VITROX - MULTIPLE PROPOSALS
Company Name | VITROX CORPORATION BERHAD |
Stock Name | VITROX |
Date Announced | 26 Dec 2013 |
Category | General Announcement |
Reference No | MI-131226-65980 |
Type | Announcement |
Subject | MULTIPLE PROPOSALS |
Description | VITROX CORPORATION BERHAD (“VITROX” OR THE “COMPANY”) PROPOSED ESTABLISHMENT OF AN EMPLOYEES’ SHARE OPTION SCHEME OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF VITROX (“PROPOSED ESOS”); PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL; AND PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION; (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
We refer to the announcements dated 16 December 2013 and 20 December 2013 in relation to the Proposals (“Announcements”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcements.
On behalf of the Board of Directors of ViTrox, Kenanga Investment Bank Berhad ("KIBB") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") has vide its letter dated 26 December 2013 resolved to approve the listing of such number of additional new ordinary shares of RM0.10 each, representing up to 10% of the issued and paid-up share capital of ViTrox (excluding treasury shares) to be issued pursuant to the exercise of options under the Proposed ESOS subject to the following: 1. KIBB is required to submit a confirmation to Bursa Securities of full compliance of the ESOS pursuant to Paragraph 6.43(1) of the Main Market Listing Requirements of Bursa Securities and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in general meeting; and 2. ViTrox is required to furnish Bursa Securities on a quarterly basis a summary of the total number of ESOS shares listed as at the end of each quarter together with a detailed computation of listing fees payable. In the event the new ordinary shares to be issued pursuant to the exercise of ESOS will be listed and quoted as the existing securities of the same class, quotation of the new ordinary shares will commence on the next market day after the following: (i) Submission of the share certificate together with a covering letter containing the summary of the ESOS to Bursa Malaysia Depository Sdn Bhd ("Bursa Depository") before 10.00 a.m. on the market day prior to the listing date; (ii) Receipt of confirmation from Bursa Depository that the additional new shares are ready for crediting into the securities account of the respective account holders; and (iii) An announcement in accordance with Paragraph 13.2 of PN28 is submitted via Bursa Link before 3.00 p.m. on the market day prior to the listing date. In the event the new ordinary shares to be issued pursuant to the exercise of ESOS will be separately quoted from the existing securities i.e. "A" shares, the listing and quotation of the new ordinary shares will take place two (2) market days upon receipt of an application for quotation by Bursa Securities as specified under Part C of Annexure PN28-B. ViTrox is required to ensure full compliance of all the requirements pertaining to the ESOS as provided under the Main Market Listing Requirements of Bursa Securities. This announcement is dated 26 December 2013. |
TEBRAU - MULTIPLE PROPOSALS
Company Name | TEBRAU TEGUH BERHAD |
Stock Name | TEBRAU |
Date Announced | 26 Dec 2013 |
Category | General Announcement |
Reference No | ML-131226-68604 |
Type | Announcement |
Subject | MULTIPLE PROPOSALS |
Description | TEBRAU TEGUH BERHAD (“TTB” OR “COMPANY”) (I) PROPOSED RIGHTS ISSUE WITH WARRANTS; (II) PROPOSED ESOS; (III) PROPOSED EXEMPTION; (IV) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND (V) PROPOSED M&A AMENDMENTS |
On behalf of the Board of Directors of TTB (“Board”), AmInvestment Bank Berhad (“AmInvestment”) and Hong Leong Investment Bank Berhad (“HLIB”) wishes to announce that TTB is proposing to undertake the following: (i) proposed renounceable rights issue of up to 669,727,143 ordinary shares of RM0.50 each in TTB (“Rights Shares”) on the basis of 1 Rights Share for every 1 existing ordinary share of RM0.50 each held in TTB (“TTB Shares” or “Shares”) at an issue price of RM1.00 per Rights Share together with up to 334,863,571 free detachable warrants (“Warrants”) on the basis of 1 free Warrant for every 2 Rights Shares subscribed on an entitlement date to be determined later (“Proposed Rights Issue with Warrants”); (ii) proposed exemption under Paragraph 16.1 of Practice Note 9 of the Malaysian Code on Take-Overs and Mergers, 2010 (“Code”) to Iskandar Waterfront Holdings Sdn Bhd (“IWH”) from the obligation to extend a mandatory take-over offer for the remaining TTB Shares not already held by it which may arise pursuant to the Proposed Rights Issue with Warrants (“Proposed Exemption”); (iii) proposed establishment of an employees’ share option scheme (“ESOS”) for eligible employees and directors of TTB and its subsidiaries (“TTB Group”) (“Proposed ESOS”); (iv) proposed increase in the authorised share capital of the Company from RM500,000,000 comprising 1,000,000,000 TTB Shares to RM2,000,000,000 comprising 4,000,000,000 TTB Shares (“Proposed Increase In Authorised Share Capital”); and (v) proposed amendments to the Memorandum and Articles of Association (“M&A”) of TTB (“Proposed M&A Amendments”). The Proposed Rights Issue with Warrants, Proposed Exemption, Proposed ESOS, Proposed Increase in Authorised Share Capital and the Proposed M&A Amendments are collectively referred to as the “Proposals”. Please refer to the attachment for further information. This announcement is dated 26 December 2013.
