STONE - Change in Audit Committee
| Company Name | STONE MASTER CORPORATION BERHAD |
| Stock Name | STONE |
| Date Announced | 2 Dec 2013 |
| Category | Change in Audit Committee |
| Reference No | SM-131202-3D4D2 |
| Date of change | 02/12/2013 |
| Name | FOO CHOOI WAI |
| Age | 41 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Member of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Ms. Foo Chooi Wai graduated from the University of Malaya in 1995 with a Bachelor of Accounting, Honours - First Class. She is a Chartered Accountant and is a member of the Malaysian Institute of Accountant since 1998. She is also a Certified Financial Planner (CFP) and a Member of the Financial Planning Association Malaysia (FPAM) since 2003. |
| Working experience and occupation | Ms. Foo Chooi Wai has an overall of nineteen (19) years of experience in the accounting and banking industry. Her last position held was as the Vice President in the Finance and Corporate Services Division in United Overseas Bank (Malaysia) Berhad ("UOB") from June 2008 through August 2013. She has served in various roles and functions in the Bank including that of Consumer Banking, Financial Reporting, Business Information Support, dealing in market leads analysis and also in Management Accounting division. Ms. Foo has had vast experience in the field of financial management, strategic planning and performance management. She is presently the Finance Manager of a private limited company. |
| Directorship of public companies (if any) | Ms Foo does not hold any directorships in any public companies other than Stone Master Corporation Berhad. |
| Family relationship with any director and/or major shareholder of the listed issuer | Ms. Foo does not have any family relationship with any director and/or major shareholders of Stone Master Corporation Berhad. |
| Any conflict of interests that he/she has with the listed issuer | Ms. Foo does not have any conflict of interests with Stone Master Corporation Berhad. |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Ms. Foo does not have any interest in the securities of Stone Master Corporation Berhad or its subsidiaries. |
| Composition of Audit Committee (Name and Directorate of members after change) | Mr. Lee Wai Kuen, Chairman of the Audit Committee Mr. Chan Mung Bong, Member of the Audit Committee Mr. Tong Ah Wah @ Tong Chun Hwi, Member of the Audit Committee Ms. Foo Chooi Wai, Member of the Audit Committee |
LFECORP - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT
| Company Name | LFE CORPORATION BERHAD |
| Stock Name | LFECORP |
| Date Announced | 2 Dec 2013 |
| Category | General Announcement |
| Reference No | LC-131202-33810 |
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 MONTHLY ANNOUNCEMENT |
| Description | LFE CORPORATION BERHAD (“LFE” OR “THE COMPANY”) – ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
We refer to the announcement made by the Company on 1 November 2013 pursuant to the Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) for the Main Market. The Board of Directors of LFE wishes to inform that there has been no material development since the announcement made previously on 1 November 2013. The Board of Directors of LFE also wishes to clarify that at this juncture, the Board do not foresee that the said Regularisation Plan will result in a significant change in the business direction or policy of the Company. Premised on the First Announcement on 1 October 2012, the last day for submission of the Regularisation Plan by the Company to Bursa Securities and obtain Bursa Securities’ approval to implement the said Regularisation Plan would be by 30 December 2013, which is approximately one (1) month from the date of this announcement. This announcement is dated 2 December 2013. | |
ADVENTA - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT
| Company Name | ADVENTA BERHAD |
| Stock Name | ADVENTA |
| Date Announced | 2 Dec 2013 |
| Category | General Announcement |
| Reference No | CS-131202-5BD2F |
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 MONTHLY ANNOUNCEMENT |
| Description | ADVENTA BERHAD ("ADVENTA" OR "THE COMPANY") - MONTHLY UPDATE ON THE STATUS OF THE COMPANY'S REGULARISATION PLAN PURSUANT TO THE PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("PN17") |
The Board of Directors of Adventa wishes to inform that there has been no material development since the announcement made previously on 1 November 2013. Premised on the First Announcement, the Company is required to submit a Regularisation Plan to the relevant authorities by 7 January 2014 which is approximately 1 month from the date thereof. This announcement is dated 2 December 2013. | |
DESTINI - MULTIPLE PROPOSALS
| Company Name | DESTINI BERHAD |
| Stock Name | DESTINI |
| Date Announced | 2 Dec 2013 |
| Category | General Announcement |
