January 23, 2014

Company announcements: OSKPROP, AXIATA, DIGI, SAMUDRA, SUCCESS, EMETALL, DIALOG, HEXAGON, NOMAD

OSKPROP - Changes in Director's Interest (S135) - Tan Sri Ong Leong Huat @ Wong Joo Hwa

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameOSK PROPERTY HOLDINGS BERHAD  
Stock Name OSKPROP  
Date Announced23 Jan 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-140123-88E1A

Information Compiled By KLSE

Particulars of Director

NameTan Sri Ong Leong Huat @ Wong Joo Hwa
Address21, Pesiaran Basong, Damansara Heights, 50490 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary Shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
19/11/2013
22,000
1.360 
Acquired
16/12/2013
30,000
1.349 
Acquired
18/12/2013
28,500
1.349 
Acquired
26/12/2013
32,800
1.360 
Acquired
27/12/2013
25,900
1.350 
Acquired
06/01/2014
65,000
1.379 
Acquired
08/01/2014
25,000
1.480 

Circumstances by reason of which change has occurredAcquisition of shares through open market by Ong Ju Xing
Nature of interestIndirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)67,337,610 
Direct (%)28 
Indirect/deemed interest (units)110,170,791 
Indirect/deemed interest (%)45.8 
Date of notice23/01/2014

Remarks :
The direct and indirect interests of Tan Sri Ong Leong Huat @ Wong Joo Hwa are as follows:-

Direct interest
Tan Sri Ong Leong Huat @ Wong Joo Hwa - 65,337,610
Maybank Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ong Leong Huat @ Wong Joo Hwa - 2,000,000

Indirect interest
Land Management Sdn. Bhd. - 2,029,437
Maybank Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Land Management Sdn. Bhd. - 98,000,000
(Deemed interested pursuant to Section 6A of the Companies Act, 1965)

Ong Ju Xing - 5,304,145
RHB Nominees (Tempatan) Sdn. Bhd. AN for Ong Ju Xing - 10,636
RHB Nominees (Tempatan) Sdn. Bhd. for Ong Ju Xing - 229,200
Ong Yee Ching - 395,744
Ong Yee Min - 899,625
Ong Yin Suen - 2,621,477
Ong Ju Yan - 680,527
(Deemed interested by virtue of his children's shareholdings in the Company)

The above announcement is also made to comply with Paragraph 14.09 of the Bursa Malaysia Securities Berhad Main Market Listing Requirements.


AXIATA - 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 NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced23 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-140123-E4077

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) Employees Provident Fund Board ("EPF Board")

Ibu Pejabat KWSP, Bangunan KWSP

Jalan Raja Laut, 50350 Kuala Lumpur



2) Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") EPF Board

3) Citigroup EPF Board (AMUNDI)

4) Citigroup EPF Board (KIB)

5) Citigroup EPF Board (HDBS)

6) Citigroup EPF Board (RHB INV)

7) Citigroup EPF Board (AM INV)

8) Citigroup EPF Board (MAYBAN)

9) Citigroup EPF Board (KAF FM)

10) Citigroup EPF Board (NOMURA)

11) Citigroup EPF Board (CIMB PRI)

12) Citigroup EPF Board (ARIM)

13) Citigroup EPF Board (TEMPLETON)

14) Citigroup EPF Board (ABERDEEN)



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)
Disposed16/01/2014
828,600
 

Circumstances by reason of which change has occurredCitigroup EPF Board - Disposal of 828,600 shares
Nature of interestDirect
Direct (units)1,092,969,006 
Direct (%)12.8 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change1,092,969,006
Date of notice20/01/2014

Remarks :
1) The total number of 1,092,969,006 ordinary shares comprised of the following:-



a) Citigroup EPF Board - 990,488,306

b) EPF Board - 3,332,900

c) Citigroup EPF Board (AMUNDI) - 2,581,250

d) Citigroup EPF Board (KIB) - 830,000

e) Citigroup EPF Board (HDBS) - 10,919,375

f) Citigroup EPF Board (RHB INV) - 3,000,000

g) Citigroup EPF Board (AM INV) - 8,222,650

h) Citigroup EPF Board (MAYBAN) - 1,600,000

i) Citigroup EPF Board (KAF FM) - 1,600,000

j) Citigroup EPF Board (NOMURA) - 41,921,300

k) Citigroup EPF Board (CIMB PRI) - 16,515,025

l) Citigroup EPF Board (ARIM) - 2,850,000

m) Citigroup EPF Board (TEMPLETON) - 3,408,200

n) Citigroup EPF Board (ABERDEEN) - 5,700,000



2) Form 29B received on 22 January 2014


AXIATA - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced23 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-140123-E0EAB

