December 9, 2013

Company announcements: XDL-WA, KSSC, SENDAI, GASMSIA, SONA, SHANG, PARKSON, CHHB

XDL-WA - Rights Issue

Announcement Type: Entitlements (Notice of Book Closure)
Company NameXIDELANG HOLDINGS LTD  
Stock Name XDL-WA  
Date Announced9 Dec 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoOS-131209-66329

EX-date19/12/2013
Entitlement date23/12/2013
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionADJUSTMENT TO THE NUMBER OF OUTSTANDING WARRANTS 2012 OF XIDELANG HOLDINGS LTD (“XDL”) (“XDL WARRANTS 2012”) IN ACCORDANCE WITH THE DEED POLL DATED 15 MARCH 2012 GOVERNING THE XDL WARRANTS 2012 (“ADJUSTMENTS”) PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 322,665,266 NEW ORDINARY SHARES OF USD0.10 EACH IN XDL (“XDL SHARES”) (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM0.35 PER RIGHTS SHARE, TOGETHER WITH UP TO 241,998,950 FREE DETACHABLE WARRANTS IN XDL (“WARRANTS 2014”) AND AN ATTACHED BONUS ISSUE OF UP TO 241,998,950 NEW XDL SHARES (“BONUS SHARES”) TO BE CREDITED AS FULLY PAID-UP AT PAR, ON THE BASIS OF FOUR (4) RIGHTS SHARES TOGETHER WITH THREE (3) FREE WARRANTS 2014 AND THREE (3) BONUS SHARES FOR EVERY TWELVE (12) EXISTING XDL SHARES HELD AT 5P.M. ON 23 DECEMBER 2013 ("RIGHTS ISSUE").
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 noTricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Tel: +603 - 2264 3883
Fax: +603 - 2282 1886
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers23/12/2013 
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) 
Entitlement indicatorRatio
Ratio 4 : 12
Rights Issues/Offer Price 0.35

Remarks :
On even date, the Notice of Book Closure has been separately announced for the Rights Issue. The Warrant 2012 holders will NOT qualify for the entitlement to the Rights Shares UNLESS they exercise their Warrants 2012 and lodge their duly completed Warrant 2012 subscription form together with the subscription monies with XDL's registrar, Tricor Investor Services Sdn Bhd, by 5.00 p.m. on 10 December 2013 in order for the new Shares issued to be transferred into the respective depositors' securities account prior to 23 December 2013, the Entitlement Date.

The outstanding Warrant holders who do not exercise their subscription rights by 5.00 p.m. on 10 December 2013 and subsequently whose names appear in the Register Of Warrant 2012 Holders by 5.00 p.m. on the Entitlement Date shall accordingly be entitled to the Adjustments. Details of the Adjustments to the existing Warrants 2012 arising from the Rights Issue, are as follows:-

(i) Exercise price of Warrants 2012

The current exercise price of the Warrants 2012 is RM0.35 per Warrant 2012. Pursuant to the provisions of the deed poll governing the Warrants 2012, the adjustments arising from the Rights Issue will not result in any change to the exercise price of the Warrants 2012.

(ii) Number of Warrants 2012

The Rights Issue will give rise to 19,779,602 Additional Warrants, yielding a total number of 261,778,552 Warrants 2012.

The rights and obligations of the holders of the existing Warrants 2012 will remain unchanged, save for the abovementioned adjustment. The Adjustments are to ensure that the status of the holders of the existing Warrants 2012 is not prejudiced due to the Rights Issue. An information circular setting out the Adjustments will be despatched to the Warrant 2012 holders in due course

This announcement is dated 9 December 2013.


KSSC - OTHERS K SENG SENG CORPORATION BERHAD ("the Company") NOTIFICATION OF THE EXTENTION OF TIMEFRAME FOR THE UTILIZATION OF PROCEEDS FOR EXPANSION OF BUSINESS EXPANSION AND CAPITAL EXPENDITURE

Announcement Type: General Announcement
Company NameK.SENG SENG CORPORATION BERHAD  
Stock Name KSSC  
Date Announced9 Dec 2013  
CategoryGeneral Announcement
Reference NoCC-131206-44977

TypeAnnouncement
SubjectOTHERS
DescriptionK SENG SENG CORPORATION BERHAD ("the Company")
NOTIFICATION OF THE EXTENTION OF TIMEFRAME FOR THE UTILIZATION OF PROCEEDS FOR EXPANSION OF BUSINESS EXPANSION AND CAPITAL EXPENDITURE

