January 29, 2014

Company announcements: MAYBANK, PBBANK, FABER, TEBRAU, ORIENT, POS, AHP

MAYBANK - OTHERS MALAYAN BANKING BERHAD’S ISSUANCE OF BASEL III-COMPLIANT TIER 2 SUBORDINATED NOTES OF RM1.6 BILLION UNDER A SUBORDINATED NOTE PROGRAMME OF UP TO RM7.0 BILLION IN NOMINAL VALUE

Announcement Type: General Announcement
Company NameMALAYAN BANKING BERHAD  
Stock Name MAYBANK  
Date Announced29 Jan 2014  
CategoryGeneral Announcement
Reference NoMI-140129-62981

TypeAnnouncement
SubjectOTHERS
DescriptionMALAYAN BANKING BERHAD’S ISSUANCE OF BASEL III-COMPLIANT TIER 2 SUBORDINATED NOTES OF RM1.6 BILLION UNDER A SUBORDINATED NOTE PROGRAMME OF UP TO RM7.0 BILLION IN NOMINAL VALUE

We refer to our earlier announcement dated 10 May 2012 in respect of the first issuance on that same date of RM2.1 billion of Subordinated Notes under a Subordinated Note Programme of up to RM7.0 billion in nominal value (“Subordinated Note Programme”) by Malayan Banking Berhad (“Maybank”). Maybank had on 19 December 2013 obtained the approval from Bank Negara Malaysia (“BNM”) for the revision of the principal terms and conditions (“PTC”) of the Subordinated Note Programme (in respect of Subordinated Notes to be issued in the future) to comply with BNM’s Capital Adequacy Framework (Capital Components) issued on 28 November 2012 (“BNM Capital Adequacy Framework”).

The revision to the PTC in respect of Subordinated Notes to be issued in the future includes, amongst others, insertion of a contingent write-off clause, where at the point of a Trigger Event (as defined below), Maybank shall irrevocably, without the consent of the holders of the Subordinated Notes, write-off the Subordinated Notes in whole or in part, if so required by BNM and/or Malaysia Deposit Insurance Corporation (“PIDM”) at their full discretion.

A “Trigger Event” shall be the earlier of the following:

(i) the Relevant Malaysian Authority (the “Relevant Malaysian Authority” means BNM, jointly with PIDM) notifies Maybank in writing that the Relevant Malaysian Authority is of the opinion that a write-off is necessary, without which Maybank would cease to be viable; or

(ii) the Relevant Malaysian Authority publicly announces that a decision has been made by BNM, PIDM, or any other federal or state government in Malaysia, to provide a capital injection or equivalent support to Maybank, without which Maybank would cease to be viable.

Maybank had on 18 November 2013 obtained the confirmation from RAM Rating Services Berhad that the revision to the Subordinated Note Programme in respect of Subordinated Notes to be issued in the future would not have any impact to the AA1 rating and the stable outlook of the Subordinated Note Programme.

The Board of Directors of Maybank is pleased to announce that Maybank has on 29 January 2014 completed the issuance of a RM1.6 billion Basel III-compliant Tier 2 Subordinated Notes under the revised Subordinated Note Programme via book building.

The issuance details are summarized as follows:

(a)

Issuer

:

Malayan Banking Berhad

(b)

Issue Date

:

29 January 2014

(c)

Nominal Amount

:

RM1,600,000,000.00

(d)

Tenure

:

10 years on a 10 non-callable 5 basis

(e)

Maturity Date

:

29 January 2024

(f)

Call Date

:

29 January 2019 and on every coupon payment date thereafter

(g)

Coupon Rate

:

4.90% per annum

(h)

Details on Utilisation of Proceeds

:

The proceeds from the Subordinated Notes will be utilised to fund Maybank’s working capital, general banking and other corporate purposes.

(i)

Rating

:

AA1 (RAM Rating Services Berhad)

The Subordinated Notes will qualify as Tier 2 capital of Maybank in accordance with the BNM Capital Adequacy Framework.

This announcement is dated 29 January 2014.