Particulars of substantial Securities Holder

NameAmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera
AddressTingkat 4, Balai PNB
201-A, Jalan Tun Razak
50400 Kuala Lumpu
NRIC/Passport No/Company No.766894-T
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderAmanahRaya Trustees Berhad -Skim Amanah Saham Bumiputera
Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired16/01/2014
1,000,000
 

Circumstances by reason of which change has occurredAcquisition of 1,000,000 shares by AmanahRaya Trustees Berhad-Skim Amanah Saham Bumiputera
Nature of interestDirect
Direct (units)787,144,100 
Direct (%)9.22 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change787,144,100
Date of notice16/01/2014

Remarks :
Form 29B received on 22 January 2014


DIGI - 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 NameDIGI.COM BERHAD  
Stock Name DIGI  
Date Announced23 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140123-944C3

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 incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.01 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd - 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)
Disposed20/01/2014
1,353,900
 

Circumstances by reason of which change has occurredDisposed
Nature of interestDirect
Direct (units)1,116,934,440 
Direct (%)14.37 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change1,116,934,440
Date of notice21/01/2014

Remarks :
The total number of 1,116,934,440 Ordinary Shares of RM0.01 each are held as follows:-


1) 1,008,458,750 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board;

2) 14,791,000 Ordinary Shares of RM0.01 each are registered in the name of Employees Provident Fund Board;

3) 5,500,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI);
4) 2,070,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KIB);

5) 4,500,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (HDBS);

6) 2,200,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (RHB INV);

7) 9,187,500 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AM INV);
8) 950,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (MAYBAN);
9) 2,300,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KAF FM);

10) 31,310,890 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA);
11) 24,318,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI);

12) 2,400,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM);
13) 2,548,300 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON); and

14) 6,400,000 Ordinary Shares of RM0.01 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN).



The Form 29B was received by the Company on 23 January 2014.


SAMUDRA - OTHERS KEJURUTERAAN SAMUDRA TIMUR BERHAD (KSTB) - AWARD OF CONTRACT TO KSTB - PROVISION OF TUBULAR HANDLING EQUIPMENT AND SERVICES FOR JX NIPPON OIL & GAS EXPLORATION (MALAYSIA) LIMITED

Announcement Type: General Announcement
Company NameKEJURUTERAAN SAMUDRA TIMUR BERHAD  
Stock Name SAMUDRA  
Date Announced23 Jan 2014  
CategoryGeneral Announcement
Reference NoCS-140123-9D99C

TypeAnnouncement
SubjectOTHERS
DescriptionKEJURUTERAAN SAMUDRA TIMUR BERHAD (KSTB) - AWARD OF CONTRACT TO KSTB - PROVISION OF TUBULAR HANDLING EQUIPMENT AND SERVICES FOR JX NIPPON OIL & GAS EXPLORATION (MALAYSIA) LIMITED
1. INTRODUCTION
    The Board of KSTB is pleased to announce that KSTB had been awarded a contract by JX Nippon Oil & Gas Exploration (Malaysia) Limited (“Nippon”) for the provision of tubular handling equipment and services for Nippon (“the Contract”) on 14 November 2013.

2. DURATION OF CONTRACT
    The Contract shall be effective and valid for a period of five (5) years from 15 November 2013.
3. VALUE OF CONTRACT
    There is no indication on the value of the Contract awarded by Nippon as the value for such services depends on the demand and activity levels of Nippon and the scope of services rendered by KSTB during the duration of the Contract.

4. RISK FACTORS
    Risk factors affecting the Contract include but are not limited to execution risks such as availability of skilled manpower and material, changes in the price of materials, and changes in economic, business and political conditions. KSTB will undertake all necessary efforts to mitigate the various risk factors identified.

5. FINANCIAL EFFECTS
    The Contract is not expected to have a material effect on the net assets and gearing of KSTB for the financial year ending 30 June 2014. The Contract is expected to contribute positively to the earnings and earnings per share of KSTB Group for the financial year ending 30 June 2014.
6. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST
    None of the directors or major shareholders of KSTB or persons connected to them have any interest, direct and indirect, in the Contract.
7. DIRECTORS’ STATEMENT
    The Board of Directors of KSTB is of the opinion that the acceptance of the Contract is in the best interest of the Company.

KTSB has received written consent from Nippon for the release of this announcement in relation to the Contract on 23 January 2014.

This announcement is dated 23 January 2014.


