December 5, 2013

Company announcements: SIME, IJMLAND, HELP, BRIGHT, AKNIGHT, PENSONI

SIME - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):OTHER ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NameSIME DARBY BERHAD  
Stock Name SIME  
Date Announced5 Dec 2013  
CategoryGeneral Announcement
Reference NoMI-131205-64856

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
DescriptionSIME DARBY BERHAD (“SIME DARBY”)

DIVIDEND REINVESTMENT PLAN THAT PROVIDES SHAREHOLDERS OF SIME DARBY WITH AN OPTION TO REINVEST THEIR FINAL CASH DIVIDEND FOR THE FINANCIAL YEAR ENDED 30 JUNE 2013 IN NEW ORDINARY SHARES OF RM0.50 EACH IN SIME DARBY (“SIME DARBY SHARES”) (“1ST DRP”)

We refer to the announcements dated 30 August 2013, 29 October 2013, 21 November 2013 and 26 November 2013 in relation to the 1st DRP.

On behalf of the Board of Directors of Sime Darby, Maybank Investment Bank Berhad (“Maybank IB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has, vide its letter dated 5 December 2013, approved the listing of and quotation for up to 231,793,604 new Sime Darby Shares to be issued pursuant to the 1st DRP on the Main Market of Bursa Securities, subject to the following conditions:

(i) Sime Darby and Maybank IB must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities pertaining to the implementation of the 1st DRP;

(ii) Sime Darby and Maybank IB to inform Bursa Securities upon the completion of the 1st DRP; and

(iii) Sime Darby to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the 1st DRP is completed.

This Announcement is dated 5 December 2013.



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

Announcement Type: General Announcement
Company NameIJM LAND BERHAD  
Stock Name IJMLAND  
Date Announced5 Dec 2013  
CategoryGeneral Announcement
Reference NoIL-131205-67581

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionACQUISITION OF 60% EQUITY INTEREST IN ASAS PANORAMA SDN BHD

IJM Land Berhad has on 5 December 2013 acquired one (1) ordinary share of RM1 each and subscribed for 299,999 ordinary shares of RM1 each, representing 60% equity interest in Asas Panorama Sdn Bhd.

The details of the announcement are contained in the attached file.

Attachments

Ann - Acquisition of ASAS.pdf
612 KB



HELP - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Announcement Type: General Announcement
Company NameHELP INTERNATIONAL CORPORATION BERHAD  
Stock Name HELP  
Date Announced5 Dec 2013  
CategoryGeneral Announcement
Reference NoCS-131205-D1DAF

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionHELP INTERNATIONAL CORPORATION BERHAD (“HIC” OR THE “COMPANY”) - CONDITIONAL VOLUNTARY TAKE-OVER OFFER BY BETTER EDUCATION ENTERPRISE SDN BHD (“BEE” OR THE “OFFEROR”) TO ACQUIRE ALL THE ORDINARY SHARES OF RM0.50 EACH IN HIC (“HIC SHARES” OR “OFFER SHARES”) FOR A CASH CONSIDERATION OF RM2.53 PER OFFER SHARE (“OFFER”)
We refer to the announcement made on 5 December 2013 in relation to the notice of the Offer (“Notice”) from RHB Investment Bank Berhad, on behalf of the Offeror in respect of the Offeror’s intention to acquire all the HIC Shares for a cash consideration of RM2.53 per Offer Share.
On 5 December 2013, HIC was informed that the Offeror had obtained the following irrevocable letters of undertaking from the following persons:

(i) Selangor Properties Berhad (“SPB”); and

(ii) Datuk Dr Chan Tuck Hoong, Datin Low Kam Yoke and Chan Eu-Khin.

The shareholdings of SPB, Datuk Dr Chan Tuck Hoong, Datin Low Kam Yoke and Chan Eu-Khin in relation to their respective irrevocable undertaking to accept the Offer are tabulated below:

Name
No. of HIC Shares held
%
SPB
72,441,222
51.00
Chan Eu-Khin
6,205,675
4.37
Datin Low Kam Yoke
3,437,848
2.42
Datuk Dr. Chan Tuck Hoong
2,676,304
1.88
Total
84,761,049
59.67

This announcement is dated 5 December 2013.