PBBANK - 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 NamePUBLIC BANK BERHAD  
Stock Name PBBANK  
Date Announced29 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPB-140129-3F421

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 holder1. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
- Sale of 344,400 shares on 24 January 2014

2. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (NOMURA)
- Purchase of 101,000 shares on 24 January 2014

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed24/01/2014
344,400
 
Acquired24/01/2014
101,000
 

Circumstances by reason of which change has occurred1. Sale of shares
2. Purchase of shares managed by Portfolio Manager
Nature of interestDirect
Direct (units)519,173,081 
Direct (%)14.82 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change519,173,081
Date of notice24/01/2014

Remarks :
The percentage of EPF's direct interests in Public Bank Berhad (PBB) shares of 14.82% is computed based on the total number of PBB shares in issue excluding a total of 29,800,704 PBB shares bought-back by PBB and retained as treasury shares as at 29 January 2014.

Received EPF Form 29B dated 24 January 2014 on 29 January 2014.


FABER - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameFABER GROUP BERHAD  
Stock Name FABER  
Date Announced29 Jan 2014  
CategoryGeneral Announcement
Reference NoFG-140129-B81FF

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionFABER GROUP BERHAD ("FGB" or "the Company")
KUALA LUMPUR HIGH COURT SUIT NO. 22NCC-517-08/2013 SSP MEDICAL TECHNOLOGIES SDN BHD AGAINST FABER MEDI-SERVE SDN BHD AND HEALTHTRONICS (M) SDN BHD

We refer to our announcements on 6 September 2013, 9 September 2013 (amended), 10 September 2013, 1 October 2013, 2 October 2013, 22 October 2013, 23 October 2013, 31 October 2013, 7 November 2013, 20 November 2013, 21 November 2013 and 22 January 2014 in relation to the above matter.

We wish to announce that we were informed by the solicitors for Faber Medi-Serve Sdn Bhd, a subsidiary of FGB, that the Judge had postponed the decision on the Plaintiff's application to 30 January 2014.

The Company will announce further development on the above at the appropriate time.

This announcement is dated 29 January 2014.



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

Announcement Type: General Announcement
Company NameTEBRAU TEGUH BERHAD  
Stock Name TEBRAU  
Date Announced29 Jan 2014  
CategoryGeneral Announcement
Reference NoMB-140129-48305

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionTEBRAU TEGUH BERHAD (“TTB” OR “COMPANY”)

- PROPOSED ESTABLISHMENT OF A JOINT VENTURE WITH GOLDDUST UNITED SDN. BHD. (“GUSB”), A WHOLLY-OWNED SUBSIDIARY OF TROPICANA CORPORATION BERHAD (FORMERLY KNOWN AS DIJAYA CORPORATION BERHAD) (“TROPICANA”), FOR THE JOINT DEVELOPMENT OF THE SUBJECT PROPERTY (AS DEFINED HEREIN) (“PROPOSED JOINT VENTURE”); AND

- PROPOSED DISPOSAL OF A PIECE OF LAND WHICH PRESENTLY FORMS A PORTION OF A LEASEHOLD LAND HELD UNDER HS(D) 437846 PTD 194795 IN THE DISTRICT OF JOHOR BAHRU, MUKIM PLENTONG, STATE OF JOHOR, TO BE HELD UNDER A NEW TITLE (“SUBJECT PROPERTY”) TO RENOWN DYNAMICS SDN BHD (“RDSB”) FOR A TOTAL DISPOSAL CONSIDERATION OF RM444,312,000 (“DISPOSAL CONSIDERATION”) (“PROPOSED LAND DISPOSAL”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
We refer to the announcement made by AmInvestment Bank Berhad (“AmInvestment Bank”) on behalf of the Board of Directors of TTB (“Board”) on 23 December 2013 in relation to the Proposals (“Announcement”). Unless otherwise stated, the terms used herein shall have the same meaning as defined in the Announcement.

On behalf of the Board, AmInvestment Bank wishes to announce that the valuation report for the Subject Property by Messrs C H Williams Talhar & Wong
has been submitted to Bursa Malaysia Securities Berhad today.

The said valuation report is currently available for inspection at the registered office of the Company at Suite 1301, 13th Floor City Plaza, Jalan Tebrau, 80300 Johor Bahru, Johor Darul Takzim, during normal office hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement.
    This announcement is dated 29 January 2014.