K. SENG SENG CORPORATION BERHAD (‘the Company”)

NOTIFICATION OF THE EXTENSION OF TIMEFRAME FOR THE UTILIZATION OF PROCEEDS FOR EXPANSION OF BUSINESS EXPANSION AND CAPITAL EXPENDITURE

Reference is made to the utilization of proceeds raised from the public issue as disclosed in the Company’s Prospectus dated 30 December 2010 that was issued in conjunction with the listing of the Company on the Main Market Bursa Malaysia Securities Berhad (“IPO”).

Further to the announcement made on 28 December 2012, the Board of Directors of KSSC wishes to announce that the Board has resolved to extend the timeframe for utilization of proceeds of RM3.31 million that was allocated for the business expansion and capital expenditures for another twelve (12) months period until 18 January 2015 (“Extension of Time for Utilization”).

Details of the utilization proceed as at 6 December 2013 are reflected in the table below :-

Details of the Utilization of IPO Proceeds

Proposed utilization of IPO Proceeds (RM’000)

Actual Utilization of IPO proceeds (RM’000)

Balance of Unutilized IPO Proceeds (RM’000)

Initial Timeframe for Utilization of IPO proceeds from date of listing (i.e. 19 January 2011)

1st Extension of Timeframe for Utilization of IPO proceeds from date of listing

2nd Extension of Timeframe for Utilization of IPO proceeds from date of listing

3rd Extension of Timeframe for Utilization of IPO proceeds from date of listing

Business Expansion and capital Expenditures

3,310

-

3,310

Within 12 months

(i.e. until 18 January 2012)

Within 24 months

(i.e. until 18 January 2013)

Within 36 months

(i.e. until 18 January 2014)

Within 48 months

(i.e. until 18 January 2015)

Total

3,310

-

3,310

The Board viewed that extension of time is necessary in view that the intended utilization of RM3.31 million of the IPO proceeds for business expansion and capital expenditures could not be completed within the 48 months’ timeframe due to uncertainty in global economy and customers’ demand. Therefore, the Management would need additional time to observe the market trend and economic development to be more certain before committed into business expansion and capital expenditure. The extension of time would not significantly affect the business of KSSC and its subsidiaries.

The Board is of the opinion that the extension of time is in the best interest of the Company.

The aforementioned extension of timeframe for utilization of IPO proceeds is not subject to any regulatory approval and shareholders’ approval.

This announcement is dated 9 December 2013.



SENDAI - 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 NameEVERSENDAI CORPORATION BERHAD  
Stock Name SENDAI  
Date Announced9 Dec 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoEC-131209-52855

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 RM0.50 each
Name & address of registered holderEmployees Provident Fund Board
Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") - Employees Provident Fund Board
Citigroup - Employees Provident Fund Board (HDBS)
Citigroup - Employees Provident Fund Board (ARIM)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed03/12/2013
250,000
 

Circumstances by reason of which change has occurredCitigroup - Employees Provident Fund Board (ARIM) - Disposal of 250,000 shares
Nature of interestDirect
Direct (units)68,207,500 
Direct (%)8.81 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change68,207,500
Date of notice04/12/2013

Remarks :
This announcement is based on the information in the Notice of Change in the Interest of Substantial
Shareholder (Form 29B) dated 4 December 2013 received by the Company on 9 December 2013.


GASMSIA - OTHERS GAS MALAYSIA BERHAD (“GMB” OR “COMPANY”) PROPOSED EXTENSION OF TIME TO RECTIFY THOSE PLOTS OF LAND ERECTED WITH GMB’S STATIONS WHICH ARE NOT DESIGNATED FOR GAS STATION USE (“PROPOSED EXTENSION OF TIME”)

Announcement Type: General Announcement
Company NameGAS MALAYSIA BERHAD  
Stock Name GASMSIA  
Date Announced9 Dec 2013  
CategoryGeneral Announcement
Reference NoMI-131209-50935

TypeAnnouncement
SubjectOTHERS
DescriptionGAS MALAYSIA BERHAD (“GMB” OR “COMPANY”)

PROPOSED EXTENSION OF TIME TO RECTIFY THOSE PLOTS OF LAND ERECTED WITH GMB’S STATIONS WHICH ARE NOT DESIGNATED FOR GAS STATION USE (“PROPOSED EXTENSION OF TIME”)

We refer to the announcement made on 8 October 2012 in relation to the approval from the Securities Commission (“SC”) for the Proposed Extension of Time for GMB to comply with the condition imposed by the SC on GMB to identify those plots of land erected with stations which are not designated for gas station use (“Condition”) and rectify the non-compliance by 31 December 2013.

