February 6, 2014

Company announcements: PPB, KNUSFOR, SILKHLD, BJAUTO, LBS, DIGI, LBICAP, SALCON

PPB - 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 NamePPB GROUP BERHAD  
Stock Name PPB  
Date Announced6 Feb 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPG-140206-50495

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

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired30/01/2014
74,700
 

Circumstances by reason of which change has occurredACQUISITION
Nature of interestDIRECT
Direct (units)82,445,579 
Direct (%)6.95 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change82,445,579
Date of notice06/02/2014


KNUSFOR - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameKNUSFORD BERHAD  
Stock Name KNUSFOR  
Date Announced6 Feb 2014  
CategoryPDF Submission
Reference NoKB-140206-45820

SubjectCIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED NEW ADDITIONAL MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

Attachments

Kusford Circular.pdf
247 KB






SILKHLD - PROVISION OF FINANCIAL ASSISTANCE

Announcement Type: General Announcement
Company NameSILK HOLDINGS BERHAD  
Stock Name SILKHLD  
Date Announced6 Feb 2014  
CategoryGeneral Announcement
Reference NoC&-140205-A6576

TypeAnnouncement
SubjectPROVISION OF FINANCIAL ASSISTANCE
DescriptionACCEPTANCE OF ADDITIONAL FINANCING ARRANGEMENT TOTALING RM55,000,000

1. INTRODUCTION

Further to the announcement made by SILK Holdings Berhad (“SILK”) on 26 December 2013 with regards to the proposed acquisition by Jasa Merin (Malaysia) Sdn. Bhd. (“JMM”), a 70%-owned subsidiary of AQL Aman Sdn. Bhd. (“AQL”) which in turn a wholly-owned subsidiary of SILK of the remaining 49% equity interest held by GMV-Jasa Sdn. Bhd. in JM Global 1 (Labuan) Plc., JM Global 2 (Labuan) Plc., JM Global 3 (Labuan) Plc. And JM Global 4 (Labuan) Plc. (collectively known as Ship Owning Companies (“the SOC”)), the Board of Directors (“Board”) of SILK would like to announce that SILK and AQL had on 5 February 2014 entered into a financing arrangement with Affin Bank Berhad (“Affin Bank”) for additional facilities totaling RM55,000,000.

2. DETAILS OF THE BANKING FACILITIES

Borrower : Jasa Merin (Malaysia) Sdn. Bhd.

Facility : Revolving Credit I

Loan Amount : RM40,000,000.00

Purpose : To part finance at 82% or RM40.0 Million of Jasa Merin’s ‘Call Option’ to purchase the shares of GMV-Jasa Sdn Bhd in the SOC.

Tenure : Until 1 January 2017.

Borrower : Jasa Merin (Malaysia) Sdn. Bhd.

Facility : Revolving Credit II

Loan Amount : RM10,000,000.00

Purpose : To be utilized as working capital.

Tenure : Depends on requirement at time of application.

Borrower : Jasa Merin (Malaysia) Sdn. Bhd.

Facility : Bank Guarantee

Loan Amount : RM5,000,000.00

Purpose : To be issued as Security Deposits, Utilities, Tender Bonds and Performance Bonds in which the issuance is restricted to oil majors. Suppliers Guarantee (capped at RM2.0 Million only) is for suppliers related to JMM’s core business only.

Tenure : In accordance with the underlying contract.

3. SECURITY

i. SILK had on 5 February 2014 entered into separate Corporate Guarantee agreement favouring Affin Bank for a total of RM335,031,440 as security for the facilities granted to JMM totaling RM 55,000,000 above, as well as the outstanding liabilities of existing facilities totaling RM 280,031,440.

ii. The aforesaid Corporate Guarantee is provided by SILK as the ultimate corporate shareholder of JMM.

The provision of the Corporate Guarantee by SILK was upon the request of Affin Bank for the granting of facilities to JMM. As such, the Corporate Guarantee is necessary to facilitate the ordinary course of business of JMM.

In view of the execution of the new Corporate Guaratee, Affin Bank has also agreed to cancel the previous Corporate Guarantee executed by SILK in favour of Affin Bank dated 10 January 2013, that was previously announced by the Company on 30 January 2013.

4. FINANCIAL IMPACT OF THE BORROWING

The acceptance of the facility will not have any material effect on the net assets, earnings per share and has no effect on the share capital and Major Shareholders’ shareholding of the Group for the financial year ending 31 July 2014.

5. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS

None of the Directors or major shareholders or persons connected to the Directors or major shareholders has any direct or indirect interest in the facility.

6. DIRECTORS’ STATEMENT

The Board of SILK is of the opinion the provision of the Corporate Guarantee is in the best interest of SILK Group.

This announcement is dated 6 February 2013.



BJAUTO - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameBERJAYA AUTO BERHAD  
Stock Name BJAUTO  
Date Announced6 Feb 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoBA-140206-B4496

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 proposalEmployees' Shares Option Scheme
No. of shares issued under this corporate proposal266,000
Issue price per share ($$)MYR 0.700
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units805,505,000
CurrencyMYR 402,752,500.000
Listing Date07/02/2014


LBS - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameLBS BINA GROUP BERHAD  
Stock Name LBS  
Date Announced6 Feb 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoLB-140205-24463

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 proposalEmployee Share Option Scheme
No. of shares issued under this corporate proposal10,000
Issue price per share ($$)MYR 1.081
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units479,742,357
CurrencyMYR 479,742,357.000
Listing Date07/02/2014


DIGI - Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameDIGI.COM BERHAD  
Stock Name DIGI  
Date Announced6 Feb 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoCC-140204-734A0

EX-date19/02/2014
Entitlement date21/02/2014
Entitlement time05:00:00 PM
Entitlement subjectInterim Dividend
Entitlement descriptionFourth interim tax exempt (single-tier) dividend of 7.0 sen per ordinary share of 1 sen each for the financial year ended 31 December 2013.
Period of interest payment to
Financial Year End31/12/2013
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
Malaysia
Telephone No.: 603-22643883
Payment date 07/03/2014
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers21/02/2014 
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 Currency0.07


LBICAP - LBICAP-EXERCISE OF 65,000 WARRANTS 2008/2018 ("EXERCISE")

Announcement Type: Listing Circular
Company NameLBI CAPITAL BERHAD  
Stock Name LBICAP  
Date Announced6 Feb 2014  
CategoryListing Circular
Reference NoNE-140206-38518

LISTING'S CIRCULAR NO. L/Q : 69788 OF 2014

Kindly be advised that the abovementioned Company’s additional 65,000 new ordinary shares of RM1.00 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00 a.m., Friday, 7 February 2014.


SALCON - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameSALCON BERHAD  
Stock Name SALCON  
Date Announced6 Feb 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoCK-140205-43167

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 proposalEmployees' Share Option Scheme
No. of shares issued under this corporate proposal67,000
Issue price per share ($$)MYR 0.000
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units609,489,652
CurrencyMYR 304,744,826.000
Listing Date07/02/2014

Remarks :
[Issue price per share ($$): 52,000 shares at RM0.500 and 15,000 shares at RM0.570]


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