    ORIENT - 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 NameORIENTAL HOLDINGS BERHAD  
    Stock Name ORIENT  
    Date Announced29 Jan 2014  
    CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Reference NoCC-140129-4E909

    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 stocks of RM1.00 each
    Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd for Employees Provident Fund Board
    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)
    Disposed24/01/2014
    12,200
     

    Circumstances by reason of which change has occurredDisposal of shares by Employees Provident Fund Board
    Nature of interestDirect Interest
    Direct (units)60,345,916 
    Direct (%)9.73 
    Indirect/deemed interest (units)
    Indirect/deemed interest (%)
    Total no of securities after change60,345,916
    Date of notice27/01/2014

    Remarks :
    This Notice was received on 29 January 2014.


    POS - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (Diperbadankan) ("KWAP")

    Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Company NamePOS MALAYSIA BERHAD  
    Stock Name POS  
    Date Announced29 Jan 2014  
    CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Reference NoPM-140129-BE94D

    Particulars of substantial Securities Holder

    NameKumpulan Wang Persaraan (Diperbadankan) ("KWAP")
    AddressAras 4,5 & 6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang, 55100 Kuala Lumpur
    NRIC/Passport No/Company No.KWAPACT6622007
    Nationality/Country of incorporationMalaysia
    Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
    Name & address of registered holderKumpulan Wang Persaraan (Diperbadankan)
    Aras 4,5 & 6, Menara Yayasan Tun Razak
    200, Jalan Bukit Bintang
    55100 Kuala Lumpur

    Details of changes

    Currency: Malaysian Ringgit (MYR)

    Type of transactionDate of change
    No of securities
    Price Transacted (RM)
    Acquired22/01/2014
    53,800
     
    Acquired22/01/2014
    300,200
     

    Circumstances by reason of which change has occurred(1) Purchase of shares in open market by KWAP-300,200 shares
    (2) Purchase of shares in open market by KWAP's Fund Manager-53,800 shares
    Nature of interestDirect and Indirect
    Direct (units)20,660,800 
    Direct (%)3.85 
    Indirect/deemed interest (units)9,052,500 
    Indirect/deemed interest (%)1.68 
    Total no of securities after change29,713,300
    Date of notice28/01/2014

    Remarks :
    The total number of 29,713,300 shares held as at 23 January 2014 were as follows:

    1) KWAP (direct)- 20,660,800 shares

    2) Fund Managers (indirect) - 9,052,500 shares

    The Form 29B dated 28 January 2014 was received by the Company on 29 January 2014.


    POS - 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 NamePOS MALAYSIA BERHAD  
    Stock Name POS  
    Date Announced29 Jan 2014  
    CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Reference NoPM-140129-2BD4E

    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 RM0.50 each
    Name & address of registered holder1. Aberdeen Asset Management PLC ("Aberdeen") and its subsidiaries
    10, Queen's Terrace Aberdeen, AB10 1YG, Scotland.

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

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

    4. 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)
    Disposed23/01/2014
    2,600
     

    Circumstances by reason of which change has occurredDisposed by Morgan Stanley Group

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

    1) MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Group, holding more than 15% in Aberdeen.

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

    3) MUFG's holding more than 15% interest in shares of Morgan Stanley Group.

    4) MUFG's wholly-owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holding 15% in AMP.
    Nature of interestIndirect
    Direct (units) 
    Direct (%) 
    Indirect/deemed interest (units)53,647,224 
    Indirect/deemed interest (%)9.99 
    Total no of securities after change53,647,224
    Date of notice28/01/2014

    Remarks :
    The total number of 53,647,224 shares are held as follows:

    1) 52,900,800 shares are registered in the name of Aberdeen Asset Management PLC and its subsidiaries.

    2) 335,000 shares are registered in the name of KOKUSAI Asset Management Co., Ltd

    3) 194,724 shares are registered in the name of Morgan Stanley & Co. International plc.

    4) 216,700 shares are registered in the name of AMP Capital Holdings Limited ("AMP") and its subsidiaries.

    The Form 29B dated 28 January 2014 was received by the Company on 29 January 2014.