On behalf of the Company, Maybank Investment Bank Berhad wishes to announce that an application for an extension of time for GMB to comply with the Condition was submitted to the SC today.

An announcement will be made at a later stage upon receipt of the decision from the SC.

This announcement is dated 9 December 2013.



SONA - OTHERS SONA PETROLEUM BERHAD (“SONA” OR “THE COMPANY”) "Article Entitled: Sona may buy Indonesian oilfield RM418 mil” in Starbiz of the Star

Announcement Type: General Announcement
Company NameSONA PETROLEUM BERHAD  
Stock Name SONA  
Date Announced9 Dec 2013  
CategoryGeneral Announcement
Reference NoCM-131209-60600

TypeAnnouncement
SubjectOTHERS
DescriptionSONA PETROLEUM BERHAD (“SONA” OR “THE COMPANY”)
"Article Entitled: Sona may buy Indonesian oilfield RM418 mil” in Starbiz of the Star

We refer to the article published on page 2, StarBiz of the Star dated 9 December 2013.

As a special purpose acquisition company (SPAC), Sona is evaluating several possible acquisition targets within its region of interest, namely South East Asia, the Middle East and selected countries in Africa. As at the date of this announcement, various proposals are under evaluation and the Company has not entered into binding and definitive arrangements for its qualifying acquisition.

The Company will make the appropriate announcement to Bursa Malaysia Securities Berhad (“Bursa Malaysia”) in a timely manner in accordance with the Main Market Listing Requirements of Bursa Malaysia should there be any further development on the said matters.

This announcement is dated 9 December 2013.



SHANG - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management PLC

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSHANGRI-LA HOTELS (MALAYSIA) BERHAD  
Stock Name SHANG  
Date Announced9 Dec 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoSH-131209-93A6B

Particulars of substantial Securities Holder

NameAberdeen Asset Management PLC
Address10 Queen's Terrace
Aberdeen
AB10 1YG
Scotland
NRIC/Passport No/Company No.82015
Nationality/Country of incorporationScotland
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holder(1) Aberdeen Asset Management Asia Limited
21 Church Street #01-01
Capital Square Two
Singapore 049480

(2) Aberdeen Asset Management Sdn Bhd
Suite 1005, 10th Floor
Wisma Hamzah-Kwong Hing
No. 1, Leboh Ampang
50100 Kuala Lumpur

(3) Aberdeen International Fund Managers Limited
Rm 2605-06,
26/F Alexandra House
18 Chater Road
Central
Hong Kong

(4) Aberdeen Asset Management Inc.
103 Springer Building
3411 Silverside Road
Wilmington
Delaware 19810
USA

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed05/12/2013
6,000
 

Circumstances by reason of which change has occurredAn investment position taken in connection with Aberdeen Asset Management Inc.'s ordinary business in fund management.


Nature of interestIndirect
Direct (units)
Direct (%)
Indirect/deemed interest (units)50,558,300 
Indirect/deemed interest (%)11.49 
Total no of securities after change50,558,300
Date of notice06/12/2013

Remarks :
The notice was received by the Company on 9 December 2013.


SHANG - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management Asia Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSHANGRI-LA HOTELS (MALAYSIA) BERHAD  
Stock Name SHANG  
Date Announced9 Dec 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoSH-131209-5B903

Particulars of substantial Securities Holder

NameAberdeen Asset Management Asia Limited
Address21 Church Street #01-01
Capital Square Two
Singapore 049480
NRIC/Passport No/Company No.199105448E
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holder(1) BNP Paribas Trust Services Singapore Limited
(2) BNP Paribas Securities Services
(3) State Street Bank & Trust
(4) Northern Trust - Chicago

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed06/12/2013
18,000
 

Circumstances by reason of which change has occurredAn investment position taken in connection with Aberdeen Asset Management Asia Limited's ordinary business in fund management.
Nature of interestIndirect
Direct (units)
Direct (%)
Indirect/deemed interest (units)37,023,600 
Indirect/deemed interest (%)8.41 
Total no of securities after change37,023,600
Date of notice09/12/2013