| Reference No | MI-131202-61853 |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | DESTINI BERHAD ("DESTINI" OR THE "COMPANY") I. PROPOSED ACQUISITION; II. PROPOSED ESOS; III. PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL; AND IV. PROPOSED AMENDMENTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposals. We refer to the announcements made on 7 August 2013 and 19 September 2013 in relation to the Proposed Acquisition and 1 November 2013 and 8 November 2013 in relation to the Proposals. On behalf of the Board of Directors of Destini, RHB Investment Bank Berhad wishes to announce that the listing application for the Consideration Shares in relation to the Proposed Acquisitions and the new Destini Shares to be issued arising from the exercise of the ESOS Options pursuant to the Proposed ESOS has been submitted to Bursa Malaysia Securities Berhad on 2 December 2013. This announcement is dated 2 December 2013. | |
IRMGRP - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT
| Company Name | IRM GROUP BERHAD |
| Stock Name | IRMGRP |
| Date Announced | 2 Dec 2013 |
| Category | General Announcement |
| Reference No | CS-131202-57E6D |
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 MONTHLY ANNOUNCEMENT |
| Description | IRM GROUP BERHAD (“IRMGB”) - ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS |
Further to the First Announcement made by the Company on 31 May 2013 in compliance with Paragraph 4.1 of Practice Note 17 ("PN17") of the Main Market Listing Requirements, the Board of Directors of IRMGB wishes to inform that the Company is still formulating a regularisation plan to address its PN17 status ("Regularisation Plan"). Premised on the First Announcement, the Company is required to submit a Regularisation Plan to the relevant authorities by 30 April 2014 which is approximately 5 months from the date hereof. This announcement is dated 2 December 2013. | |
DIALOG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | DIALOG GROUP BERHAD |
| Stock Name | DIALOG |
| Date Announced | 2 Dec 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | DG-131202-2A404 |
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 shares of RM0.10 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd 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 | 1,000,000 | |
| Disposed | 27/11/2013 | 3,500,000 |
| Remarks : |
| Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Disposed 2,000,000 shares) - 273,070,394 shares Employees Provident Fund Board - 1,500,000 shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (KIB) - 895,054 shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (HDBS) (Acquired 1,000,000 shares)- 7,829,700 shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (CIMB PRI) - 7,076,067 shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) - 13,485,000 shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA) (Disposed 1,500,000 shares) - 20,137,820 shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ARIM) - 1,800,000 shares Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (MAYBAN) - 900,000 shares Total No. of shares - 326,694,035 shares |
DKLS - OTHERS ACQUISITION OF AN ADDITIONAL 51% EQUITY INTEREST IN ALTIDEX CONSTRUCTION SDN BHD
| Company Name | DKLS INDUSTRIES BHD |
| Stock Name | DKLS |
| Date Announced | 2 Dec 2013 |
| Category | General Announcement |
| Reference No | CS-131122-40754 |
| Type | Announcement |
| Subject | OTHERS |
| Description | ACQUISITION OF AN ADDITIONAL 51% EQUITY INTEREST IN ALTIDEX CONSTRUCTION SDN BHD |
1. INTRODUCTION On behalf of the Board of Directors of DKLS Industries Berhad (“DKLS” or “the Company”), we wish to announce that the Company has on 2 December 2013 acquired 102,000 ordinary shares of RM1.00 each, representing 51% equity interest in Altidex Construction Sdn Bhd (“ACSB”) from KBE Construction Sdn Bhd for a total cash consideration of RM11,473 (“Acquisition”). 2. BACKGROUND INFORMATION ACSB, bearing Company no. 731942-U, was incorporated as a private limited company in 3. PURCHASE CONSIDERATION The purchase consideration is arrived at on a willing buyer willing seller basis after taking into account the net tangible assets of ACSB based on the unaudited financial statements of ACSB for the period ended 30 November 2013. The Acquisition is funded entirely by internally generated funds of the Company. The Company has acquired the shares free from all charges, liens, pledges and other encumbrances and with all rights, benefits and entitlements attached thereto. 4. FINANCIAL EFFECTS OF THE ACQUISITION The Acquisition is not expected to have any material effect on the earnings, net assets and gearing of DKLS Group for the financial year ending 5. APPROVAL REQUIRED The Acquisition is not subject to the approval of shareholders of the Company or relevant government authorities. 6. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST None of the directors and/or major shareholders of the Company and persons connected to them have any interest, direct or indirect in the Acquisition. 7. DIRECTORS’ STATEMENT After careful consideration, the Directors of the Company are of the opinion that the Acquisition is in the best interests of the Company and its Group. This announcement is dated 2 December 2013.