SUCCESS - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameSUCCESS TRANSFORMER CORPORATION BERHAD  
Stock Name SUCCESS  
Date Announced23 Jan 2014  
CategoryGeneral Announcement
Reference NoCM-140110-65743

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionIn compliance with Paragraph 14.08 of Chapter 14 of the Listing Requirements of Bursa Malaysia Securities Berhad, STC wishes to announce that it has received notification from the following Directors and/or principal officer of the Company of their intention to deal in securities of the Company during the closed period for the Company's upcoming announcement of the Fourth Quarterly Results for the period ended 31 December 2013.

Please refer to the Table section for the name and current interest of the Directors in the Company.



Name

Direct Interest

Indirect Interest

No. of Ordinary Shares of RM0.50 each held

Percentage of shareholding (%)

No. of Ordinary Shares of RM0.50 each held

Percentage of shareholding (%)

Tan Ah Bah @ Tan Ah Ping (Director)

100,450

*0.09

54,151,864

*46.42

Woh Way Cheang (Director)

116,235

*0.10

-

-

Pan Kim Foon (f) (Director)

100,450

*0.09

54,151,864

*46.42

Chiam Tau Meng (Director)

-

-

-

-

Liew G Hoe @

Liew Chee Hoe (Director)

30,750

*0.03

-

-

Yeoh Kim Wah (Director)

530,750

*0.45

-

-

Wong Poh Chee (f) (Director)

-

-

17,540,250

*15.03

Tan Chung Ling (f) (Alternate Director to Pan Kim Foon (f))

77,490

*0.07

54,174,824

*46.44


*The percentage of interest is determined based on the issued and paid-up capital of the Company after excluding a total of 3,335,777 shares purchased by the Company and retained as treasury shares as at the date of this notice.

This announcement is dated 23 January 2014.



EMETALL - Changes in Director's Interest (S135) - Tan Sri Dato' Mohd Desa bin Pachi

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameEONMETALL GROUP BERHAD  
Stock Name EMETALL  
Date Announced23 Jan 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140122-0150E

Information Compiled By KLSE

Particulars of Director

NameTan Sri Dato' Mohd Desa bin Pachi
AddressNo. 10, Jalan PJU 1A/26
Ara Damansara
47301 Petaling Jaya
Selangor Darul Ehsan
Descriptions(Class & nominal value)Ordinary shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
20/01/2014
100
0.320 
Others
21/01/2014
87,900
0.320 

Description of other type of transaction1. Via son's disposal of 100 ordinary shares (#) through open market on 20/01/2014.



2. Via son's disposal of 87,900 ordinary shares (approximately 0.052% of the total paid up capital) through open market on 21/01/2014.
Circumstances by reason of which change has occurred1. Via son's disposal of 100 ordinary shares (#) through open market on 20/01/2014.

2. Via son's disposal of 87,900 ordinary shares (approximately 0.052% of the total paid up capital) through open market on 21/01/2014.

Note (#) : negligible
Nature of interestDeemed interest
Consideration (if any) 

Total no of securities after change

Direct (units)630,000 
Direct (%)0.373 
Indirect/deemed interest (units)1,182,900 
Indirect/deemed interest (%)0.701 
Date of notice23/01/2014

Remarks :
1. This announcement serves as an announcement pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements for dealing outside closed period.
2. This notice was received on 23 January 2014.
3. Total issued and paid-up share capital is 168,657,000 ordinary shares of RM0.50 each, excluding 2,514,000 treasury shares.


DIALOG - 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 NameDIALOG GROUP BERHAD  
Stock Name DIALOG  
Date Announced23 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoDG-140123-816C8

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 RM0.10 each
Name & address of registered holderCitigroup 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)
Disposed20/01/2014
623,000
 
Acquired20/01/2014
2,544,900
 

Circumstances by reason of which change has occurredPurchase and Disposal of shares.
Nature of interestDirect
Direct (units)325,961,435 
Direct (%)13.42 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change325,961,435
Date of notice23/01/2014

Remarks :
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Disposed 623,000 shares) - 275,773,494 shares
Employees Provident Fund Board - 1,500,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (KIB) - 465,054 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (HDBS) - 7,829,700 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (CIMB PRI) (Acquired 1,544,900 shares) - 11,990,367 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) - 11,685,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA) (Acquired 1,000,000 shares) - 13,487,820 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ARIM) - 2,600,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (MAYBAN) - 630,000 shares


Total No. of shares - 325,961,435 shares


HEXAGON - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameHEXAGON HOLDINGS BHD  
Stock Name HEXAGON  
Date Announced23 Jan 2014  
CategoryGeneral Announcement
Reference NoCM-140123-62911

