSED CORPORATE EXERCISES”)

This announcement should be read in conjunction with the previous announcements in relation to the Proposed Corporate Exercises (“Announcements”) and circular to Perisai’s shareholders dated 3 June 2013 (“Circular”). All the terms and definitions referred to in this announcement, unless otherwise defined, shall carry the same meaning as those in the Announcements and Circular.

  

On behalf of the Board, HLIB wishes to announce that the Proposed Disposal has been completed today, marking the completion of the Proposed Corporate Exercises.

 

This announcement is dated 26 December 2013.



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

Announcement Type: General Announcement
Company NameNOTION VTEC BERHAD  
Stock Name NOTION  
Date Announced26 Dec 2013  
CategoryGeneral Announcement
Reference NoCC-131226-694DC

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Director has notified of the changes in his direct interest in the securities of the Company, details as set out in Table 1 hereunder.

This announcement is dated 26 December 2013.
Table 1
Name of Director
Date of Disposal
Type of Securities Disposed
Number of Securities Disposed
% of Securities Disposed
Price Per Security (RM)
Choo Wing Hong
13 December 2013
Warrants-B
205,000
0.53%*
0.135
Choo Wing Hong
16 December 2013
Warrants-B
210,000
0.54%*
0.135
Choo Wing Hong
19 December 2013
Warrants-B
270,000
0.70%*
0.140
Choo Wing Hong
24 December 2013
Warrants-B
50,000
0.13%*
0.135
* The percentage of holding is based on the total Warrants-B in issue of 38,618,742.


NOTION - Changes in Director's Interest (S135) - Choo Wing Hong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameNOTION VTEC BERHAD  
Stock Name NOTION  
Date Announced26 Dec 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-131226-69457

Information Compiled By KLSE

Particulars of Director

NameChoo Wing Hong
Address1 Jalan 18/7
46000 Petaling Jaya
Selangor Darul Ehsan
Descriptions(Class & nominal value)Warrants-B

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
13/12/2013
205,000
0.135 
Disposed
16/12/2013
210,000
0.135 
Disposed
19/12/2013
270,000
0.140 
Disposed
24/12/2013
50,000
0.135 

Circumstances by reason of which change has occurredSale of Warrants-B in open market
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)2,588,282 
Direct (%)6.7 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice26/12/2013

Remarks :
The percentage of holding is based on the total Warrants-B in issue of 38,618,742.


CONNECT - OTHERS CONNECTCOUNTY HOLDINGS BERHAD (“CONNECT” OR “THE COMPANY”) VARIATION OF THE UTILISATION OF PROCEEDS FROM THE COMPANY’S PRIVATE PLACEMENT EXERCISE (“VARIATION”)

Announcement Type: General Announcement
Company NameCONNECTCOUNTY HOLDINGS BERHAD (ACE Market) 
Stock Name CONNECT  
Date Announced26 Dec 2013  
CategoryGeneral Announcement
Reference NoC&-131226-816BF

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectOTHERS
DescriptionCONNECTCOUNTY HOLDINGS BERHAD (“CONNECT” OR “THE COMPANY”)

VARIATION OF THE UTILISATION OF PROCEEDS FROM THE COMPANY’S PRIVATE PLACEMENT EXERCISE (“VARIATION”)

CONNECTCOUNTY HOLDINGS BERHAD (“CONNECT” OR “THE COMPANY”)

VARIATION OF THE UTILISATION OF PROCEEDS FROM THE COMPANY’S PRIVATE PLACEMENT EXERCISE (“VARIATION”)

Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 3 September 2013, 24 September 2013, 14 October 2013 and 30 October 2013.

Reference is made to the Company’s announcement dated 3 September 2013, 24 September 2013, 14 October 2013 and 30 October 2013 in relation to the announcement and subsequent completion of the Private Placement.

The Board wishes to announce the variation of the utilisation of proceeds arising from the Private Placement.

Pursuant to the Private Placement exercise, the Company issued a total of 15,617,500 Placement Shares at an issue price of RM0.12 each, a total of RM1,874,100 was raised. Of the total proceeds raised, RM1,812,100 was earmarked for working capital of the CONNECT Group. As at the date of this announcement, of the total RM1,874,100 raised, RM360,740 had been fully utilized, with the remaining RM1,513,360 earmarked for working capital unutilised.

The Company has resolved to vary the aforementioned balance of RM1,100,000 out of the unutilised proceeds to be utilised for financing the initial capital outlay for its new venture pursuant to the Distributorship Agreement (“DA”) with Vitaxel Sdn. Bhd. (formerly known as Vitalagy Malaysia Sdn. Bhd.) (“Vitaxel“) for exclusive distributorship of health and energy drink products in Vietnam, Laos, Cambodia and Myanmar. Further information on the DA is set out in the Company’s announcement dated 24 December 2013.

