December 17, 2013

Company announcements: TDEX, AMBANK, CIMB, MAYBANK, ASB, IGB, IOICORP, MMCCORP

TDEX - OTHERS TECHNODEX BHD. (“TDEX” OR “COMPANY”) - CONTRACT SECURED BY TECHNODEX SOLUTIONS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF TDEX

Announcement Type: General Announcement
Company NameTECHNODEX BHD (ACE Market) 
Stock Name TDEX  
Date Announced17 Dec 2013  
CategoryGeneral Announcement
Reference NoCM-131217-41014

TypeAnnouncement
SubjectOTHERS
DescriptionTECHNODEX BHD. (“TDEX” OR “COMPANY”)
- CONTRACT SECURED BY TECHNODEX SOLUTIONS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF TDEX

Reference is made to the Company's announcement on 13 December 2013 pertaining to the above subject matter. The terms used in this announcement shall have the same meaning as those defined in the announcement dated 13 December 2013.

The Board of Directors of the Company is pleased to announce the following additional information in relation to the Contract.

1. The effect of the Contract on the net assets of share of Company and its subsidiaries ("the Group")

The Contract is not expected to have any impact on the net assets per share of the Group as no investment/injection of new assets for Contract is required.

2. The risks in relation to the Contract

Save for the failure in delivering the specific scope of work pursuant to the Contract, there is no other risks in relation to the Contract. However, the Company will put in place the following plans to manage the deliverable:-

a. a tight control on the timeline of the project deliverable.

b. close and regular meetings with the client to iron out issues at anytime.

This announcement is dated 17 December 2013.



AMBANK - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced17 Dec 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAH-131217-9FDCF

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

1. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
[Acquisition of 2,730,200 shares]

2. Employees Provident Fund Board

3. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (KIB)

4. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (MAYBAN)

5. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (KAF FM)

6. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (NOMURA)
[Acquisition of 800,000 shares]

7. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (CIMB PRI)

8. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (ARIM)

9. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (TEMPLETON)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired12/12/2013
3,530,200
 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change445,793,537
Date of notice13/12/2013

Remarks :
This notice was received on 17 December 2013.


CIMB - 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 NameCIMB GROUP HOLDINGS BERHAD  
Stock Name CIMB  
Date Announced17 Dec 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCG-131217-2E1EA

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 holder1. Aberdeen Asset Management PLC ("Aberdeen") and its subsidiaries
10 Queen's Terrace
Aberdeen, AB10 1YG
Scotland

2. The Bank of Tokyo-Mitsubishi UFJ, Ltd.("BTMU")
7-1, Marunouchi 2-Chome
Chiyoda-ku, Tokyo
100-8330, Japan

3. Mitsubishi UFJ Asset Management Co., Ltd ("MUAM")
4-5, Marunouchi 1-Chome
Chiyoda-ku, Tokyo
100-8212, Japan

4. KOKUSAI Asset Management Co., Ltd ("KOKUSAI")
1-1, Marunouchi 3-Chome
Chiyoda-ku, Tokyo
100-0005, Japan

5. Mitsubishi UFJ Trust and Banking Corporation ("MUTB")
4-5, Marunouchi 1-Chome
Chiyoda-ku, Tokyo
100-8212, Japan

6. Morgan Stanley Investment Management Inc.
1585 Broadway, New York, NY 10036

7. Morgan Stanley Investment Management Company
#16-01 Capital Square
23 Church Street
Singapore 049481

8. Morgan Stanley & Co. International plc
25 Cabot Square, Canary Wharf
London E14 4QA
United Kingdom

9. Fundlogic SAS
61 rue de Monceau
Paris 75008, France

10. AMP Capital Holdings Limited ("AMP") and its subsidiaries
Level 24 AMP Sydney Cove Building
33 Alfred Street Sydney
NSW 2000, Australia

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed11/12/2013
8,000
 
Disposed11/12/2013
20,300
 

Circumstances by reason of which change has occurred- Sale by Morgan Stanley Group
- Sale by MUAM


MUFG is deemed interested in the shares by virtue of:-

1. MUFG's wholly-owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holding more than 15% in Aberdeen Asset Management PLC.