BRIGHT - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced5 Dec 2013  
CategoryGeneral Announcement
Reference NoOS-131205-55560

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionBRIGHT PACKAGING INDUSTRY BERHAD (“BRIGHT” OR THE “COMPANY”)

RENOUNCEABLE RIGHTS ISSUE OF 86,569,800 NEW ORDINARY SHARES OF RM0.50 EACH IN BRIGHT PACKAGING INDUSTRY BERHAD (“BRIGHT” OR THE “COMPANY”) (“BRIGHT SHARES”) (“RIGHTS SHARES”) ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY ONE (1) EXISTING BRIGHT SHARE HELD, TOGETHER WITH 57,713,200 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED AT AN ENTITLEMENT DATE TO BE DETERMINED LATER (“RIGHTS ISSUE OF SHARES WITH WARRANTS”)

We refer to the announcements made on 14 October 2013, 18 October 2013, 31 October 2013, 14 November 2013, 15 November 2013 and 2 December 2013 in relation to the Rights Issue of Shares with Warrants (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of the Board, TA Securities wishes to announce that Bright had on today executed the following:

 

(i) a deed poll constituting the Warrants; and

 

(ii) an underwriting agreement with TA Securities, Inter-Pacific Securities Sdn Bhd and Affin Investment Bank Berhad (collectively referred to as the “Joint Underwriters”), whereby the Joint Underwriters will severally but not jointly underwrite 58,169,800 Rights Shares, representing approximately 67.19% of the Rights Shares to be issued pursuant to the Rights Issue of Shares with Warrants.

 

In addition, the Company resolved to fix the following:

 

(i) the issue price of Rights Shares at RM0.55 each; and

 

(ii) the exercise price of Warrants at RM0.82 each.

 

The issue price of the Rights Shares at RM0.55 each is determined after taking into consideration the following:

 

(i) the TERP of Bright Shares of RM0.8152, based on the 5D-VWAP of Bright Shares up to and including 4 December 2013 of RM1.3456;

 

(ii) the prevailing market sentiments of Bright Shares;

 

(iii) the par value of Bright Shares of RM0.50 each; and

 

(iv) the funding requirements of the Group, details of which are set out in Section 2.5 of the circular to shareholders dated 15 November 2013.

 

The issue price of the Rights Shares at RM0.55 each represents a discount of approximately RM0.2652 or 32.53% to the TERP of Bright Shares of RM0.8152, based on the 5D-VWAP per Bright Share up to and including 4 December 2013 of RM1.3456.

 

The exercise price of the Warrants at RM0.82 each is determined after taking into consideration the following:

 

(i) the TERP of Bright Shares based on 5D-VWAP of Bright Shares up to and inclusive of 4 December 2013 of RM0.8152;

 

(ii) the prevailing market sentiments; and

 

(iii) the par value of Bright Shares of RM0.50 each.

 

The exercise price of the Warrants at RM0.82 each is approximate to the TERP of Bright Shares of RM0.8152, based on the 5D-VWAP per Bright Share up to and including 4 December 2013 of RM1.3456.


This announcement is dated 5 December 2013.


BRIGHT - Important Relevant Dates for Renounceable Rights

Announcement Type: Important Relevant Dates for Renounceable Rights
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced5 Dec 2013  
CategoryImportant Relevant Dates for Renounceable Rights
Reference NoOS-131205-55965