    AHP - Quarterly rpt on consolidated results for the financial period ended 31/12/2013

    Announcement Type: Financial Results
    Company NameAMANAH HARTA TANAH PNB  
    Stock Name AHP  
    Date Announced29 Jan 2014  
    CategoryFinancial Results
    Reference NoAH-140121-39469

    Financial Year End31/12/2013
    Quarter4
    Quarterly report for the financial period ended31/12/2013
    The figureshave not been audited

    Attachments

    AHP Quarter- 31122013.pdf
    133 KB

    • Default Currency
    • Other Currency

    Currency: Malaysian Ringgit (MYR)

    SUMMARY OF KEY FINANCIAL INFORMATION
    31/12/2013

     
    INDIVIDUAL PERIOD
    CUMULATIVE PERIOD
    CURRENT YEAR QUARTER
    PRECEDING YEAR
    CORRESPONDING
    QUARTER
    CURRENT YEAR TO DATE
    PRECEDING YEAR
    CORRESPONDING
    PERIOD
    31/12/2013
    31/12/2012
    31/12/2013
    31/12/2012
    $$'000
    $$'000
    $$'000
    $$'000
    1Revenue
    2,943
    6,208
    13,822
    17,939
    2Profit/(loss) before tax
    987
    4,154
    5,961
    10,324
    3Profit/(loss) for the period
    987
    4,154
    5,961
    10,324
    4Profit/(loss) attributable to ordinary equity holders of the parent
    987
    4,154
    5,961
    10,324
    5Basic earnings/(loss) per share (Subunit)
    0.99
    4.15
    5.96
    10.32
    6Proposed/Declared dividend per share (Subunit)
    3.70
    3.70
    7.40
    7.40


    AS AT END OF CURRENT QUARTER
    AS AT PRECEDING FINANCIAL YEAR END
    7
    Net assets per share attributable to ordinary equity holders of the parent ($$)
    1.5795
    1.5939
    Definition of Subunit:

    In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
    Example for the subunit as follows:

    CountryBase UnitSubunit
    MalaysiaRinggitSen
    United StatesDollarCent
    United KingdomPoundPence


    AHP - OTHERS REVALUATION OF REAL ESTATES (ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.43(1)(e) OF THE LISTING REQUIREMENTS)

    Announcement Type: General Announcement
    Company NameAMANAH HARTA TANAH PNB  
    Stock Name AHP  
    Date Announced29 Jan 2014  
    CategoryGeneral Announcement
    Reference NoAH-140116-8AE90

    TypeAnnouncement
    SubjectOTHERS
    DescriptionREVALUATION OF REAL ESTATES (ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.43(1)(e) OF THE LISTING REQUIREMENTS)

    Pelaburan Hartanah Nasional Berhad (PHNB), as the Manager of Amanah Harta Tanah PNB (AHP), is pleased to announce that a revaluation of all eight (8) real estates in the portfolio of AHP (hereinafter referred to as "Revaluation") have been carried out during the financial year ending 31 December 2013 as an update to the earlier revaluation in 2011. The Revaluation was carried out by the same independent firm of professional valuers who did the earlier revaluation in 2011.

    The details of the Revaluation are as per attachment below.

    This announcement is dated 29 January 2014.



    AHP - Income Distribution

    Announcement Type: Entitlements (Notice of Book Closure)
    Company NameAMANAH HARTA TANAH PNB  
    Stock Name AHP  
    Date Announced29 Jan 2014  
    CategoryEntitlements (Notice of Book Closure)
    Reference NoAH-140116-12FF4

    EX-date18/02/2014
    Entitlement date20/02/2014
    Entitlement time05:00:00 PM
    Entitlement subjectIncome Distribution
    Entitlement descriptionFinal income distribution of 3.70 sen a unit, tax exempt at Trust level, for the year ended 31 December 2013.
    Period of interest payment01/07/2013 to 31/12/2013
    Financial Year End31/12/2013
    Share transfer book & register of members will be 21/02/2014 to 24/02/2014 closed from (both dates inclusive) for the purpose of determining the entitlements
    Registrar's name ,address, telephone noSYMPHONY SHARE REGISTRARS SDN. BERHAD
    LEVEL 6, SYMPHONY HOUSE
    PUSAT DAGANGAN DANA 1
    JALAN PJU 1A/46
    47301 PETALING JAYA

    TEL: 03-78418000
    Payment date 28/02/2014
    a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers20/02/2014 
    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 indicatorCurrency
    CurrencyMalaysian Ringgit (MYR)
    Entitlement in Currency0.037

    Remarks :
    Final income distribution for the year ended 31 December 2013.


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