2. The Bank of Tokyo-Mitsubishi UFJ Ltd., being MUFG's wholly-owned subsidiary.

3. Mitsubishi UFJ Asset Management Co., Ltd., being MUFG's wholly-owned subsidiary.

4. MUFG's wholly-owned subsidiary, Mitsubishi UFJ Securities Co., Ltd., holding more than 15% in KOKUSAI Asset Management Co., Ltd.

5. Mitsubishi UFJ Trust & Banking Corp, being MUFG's wholly owned subsidiary

6-9. MUFG's holding more than 15% interest in shares of Morgan Stanley Group.

10. MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, Holding 15% in AMP.
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)759,874,313 
Indirect/deemed interest (%)9.83 
Total no of securities after change759,874,313
Date of notice16/12/2013

Remarks :
Notice received on 17 December 2013.

c.c. Securities Commission.


MAYBANK - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMALAYAN BANKING BERHAD  
Stock Name MAYBANK  
Date Announced17 Dec 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMB-131217-60831

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND BOARD
AddressTINGKAT 19 BANGUNAN KWSP
JALAN RAJA LAUT
50350 KUALA LUMPUR
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY
Name & address of registered holder1) EMPLOYEES PROVIDENT FUND BOARD
TINGKAT 19 BANGUNAN KWSP
JALAN RAJA LAUT
50350 KUALA LUMPUR

2) CITIGROUP NOMINEES (TEMPATAN) SDN BHD
LEVEL 42 MENARA CITIBANK
165 JALAN AMPANG
50450 KUALA LUMPUR

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired12/12/2013
1,547,700
 

Circumstances by reason of which change has occurredPURCHASE OF SHARES
Nature of interestDIRECT
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change1,181,167,537
Date of notice13/12/2013

Remarks :
1) The notice was received by Maybank Berhad on 17 December 2013.


MAYBANK - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameMALAYAN BANKING BERHAD  
Stock Name MAYBANK  
Date Announced17 Dec 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoMB-131217-61257

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalESOS
No. of shares issued under this corporate proposal36,100
Issue price per share ($$)MYR 8.750
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units8,861,094,881
CurrencyMYR 8,861,094,881.000
Listing Date19/12/2013

2. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalESOS
No. of shares issued under this corporate proposal10,200
Issue price per share ($$)MYR 8.820
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units8,861,105,081
CurrencyMYR 8,861,105,081.000
Listing Date19/12/2013


ASB - OTHERS ADVANCE SYNERGY BERHAD (“ASB”) STRIKING OFF INACTIVE WHOLLY-OWNED SUBSIDIARIES of ASB [HELD VIA ADVANCE SYNERGY CAPITAL SDN BHD (“ASCAP”)]

Announcement Type: General Announcement
Company NameADVANCE SYNERGY BERHAD  
Stock Name ASB  
Date Announced17 Dec 2013  
CategoryGeneral Announcement
Reference NoAS-131217-61244

TypeAnnouncement
SubjectOTHERS
DescriptionADVANCE SYNERGY BERHAD (“ASB”)
STRIKING OFF INACTIVE WHOLLY-OWNED SUBSIDIARIES of ASB [HELD VIA ADVANCE SYNERGY CAPITAL SDN BHD (“ASCAP”)]

Further to our announcement on 26 December 2012, the Board of Directors of ASB wishes to announce that the following wholly-owned subsidiaries of ASCAP had on 17 December 2013 received the notices of striking-off from the register of the Registrar of Companies pursuant to Section 308(4) of the Companies Act, 1965:

1. Triton Express Sdn Bhd, an inactive subsidiary incorporated on 5 June 2001; and

2. Triton Khidmat Sdn Bhd, an inactive subsidiary incorporated on 28 July 2001.

The aforesaid striking-off are not expected to have any material impact on the earnings per share and net assets per share of ASB Group for the financial year ending 31 December 2013.

None of the directors, major shareholders and/or persons connected with the directors and major shareholders of ASB has any interest, direct or indirect, in the aforesaid striking off.