Title / DescriptionRENOUNCEABLE RIGHTS ISSUE OF 86,569,800 NEW ORDINARY SHARES OF RM0.50 EACH IN BRIGHT (“BRIGHT SHARES” OR “SHARES”) (“RIGHTS SHARES”) ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY ONE (1) EXISTING BRIGHT SHARE HELD AS AT 5.00 P.M. ON 19 DECEMBER 2013 (“ENTITLEMENT DATE”), TOGETHER WITH 57,713,200 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED FOR (“RIGHTS ISSUE OF SHARES WITH WARRANTS”)
Despatch Date23/12/2013
Date for commencement of trading of the rights20/12/2013
Date for despatch of abridged prospectus and subscription forms23/12/2013
Date for cessation of trading of the rights30/12/2013
Date for announcement of final subscription result and basis of allotment of excess Rights Securities13/01/2014
Listing date of the Rights Securities23/01/2014

Last date and time forDateTime
Sale of provisional allotment of rights27/12/2013
at
05:00:00 PM
Transfer of provisional allotment of rights02/01/2014
at
04:00:00 PM
Acceptance and payment07/01/2014
at
05:00:00 PM
Excess share application and payment07/01/2014
at
05:00:00 PM

Rights Securities will be listed and quoted as the existing securities of the same class:
Yes 
Other important dates as the listed issuer may deem appropriate:
 

Remarks :
The last date and time for acceptance and payment of the Rights Issue of Shares with Warrants as well as the last date and time for excess Rights Shares with Warrants application and payment are as above or such later date and time as the Board of Directors of Bright may decide in its absolute discretion and announce not less than two (2) market days before the stipulated date and time.

This announcement is dated 5 December 2013


BRIGHT - Rights Issue

Announcement Type: Entitlements (Notice of Book Closure)
Company NameBRIGHT PACKAGING INDUSTRY BERHAD  
Stock Name BRIGHT  
Date Announced5 Dec 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoOS-131205-56234

EX-date17/12/2013
Entitlement date19/12/2013
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRENOUNCEABLE RIGHTS ISSUE OF 86,569,800 NEW ORDINARY SHARES OF RM0.50 EACH IN BRIGHT (“BRIGHT SHARES” OR “SHARES”) (“RIGHTS SHARES”) ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY ONE (1) EXISTING BRIGHT SHARE HELD AS AT 5.00 P.M. ON 19 DECEMBER 2013 (“ENTITLEMENT DATE”), TOGETHER WITH 57,713,200 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED FOR (“RIGHTS ISSUE OF SHARES WITH WARRANTS”)
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSymphony Share Registrars Sdn Bhd
Level 6, Symphony House
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya, Selangor
Tel. no.:03-7849 0777
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers19/12/2013 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)86569800 
Entitlement indicatorRatio
Ratio 2 : 1
Rights Issues/Offer Price 0.55

Remarks :
The abridged prospectus, together with the rights subscription form and the notice of provisional allotment (collectively referred to as the “Documents”) relating to the Rights Issue of Shares with Warrants will only be despatched to the shareholders of Bright who have a registered address in Malaysia and whose name appears in Bright’s Record of Depositors at 5.00 p.m. on the Entitlement Date (“Entitled Shareholders”). The Documents will not be despatched to Entitled Shareholders who have not provided the share registrar of Bright, Symphony Share Registrars Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on the Entitlement Date. The Entitled Shareholders who are without a registered address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address prior to 5.00 p.m. on the Entitlement Date.

The Documents are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue of Shares with Warrants and the Documents comply with the laws of any country or jurisdiction other than Malaysia.

The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date.

This announcement is dated 5 December 2013


AKNIGHT - OTHERS JOINT VENTURE WITH NINE AVENUE DEVELOPMENT SDN BHD ("NADSB") FOR THE PROPOSED DEVELOPMENT OF A COMMERCIAL PROPERTY IN KUANTAN, PAHANG ("JOINT VENTURE")

Announcement Type: General Announcement
Company NameASIA KNIGHT BERHAD  
Stock Name AKNIGHT  
Date Announced5 Dec 2013  
CategoryGeneral Announcement
Reference NoCT-131205-AE9AC

TypeAnnouncement
SubjectOTHERS
DescriptionJOINT VENTURE WITH NINE AVENUE DEVELOPMENT SDN BHD ("NADSB") FOR
THE PROPOSED DEVELOPMENT OF A COMMERCIAL PROPERTY IN KUANTAN,
PAHANG ("JOINT VENTURE")
Further to the announcements dated 6 December 2012 and 31 January 2013 ("Announcements")
in relation to the Joint Venture. Unless otherwise stated, words and phrases used in this
announcement shall have the same meanings as defined in the Announcements.