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HIBISCS - Results from Block 50 Oman Drilling
Company Name | HIBISCUS PETROLEUM BERHAD |
Stock Name | HIBISCS |
Date Announced | 26 Dec 2013 |
Category | General Announcement |
Reference No | HP-131226-64728 |
JETSON - Notice of Person Ceasing (29C) - Shapadu Capital Sdn. Bhd (Amended Announcement)
Company Name | KUMPULAN JETSON BERHAD |
Stock Name | JETSON |
Date Announced | 26 Dec 2013 |
Category | Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965 |
Reference No | CS-131226-925C6 |
Particulars of substantial Securities Holder
Remarks : |
The number of securities disposed was 1,000,000 instead of 4,209,100. The amended Form 29C was received by the Company on 26 December 2013. |
GADANG - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Company Name | GADANG HOLDINGS BHD |
Stock Name | GADANG |
Date Announced | 26 Dec 2013 |
Category | General Announcement |
Reference No | MB-131226-39926 |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | GADANG HOLDINGS BERHAD ("GADANG" OR "COMPANY") PROPOSED JOINT VENTURE BETWEEN ACHWELL PROPERTY SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF GADANG, AND CAPITAL CITY PROPERTY SDN BHD FOR AN INTEGRATED DEVELOPMENT COMPRISING A RETAIL PODIUM, OFFICE SUITES TOWER BLOCKS AND HOTEL SUITES TOWER BLOCKS IN BANDAR JOHOR BAHRU, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR DARUL TAKZIM (“PROPOSED JOINT VENTURE”) |
On behalf of the Board of Directors of Gadang, AmInvestment Bank Berhad wishes to announce that Achwell Property Sdn Bhd (“APSB” or “Landowner”), a wholly-owned subsidiary of Gadang, had on 26 December 2013 entered into a joint venture agreement (“Agreement”) with Capital City Property Sdn Bhd (“CCPSB” or “Developer”) for the proposed development and construction of an integrated development on eighty-four (84) parcels of land located in Bandar Johor Bahru, District of Johor Bahru, State of Johor Darul Takzim (“Said Land”). The total land area for the development, including amongst others, roads and other common areas, is approximately 12.0 acres. The proposed integrated development, subject to the approval of the relevant authorities, is expected to generate an estimated gross development value (“GDV”) of RM1.8 billion which entails the following proposed components, will be completed not later than sixty-six (66) months from the Commencement Date (as defined in Section 2.3.3 of the attachment):- (i) a retail podium of ten (10) levels (inclusive of a lower ground level) of retail and car park floors measuring in aggregate approximately 261,239 square metres; (collectively referred to as “the Project”). Under the terms of the Agreement, CCPSB shall pay to APSB a total value equivalent to 16.7% of the final GDV of the Project, up to a maximum sum of RM323,999,999 inclusive of the market value of the Said Land of RM57,500,000. Based on the estimated GDV of the Project of RM1.8 billion, APSB’s entitlement is RM300,600,000. The final GDV will be determined upon completion of the Project. Please refer to the attachment for further details in relation to the Proposed Joint Venture. |
WCT - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | WCT HOLDINGS BERHAD |
Stock Name | WCT |
Date Announced | 26 Dec 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | WW-131226-35717 |
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. | EPFACT1991 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary Shares of RM0.50 each |
Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (88,468,810 Shares) Employees Provident Fund Board (1,722,125 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board(Amundi)(1,896,000 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board(HDBS)(5,018,895 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (KAF FM) (3,600,000 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) (6,657,000 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (PHEIM) (940,000 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) (14,742,750 Shares) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ARIM) (2,200,000 Shares) |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 20/12/2013 | 998,400 |
Remarks : |
Form 29B dated 23 December 2013 was received on 26 December 2013. |
BERTAM - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Company Name | BERTAM ALLIANCE BERHAD |
Stock Name | BERTAM |
Date Announced | 26 Dec 2013 |
Category | General Announcement |
Reference No | CK-131226-48508 |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | BERTAM ALLIANCE BERHAD ("BERTAM") SUBSCRIPTION OF 4,900,000 ORDINARY SHARES OF RM1.00 EACH IN GJH PRESTIGE SDN BHD ("GJH PRESTIGE"), REPRESENTING 49% OF THE TOTAL ISSUED AND PAID UP CAPITAL OF GJH PRESTIGE, BY BERTAM DEVELOPMENT SDN BHD ("BERTAM DEVELOPMENT"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY |
Please refer to the attachment for the details of the announcement. |
YOKO - Notice of Shares Buy Back - Immediate Announcement
Company Name | YOKOHAMA INDUSTRIES BERHAD |
Stock Name | YOKO |
Date Announced | 26 Dec 2013 |
Category | Notice of Shares Buy Back - Immediate Announcement |
Reference No | CC-131226-3B2B2 |
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