This announcement is dated 17 December 2013.



IGB - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameIGB CORPORATION BERHAD  
Stock Name IGB  
Date Announced17 Dec 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoIC-131217-3541F

Date of buy back17/12/2013
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)400,000
Minimum price paid for each share purchased ($$)2.700
Maximum price paid for each share purchased ($$)2.700
Total consideration paid ($$)1,083,764.00
Number of shares purchased retained in treasury (units)400,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)2,575,500
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.19


IOICORP - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameIOI CORPORATION BERHAD  
Stock Name IOICORP  
Date Announced17 Dec 2013  
CategoryChange in Boardroom
Reference NoIC-131212-55755

Date of change18/12/2013
NameLee Yeow Seng
Age35
NationalityMalaysian
Type of changeRedesignation
Previous PositionExecutive Director
New PositionNon-Executive Director
DirectorateNon Independent & Non Executive
QualificationsLLB (Honours) from King’s College London.  
Working experience and occupation Mr Lee is currently the Executive Director and Chief Executive Officer of IOI Properties Group Berhad ("IOIPG"), a wholly-owned subsidiary of IOI Corporation Berhad (prior to the demerger and listing of IOIPG on the Main Market of Bursa Malaysia Securities Berhad in January 2014).

Since joining IOI Group, he has been actively involved in corporate affairs and general management within the IOI Group.

He is also the Non-Independent Non-Executive Director of Unico-Desa Plantations Berhad, an indirect subsidiary of IOI Corporation Berhad. 
Directorship of public companies (if any)IOI Corporation Berhad Group 
Family relationship with any director and/or major shareholder of the listed issuerMr Lee is the youngest son of Tan Sri Dato' Lee Shin Cheng and the brother of Dato' Lee Yeow Chor, both the major shareholders of the Company. 
Any conflict of interests that he/she has with the listed issuerNo. 
Details of any interest in the securities of the listed issuer or its subsidiariesShares held in IOI Corporation Berhad
Direct: 3,517,900 (0.055%)
Indirect: 2,886,401,580 (45.163%) 

Remarks :
The re-designation of Mr Lee Yeow Seng is mainly to comply with the condition imposed by the Securities Commission relating to the proposed listing of IOI Properties Group Berhad (“IOIPG”) on the Main Market of Bursa Malaysia Securities Berhad, whereby Dato’ Lee Yeow Chor and Mr Lee Yeow Seng respectively should hold executive positions in either IOI Corporation Berhad or IOIPG only and not in both companies. Accordingly, Dato’ Lee Yeow Chor will be re-designated to Non Independent Non Executive Director of IOIPG on 18 December 2013 as well.


MMCCORP - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameMMC CORPORATION BERHAD  
Stock Name MMCCORP  
Date Announced17 Dec 2013  
CategoryGeneral Announcement
Reference NoMC-131217-F7012

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionJOHOR BAHRU HIGH COURT SUIT NO. 22NCVC-243-11/2013
LOGISTIC AIR FCZ AND LOGISTIC AIR INC. (“THE PLAINTIFFS”) AGAINST SENAI AIRPORT TERMINAL SERVICES SDN BHD (“THE SUIT”)

1. INTRODUCTION

1.1 MMC wishes to announce that on 16 December 2013, its wholly owned subsidiary, Senai Airport Terminal Services Sdn Bhd (“SATS” or “the Defendant”) received notification from its solicitors, informing that a suit had been filed on 28 November 2013 against SATS in the Johor Bahru High Court (“High Court”) vide Suit No. 22NCVC-243-11/2013 by Logistic Air FCZ (“LAFCZ”) and Logistic Air Inc. (“LAI”) (“the Plaintiffs”), inter alia for specific damages and unspecified general damages arising from alleged breaches of tenancy agreements and ground handling agreement.

1.2 LAFCZ is a company incorporated in the United Arab Emirates. It manages LAI’s assets and is also the owner of aviation components and parts. LAI, a company incorporated in the United States of America, is the owner of three (3) units of B747 aircrafts (“the Aircrafts”).