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HAIO - Notice of Shares Buy Back - Immediate Announcement
| Company Name | HAI-O ENTERPRISE BERHAD |
| Stock Name | HAIO |
| Date Announced | 2 Dec 2013 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CP-131202-23837 |
MULPHAL - OTHERS MULPHA LAND BERHAD (“MLB”) - Acquisition of Shares by MLB in Bakat Stabil Sdn Bhd
| Company Name | MULPHA LAND BERHAD |
| Stock Name | MULPHAL |
| Date Announced | 2 Dec 2013 |
| Category | General Announcement |
| Reference No | ML-131202-43387 |
| Type | Announcement |
| Subject | OTHERS |
| Description | MULPHA LAND BERHAD (“MLB”) - Acquisition of Shares by MLB in Bakat Stabil Sdn Bhd |
We wish to announce that pursuant to Chapter 9, Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, MLB has on 2 December 2013, acquired 2 ordinary shares of RM1/- each, representing 100% of the total issued and paid-up share capital of Bakat Stabil Sdn Bhd ("BSSB") for a total consideration of RM2/-. BSSB was incorporated on 10 October 2013 and its authorised and paid-up share capital are RM400,000/- and RM2/- respectively. BSSB is presently dormant and its intended principal activity is property development. | |
EKOVEST - OTHERS EKOVEST BERHAD (“Ekovest”) Proposed issuance of Islamic medium term notes under the Shariah principle of Musharakah (“Sukuk Musharakah”) pursuant to an Islamic medium term notes programme of up to RM2,300 million (“Sukuk Programme”) and redeemable secured junior bonds of up to RM180 million in nominal value (“Junior Bonds”) by Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd (“Kesturi”)
| Company Name | EKOVEST BERHAD |
| Stock Name | EKOVEST |
| Date Announced | 2 Dec 2013 |
| Category | General Announcement |
| Reference No | EE-131202-39392 |
| Type | Announcement |
| Subject | OTHERS |
| Description | EKOVEST BERHAD (“Ekovest”) Proposed issuance of Islamic medium term notes under the Shariah principle of Musharakah (“Sukuk Musharakah”) pursuant to an Islamic medium term notes programme of up to RM2,300 million (“Sukuk Programme”) and redeemable secured junior bonds of up to RM180 million in nominal value (“Junior Bonds”) by Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd (“Kesturi”) |
The Board of Directors of Ekovest is pleased to announce that Kesturi, our 70% owned subsidiary, had on 2 December 2013 issued RM2,300 million in nominal value Sukuk Musharakah and RM180 million in nominal value Junior Bonds. The Sukuk Programme and Junior Bonds have been accorded ratings of AA-IS and A- with stable outlook, respectively by Malaysian Rating Corporation Berhad. The aggregate proceeds from the issuance of the Sukuk Musharakah and Junior Bonds will be utilised for, inter-alia the following:- (i) For redemption of Kesturi’s existing RM820.0 million nominal value Islamic medium term notes (“Existing Sukuk”) and existing RM50.0 million nominal value redeemable secured junior bonds; (ii) To fund the initial deposit in the finance service reserve account maintained under the Sukuk Programme; (iii) For payment of ancillary fees, costs, deposits and expenses in relation to the redemption of the Existing Sukuk and establishment of the Sukuk Programme and Junior Bonds; and (iv) To part-finance the construction costs, development costs, financing costs, fees and expenses in relation to DUKE Phase-2 pursuant to the supplemental concession agreement dated 3 December 2012 entered into between Kesturi and the Government of Malaysia. CIMB Investment Bank Berhad is the sole Principal Adviser, Lead Arranger and Lead Manager for the Sukuk Programme and Junior Bonds. This announcement is dated 2 December 2013. | |
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