Premised on the above, the proceeds raised to be utilised, and its varied utilisation is set out in the following table:

Original utilisation of

proceeds

RM

Actual utilisation of proceeds

RM

Varied utilisation of proceeds

RM

Expected time frame for utilisation of proceeds

from the listing of the Placement Shares

Working capital for Connect and its subsidiaries’ (“Connect Group”) *

1,812,100

222,870

1,589,230

Within 6 months

Estimated expenses in relation to the Proposed Private Placement

62,000

137,870

(75,870)

Within 1 month

Total estimated proceeds

1,874,100

360,740

1,513,360

This announcement is dated 26 December 2013.



ALLIANZ - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameALLIANZ MALAYSIA BERHAD  
Stock Name ALLIANZ  
Date Announced26 Dec 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoAM-131226-26677

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of irredeemable convertible preference shares of RM1.00 each in Allianz Malaysia Berhad into ordinary shares of RM1.00 each in Allianz Malaysia Berhad
No. of shares issued under this corporate proposal103,000
Issue price per share ($$)MYR 0.000
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units160,745,938
CurrencyMYR 160,745,938.000
Listing Date27/12/2013

Remarks :
The Conversion Price is fixed at 1 new ordinary share of RM1.00 in Allianz Malaysia Berhad (“AMB Share”) and shall be satisfied by surrendering 1 irredeemable convertible preference share of RM1.00 in Allianz Malaysia Berhad ("ICPS") for each new AMB Share. No cash is payable by the holder of the ICPS upon conversion of the ICPS to AMB Share.

Kindly refer to the Abridged Prospectus dated 8 July 2010 for the principal terms of the ICPS.


IOICORP - OTHERS IOI CORPORATION BERHAD (“IOIC”) (I) INTERNAL REORGANISATION; (II) DISTRIBUTION; (III) RESTRICTED OFFER FOR SALE; AND (IV) LISTING (COLLECTIVELY REFERRED TO AS THE “CORPORATE EXERCISES”)

Announcement Type: General Announcement
Company NameIOI CORPORATION BERHAD  
Stock Name IOICORP  
Date Announced26 Dec 2013  
CategoryGeneral Announcement
Reference NoMI-131226-36810

TypeAnnouncement
SubjectOTHERS
DescriptionIOI CORPORATION BERHAD (“IOIC”)

(I) INTERNAL REORGANISATION;
(II) DISTRIBUTION;
(III) RESTRICTED OFFER FOR SALE; AND
(IV) LISTING

(COLLECTIVELY REFERRED TO AS THE “CORPORATE EXERCISES”)

Unless otherwise stated, the terms used herein shall have the same meaning as defined in the announcement dated 14 May 2013 in relation to the Corporate Exercises. 

We refer to the announcements made on behalf of the Board of Directors of IOIC (“Board”), by AmInvestment Bank Berhad and RHB Investment Bank Berhad (collectively referred to as the “Joint Principal Advisers”) on 14 May 2013, 17 May 2013, 24 June 2013, 22 August 2013, 3 December 2013, 5 December 2013, 6 December 2013, 19 December 2013 and 23 December 2013. 

On behalf of IOIC, the Joint Principal Advisers wish to announce the indicative timetable for the listing of IOI Properties Group Berhad ("IOIPG"), as follows:- 

Opening of application

26 December 2013

Closing of application

2 January 2014

Balloting of applications

Not applicable

Allotment of IPO shares to successful applicants

Not applicable*

Tentative listing date

15 January 2014

Remarks

All defined terms used herein shall have the same meaning as those defined in the Prospectus issued by IOIPG dated 26 December 2013. 

Save for the opening date of the application for the Restricted Offer Shares, the dates above are tentative and are subject to changes which may be necessary to facilitate implementation procedures. 

In the event that the closing date and/or time for acceptance, application and payment (including Excess Application and payment of the Excess Restricted Offer Shares) is extended, the date of listing of IOIPG may be extended accordingly. Any extension will be announced in widely circulated daily Bahasa Malaysia and English newspapers within Malaysia. 

Note:

* The date of the allotment of the Restricted Offer Shares to successful applicants and the Distribution Shares to Entitled Shareholders is on 10 January 2014.

  

This announcement is dated 26 December 2013.