The Company wishes to announce that Asia Knight Berhad ("A-Knight') and Natural Renewable
Energy Sdn Bhd ("NRESB"), a wholly-owned subsidiary of A-Knight ("Landowners") had, on
4 December 2013 entered into a Supplementary Agreement ("the Supplemental Agreement")
with Nine Avenue Development Sdn Bhd ("Developer") to vary certain provisions of the Joint
Venture Agreement dated 6 December 2012 ("the JV Agreement")

The salient terms of the Supplemental Agreement are as follows:-

(a) the Developer exercises its right to waive any of the Conditions Precedent remaining
unsatisfied by the Landowners and all Conditions Precedent under the JV Agreement
are deemed to have been satisfied by the Landowners;

(b) the factory building constructed on the NRESB Land is not to be demolished;

(c) the Landowners are allowed an extension of time until 30 June 2014 to demolish the
factory building constructed on the A-Knight Land and to deliver vacant possession of
the Land to the Developer; and

(d) all terms and conditions of the JV agreement on the part of Landowners to be fulfilled
are deemed fulfilled save and except for the following:

(i) demolishing of the factory building on the A-Knight Land; and

(ii) delivery of vacant possession of the Land to the Developer.

Save for the above, all the other terms and conditions of the JV Agreement remain unchanged.

This announcement is dated 5 December 2013.


PENSONI - Important Relevant Dates for Renounceable Rights

Announcement Type: Important Relevant Dates for Renounceable Rights
Company NamePENSONIC HOLDINGS BERHAD  
Stock Name PENSONI  
Date Announced5 Dec 2013  
CategoryImportant Relevant Dates for Renounceable Rights
Reference NoOS-131204-35117

Title / DescriptionPENSONIC HOLDINGS BERHAD (“PHB” OR THE “COMPANY”)

RENOUNCEABLE RIGHTS ISSUE OF 64,834,000 WARRANTS IN PHB ("RIGHTS WARRANTS") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS WARRANT ON THE BASIS OF ONE (1) RIGHTS WARRANT FOR EVERY TWO (2) ORDINARY SHARES OF RM0.50 EACH HELD AS AT 5.00 P.M. ON 19 DECEMBER 2013 (“RIGHTS ISSUE OF WARRANTS”)
Despatch Date23/12/2013
Date for commencement of trading of the rights20/12/2013
Date for despatch of abridged prospectus and subscription forms23/12/2013
Date for cessation of trading of the rights30/12/2013
Date for announcement of final subscription result and basis of allotment of excess Rights Securities13/01/2014
Listing date of the Rights Securities22/01/2014

Last date and time forDateTime
Sale of provisional allotment of rights27/12/2013
at
05:00:00 PM
Transfer of provisional allotment of rights02/01/2014
at
04:00:00 PM
Acceptance and payment07/01/2014
at
05:00:00 PM
Excess share application and payment07/01/2014
at
05:00:00 PM

Rights Securities will be listed and quoted as the existing securities of the same class:
No 
To specify the entitlement that the holders of the Rights Securities will not be entitled to (if No):

The holders of the Rights Warrants will not be entitled to any voting rights or participation in any form of distribution and/or offer of further securities in PHB until and unless such holders of the Rights Warrants exercise their Rights Warrants into new PHB Shares. 
Other important dates as the listed issuer may deem appropriate:
 

Remarks :
The last date and time for acceptance and payment of the Rights Warrants as well as the last date and time for excess Rights Warrants application and payment are as above or such later date and time as the Board of Directors of PHB may decide in its absolute discretion and announce not less than two (2) market days before the closing date.

This announcement is dated 5 December 2013


No comments:

Post a Comment