SHANG - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management PLC

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSHANGRI-LA HOTELS (MALAYSIA) BERHAD  
Stock Name SHANG  
Date Announced9 Dec 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoSH-131209-5BD2B

Particulars of substantial Securities Holder

NameAberdeen Asset Management PLC
Address10 Queen's Terrace
Aberdeen
AB10 1YG
Scotland
NRIC/Passport No/Company No.82015
Nationality/Country of incorporationScotland
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holder(1) Aberdeen Asset Management Asia Limited
21 Church Street #01-01
Capital Square Two
Singapore 049480

(2) Aberdeen Asset Management Sdn Bhd
Suite 1005, 10th Floor
Wisma Hamzah-Kwong Hing
No. 1, Leboh Ampang
50100 Kuala Lumpur

(3) Aberdeen International Fund Managers Limited
Rm 2605-06,
26/F Alexandra House
18 Chater Road
Central
Hong Kong

(4) Aberdeen Asset Management Inc.
103 Springer Building
3411 Silverside Road
Wilmington
Delaware 19810
USA

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed06/12/2013
18,000
 

Circumstances by reason of which change has occurredAn investment position taken in connection with Aberdeen Asset Management Inc.'s ordinary business in fund management.


Nature of interestIndirect
Direct (units)
Direct (%)
Indirect/deemed interest (units)50,540,300 
Indirect/deemed interest (%)11.49 
Total no of securities after change50,540,300
Date of notice09/12/2013


PARKSON - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced9 Dec 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoPH-131209-9ABDC

Date of buy back09/12/2013
Description of shares purchasedOrdinary shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)155,900
Minimum price paid for each share purchased ($$)3.340
Maximum price paid for each share purchased ($$)3.390
Total consideration paid ($$)526,547.21
Number of shares purchased retained in treasury (units)155,900
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)17,485,431
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 (%)1.6


CHHB - OTHERS COUNTRY HEIGHTS HOLDINGS BERHAD ("CHHB" OR "THE COMPANY") - PARTIAL SETTLEMENT AND EXTENSION OF LOAN

Announcement Type: General Announcement
Company NameCOUNTRY HEIGHTS HOLDINGS BHD  
Stock Name CHHB  
Date Announced9 Dec 2013  
CategoryGeneral Announcement
Reference NoCH-131206-52698

TypeAnnouncement
SubjectOTHERS
DescriptionCOUNTRY HEIGHTS HOLDINGS BERHAD ("CHHB" OR "THE COMPANY")
- PARTIAL SETTLEMENT AND EXTENSION OF LOAN

Reference is made to the announcements dated 28 December 2010 and 30 December 2010 in relation to the friendly loan amounting to RM84,451,795 (the "Loan") from Tan Sri Lee Kim Tiong @ Lee Kim Yew (the "Lender"), for the purpose to partially redeem the RM150 million 3% to 8% Redeemable Secured Bonds 1996/2011 which was duly redeemed on 28 December 2010.

Reference is also made to the announcement dated 19 December 2011 in relation to an Extension of the Loan Agreement entered into between the Lender and CHHB which took effect on 22 December 2011 for an extension of the tenure of the Loan for an additional 24 months from 21 December 2011 and shall expire on 21 December 2013 (the "Expiry Date").

As at 21 November 2013, the amount owing to the Lender is RM53,908,485 (the "Balance Loan").

The Board of Directors of CHHB wishes to announce that, on 9 December 2013, CHHB and the Lender had mutually agreed to a further extension of the tenure of the Loan for a period of two (2) years from the Expiry Date to 21 December 2015. The Lender being the Non-Executive Deputy Chairman and major shareholder of the Company has gratuitously agreed to the extension in the best interest of the Company after taking into consideration the financial obligations of the Company and pending the resolution of the legal proceedings in the matter of the Inland Revenue Board vs CHHB for Real Property Gains Taxes (RPGT), the details of which have been announced previously. The Lender is of the opinion that in the event the RPGT liability is decided against the Company, then the aforesaid obligation should take precedence over the Loan.

The Board of Directors of CHHB is of the opinion that the above extension of the Loan is in the best interest of the Company.

This announcement is dated 9 December 2013.



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