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionHEXAGON HOLDINGS BERHAD (“HHB” or “Defendant”) Writ of Summon and Statement of Claim by JCL Credit Leasing Sdn Bhd (f.k.a. Jerneh Credit Leasing Sdn Bhd (“JCL” or “Plaintiff”)

Further to the announcements made on 25 October 2013, 12 November 2013, 2 December 2013 and 20 December 2013 and also the Case Management held on 28 November 2013, 19 December 2013, 30 December 2013 and 23 January 2014, the Board of Directors of HHB wishes to announce that the Learned Sessions Court Judge allowed the Plaintiff's Application for Summary Judgment on the following terms:-

1. That the Defendant do pay to the Plaintiff the sum of RM878,218.02 due and outstanding as at 18 October 2013;

2. The Interest at the rate of 7.14% per annum calculated on daily basis from 19 October 2013 until the date of full payment;

3. Costs of RM4,000.00 to be paid by the Defendant to the Plaintiff.

The Board further wishes to advise that the Company is currently seeking legal advice as regards to the merit of filing an appeal against the decision of the High Court.

Further announcement on the material development of the above matter will be made in due course.

This announcement is dated 23 January 2014.



NOMAD - THE NOMAD GROUP BHD(“TNGB” or "the Company") PROPOSED DISPOSAL OF 10,269,001 ORDINARY SHARES AT A NOMINAL VALUE OF RM1.00 EACH WHICH REPRESENTS 30% OF THE TOTAL ISSUED AND PAID-UP CAPITAL IN MALACCA SECURITIES SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM18,484,201.80 OR RM1.80 PER SHARE (“PROPOSED DISPOSAL”)

Announcement Type: General Announcement
Company NameTHE NOMAD GROUP BHD  
Stock Name NOMAD  
Date Announced23 Jan 2014  
CategoryGeneral Announcement
Reference NoCC-140123-80499

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDNM-140120-47122
SubjectTHE NOMAD GROUP BHD(“TNGB” or "the Company")
PROPOSED DISPOSAL OF 10,269,001 ORDINARY SHARES AT A NOMINAL VALUE OF RM1.00 EACH WHICH REPRESENTS 30% OF THE TOTAL ISSUED AND PAID-UP CAPITAL IN MALACCA SECURITIES SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM18,484,201.80 OR RM1.80 PER SHARE (“PROPOSED DISPOSAL”)
DescriptionTHE NOMAD GROUP BHD(“TNGB” or "the Company")
PROPOSED DISPOSAL OF 10,269,001 ORDINARY SHARES AT A NOMINAL VALUE OF RM1.00 EACH WHICH REPRESENTS 30% OF THE TOTAL ISSUED AND PAID-UP CAPITAL IN MALACCA SECURITIES SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM18,484,201.80 OR RM1.80 PER SHARE (“PROPOSED DISPOSAL”)
Query Letter Contents We refer to your announcement dated 16 January 2014 in respect of the above
matter.

In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-

1. The basis of arriving at the disposal consideration other than willing
seller willing buyer. If it was based on net assets, the year the net assets
were taken into consideration, quantifying the net assets and stating whether
it was based on audited financial statements.
2. The breakdown of utilisation of the sale proceeds between working capital
and to fund new investments, including details of the working capital and the
timeframe for full utilisation of the sale proceeds.


Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.


Yours faithfully


TAN YEW ENG
Vice President, Issuers
Listing Division
Regulation

TYE/NMA
c.c.General Manager & Head Market Surveillance Department, Market Oversight
Division,Securities Commission (via fax)

For consistency purposes, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the announcement dated 16 January 2014.

We refer to our announcement dated 16 January 2014 and Bursa Securities query dated 20 January 2014 in relation to the Proposed Disposal. In response to the query, we wish to provide the additional information below for public release.

Query 1:

The basis of arriving at the disposal consideration other than willing seller willing buyer. If it was based on net assets, the year the net assets were taken into consideration, quantifying the net assets and stating whether it was based on audited financial statements.

Reply to Query 1:

Other than on a willing seller-willing buyer basis, the Sale Consideration was determined based on the audited net assets of Malacca Securities as at 31 January 2013 of RM 75.6 million. The Sale Consideration represents 0.81 times of the Company's share of Malacca Securities' net assets.

Query 2:

The breakdown of utilisation of the sale proceeds between working capital and to fund new investments, including details of the working capital and the timeframe for full utilization of the sale proceeds.

Reply to Query 2:

There is no specific amount earmarked for working capital and new investments. Proceeds from the Proposed Disposal will be used to fund new investments as and when such investments are identified. As of to date, no suitable investment has been identified. Since the identification of new investments is an on going exercise, there is no specific time frame set for the utilisation of the proceeds.

This announcement is dated 23 January 2014.



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