GUH - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameGUH HOLDINGS BERHAD  
Stock Name GUH  
Date Announced26 Dec 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoMI-131226-42867

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalSpecial Issue
Details of corporate proposalISSUANCE OF 4,374,300 ORDINARY SHARES OF RM1.00 EACH IN GUH HOLDINGS BERHAD (“GUH”) TO SATISFY THE PURCHASE CONSIDERATION OF RM4,461,787 FOR THE ACQUISITION OF THE REMAINING 30% EQUITY INTEREST IN TEKNOSERV ENGINEERING SDN BHD VIA A GENERAL MANDATE PURSUANT TO SECTION 132D OF THE COMPANIES ACT, 1965 (“ACQUISITION”)
No. of shares issued under this corporate proposal4,374,300
Issue price per share ($$)MYR 1.020
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units277,904,539
CurrencyMYR 277,904,539.000
Listing Date27/12/2013


TASEK - 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 NameTASEK CORPORATION BERHAD  
Stock Name TASEK  
Date Announced26 Dec 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTT-131226-6AD83

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 RM1.00 each
Name & address of registered holderAberdeen Asset Management PLC ("Aberdeen") and its subsidiaries
10 Queen's Terrace
Aberdeen, AB10 1YG
Scotland

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed19/12/2013
2,000
 

Circumstances by reason of which change has occurredSale by Aberdeen.

MUFG is deemed interested in the shares by virtue of MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Corp. holding more than 15% in Aberdeen.
Nature of interestDeemed interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)15,220,659 
Indirect/deemed interest (%)12.5642 
Total no of securities after change15,220,659
Date of notice24/12/2013

Remarks :
Notice was received on 26 December 2013


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

Announcement Type: General Announcement
Company NameHUNZA PROPERTIES BERHAD  
Stock Name HUNZPTY  
Date Announced26 Dec 2013  
CategoryGeneral Announcement
Reference NoCP-131226-B37C0

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionHunza Properties Berhad ("HPB") wishes to inform that the following Director has given notice of his dealing in the securities of HPB pursuant Paragraph 14.09(a) of Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

Ordinary Shares of RM1.00 each

Name of DirectorNature of InterestDate Transacted Opening Balance

No. of shares Acquired/(Disposed)/ #Transferred

% of Shares TransactedConsideration
(RM)
Closing Balance% of Shares Held After the Transaction
Khor Siang Gin
Direct
-
757,279-
-
-
757,2790.36
Khor Siang Gin
Deemed
23.12.2013

154,365
154,365#

0.07-

154,365*

0.07

No. of ordinary shares of RM1.00 each Registered holders

* Nil Lee Siew Hong, spouse - by virtue of Section 134(12) of the Act

*154,365 Citigroup Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Lee Siew Hong

#Transfer between securities from Lee Siew Hong to Citigroup Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Lee Siew Hong

*Based on the paid-up capital of the Company of RM210,859,598 divided into 210,859,598 ordinary shares of RM1.00 each, exclusive of 10,173,452 ordinary shares of RM1.00 each held as treasury shares as at 23 December 2013.


Warrants 2010/2015

Name of DirectorNature of InterestDate Transacted Opening Balance

No. of shares Acquired/(Disposed)/ #Transferred

% of Shares TransactedConsideration
(RM)
Closing Balance% of Shares Held After the Transaction
Khor Siang Gin
Direct
-
55,110
-
-
-
55,110
0.16
Khor Siang Gin
Deemed
23.12.201313,60013,600#0.04-
13,600**
0.04

No. of warrants Registered holders

** Nil Lee Siew Hong, spouse - by virtue of Section 134(12)(c) of the Act

**13,600 Citigroup Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Lee Siew Hong

#Transfer between securities from Lee Siew Hong to Citigroup Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Lee Siew Hong

**Based on the total number of 35,119,083 Warrants 2010/2015 in issue as at 23 December 2013.

This announcement is dated 26 December 2013.



AXREIT - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameAXIS REAL ESTATE INVESTMENT TRUST  
Stock Name AXREIT  
Date Announced26 Dec 2013  
CategoryGeneral Announcement
Reference NoCC-131223-63875

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionPROPOSED DISPOSAL BY AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT” OR THE “FUND”) OF A FIVE (5) STOREY OFFICE/WAREHOUSE PROPERTY BUILT ON FREEHOLD LAND HELD UNDER GRN 131735 FOR LOT 52746, SITUATED IN THE TOWN OF GLENMARIE, DISTRICT OF PETALING, STATE OF SELANGOR (“AXIS PLAZA”) TO COLLECTIVE DEVELOPERS SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM34.0 MILLION (“PROPOSED DISPOSAL”)
The Board of Directors of Axis REIT Managers Berhad, the management company of Axis-REIT, wishes to announce that RHB Trustees Berhad (formerly known as OSK Trustees Berhad), the trustee for Axis-REIT, has entered into a sale and purchase agreement on 26 December 2013 with Collective Developers Sdn Bhd (Co. No. 1072474-T) for the Proposed Disposal of Axis Plaza.
Please refer to the attachment below for the details of the Proposed Disposal of Axis Plaza.

This annoucement is dated 26 December 2013.


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