1.3 SATS is a private limited company incorporated in Malaysia. Its principal business is to manage, operate, maintain and develop the Senai International Airport, Johor Bahru (“Airport”) as well as to provide airport and aviation related services in the Airport.

2. PARTICULARS OF THE SUIT

2.1 The Plaintiffs entered into a Standard Ground Handling Agreement (“SGHA”) with the Defendant on 21 January 2009 for the provision of ground handling services for the Plaintiffs'

Aircrafts.

2.2 Pursuant to two (2) letters of offer dated 19 February 2009, LAFCZ entered into a tenancy of one (1) unit of cargo office and one (1) unit of cargo warehouse with the Defendant. Vide a letter of offer dated 20 January 2010, LAFCZ also entered into a tenancy of one (1) unit of cargo warehouse with the Defendant.

2.3 LAFCZ alleged that it was forcibly evicted from the cargo warehouse and as a result it suffered a loss of RM4,830,000.00 of aircraft parts and aviation components stored therein. LAI alleged that SATS’ employee and/or agent had recklessly and /or negligently driven a cargo loader vehicle into one of the Aircrafts and claims the sum of RM32,400,000.00 for losses relating to the Aircrafts.

2.4 Following the alleged breaches by Defendant with regard to the tenancy agreements and SGHA entered between the parties, the Plaintiffs, under the Suit, seek the following remedies :

a. Special damages of RM32,400,000.00 for losses relating to the Aircrafts;

b. Special damages of RM4,830,000.00 for losses relating to the aircrafts parts and aviation components;

c. General damages;

d. Interest at the rate of 5% per annum on the judgment sum calculated on a daily basis from 22 April 2013 until the date of full settlement;

e. Cost; and

f. Any further order or relief that the High Court deems fit and proper.

2.5 The Defendant’s solicitors are of view that the Plaintiffs’ claims lack merits and that the Defendant has a good chance of defending the Suit.

3. FINANCIAL AND OPERATIONAL IMPACT OF THE SUIT

3.1 The Suit is not expected to have any material impact on the earnings and the net assets of the MMC Group for the financial year ending 31 December 2013.

3.2 There is no operational impact on MMC Group.

This announcement is dated 17 December 2013.



MMCCORP - OTHERS PROPOSED ISSUANCE OF SUKUK OF UP TO RM5,400 MILLION IN NOMINAL VALUE UNDER THE SHARIAH PRINCIPLE OF MURABAHAH VIA TAWARRUQ ARRANGEMENT (“SUKUK MURABAHAH”) BY MALAKOFF POWER BERHAD

Announcement Type: General Announcement
Company NameMMC CORPORATION BERHAD  
Stock Name MMCCORP  
Date Announced17 Dec 2013  
CategoryGeneral Announcement
Reference NoMI-131217-62384

TypeAnnouncement
SubjectOTHERS
DescriptionPROPOSED ISSUANCE OF SUKUK OF UP TO RM5,400 MILLION IN NOMINAL VALUE UNDER THE SHARIAH PRINCIPLE OF MURABAHAH VIA TAWARRUQ ARRANGEMENT (“SUKUK MURABAHAH”) BY MALAKOFF POWER BERHAD

We refer to our earlier announcement dated 26 November 2013 in relation to the Sukuk Murabahah.

On behalf of MMC Corporation Berhad (“MMC”), Maybank Investment Bank Berhad is pleased to announce that Malakoff Power Berhad (“Issuer”) had on 17 December 2013 issued RM5,380 million in nominal value of the Sukuk Murabahah. As such, in accordance with the principal terms and conditions, the remaining unissued portion of the Sukuk Murabahah equivalent to RM20 million in nominal value has been cancelled.

The Sukuk Murabahah has been accorded a rating of AA-IS with stable outlook by Malaysian Rating Corporation Berhad.

The salient terms of the Sukuk Murabahah as approved by the Securities Commission Malaysia (“SC”) on 25 November 2013 are attached to this announcement.

The Issuer is wholly-owned by Malakoff Corporation Berhad, a 51% owned subsidiary of MMC.

This announcement is dated 17 December 2013.

 



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