SHELL - OTHERS SHELL REFINING COMPANY (FEDERATION OF MALAYA) BERHAD ("SRC" or "the Company") Changes in the Composition of the Nominating Committee and Remuneration Committee
| Company Name | SHELL REFINING COMPANY (FEDERATION OF MALAYA) BERHAD |
| Stock Name | SHELL |
| Date Announced | 26 Feb 2014 |
| Category | General Announcement |
| Reference No | CC-140226-1BED0 |
| Type | Announcement |
| Subject | OTHERS |
| Description | SHELL REFINING COMPANY (FEDERATION OF MALAYA) BERHAD ("SRC" or "the Company") Changes in the Composition of the Nominating Committee and Remuneration Committee |
The Board of Directors of SRC wishes to announce that Dato' Seri Talaat bin Haji Husain ("Dato' Seri Talaat") has been appointed as Chairman of the Nominating Committee of SRC in place of Datuk Zainun Aishah binti Ahmad ("Datuk Zainun") and Datuk Zainun has been appointed as Chairman of the Remuneration Committee of SRC in place of Dato' Seri Talaat with effect from 26 February 2014. The composition of the Nominating Committee and Remuneration Committee after the above changes shall constitute as follows:- Nominating Committee 1) Dato' Seri Talaat bin Haji Husain - Chairman (Senior Independent and Non-Executive Director) Remuneration Committee 1) Datuk Zainun Aishah binti Ahmad - Chairman (Independent and Non-Executive Director); This announcement is dated 26 February 2014. | |
SHELL - Quarterly rpt on consolidated results for the financial period ended 31/12/2013
| Company Name | SHELL REFINING COMPANY (FEDERATION OF MALAYA) BERHAD |
| Stock Name | SHELL |
| Date Announced | 26 Feb 2014 |
| Category | Financial Results |
| Reference No | CC-140223-221D1 |
| Financial Year End | 31/12/2013 |
| Quarter | 4 |
| Quarterly report for the financial period ended | 31/12/2013 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/12/2013 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 3,756,646 | 3,897,528 | 14,696,086 | 15,086,427 |
| 2 | Profit/(loss) before tax | -65,833 | 5,110 | -223,336 | -121,585 |
| 3 | Profit/(loss) for the period | -35,921 | 6,349 | -155,983 | -94,660 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 0 | 0 | 0 | 0 |
| 5 | Basic earnings/(loss) per share (Subunit) | -11.97 | 2.12 | -51.99 | -31.55 |
| 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
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 ($$) | 5.0446 | 5.6825 | ||
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:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
SHELL - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RECURRENT RELATED PARTY TRANSACTIONS
| Company Name | SHELL REFINING COMPANY (FEDERATION OF MALAYA) BERHAD |
| Stock Name | SHELL |
| Date Announced | 26 Feb 2014 |
| Category | General Announcement |
| Reference No | CC-140223-12E9B |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RECURRENT RELATED PARTY TRANSACTIONS |
| Description | SHELL REFINING COMPANY (FEDERATION OF MALAYA) BERHAD ("the Company") - Proposed Renewal of the Existing Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature |
The Board of Directors of the Company is pleased to announce that the Company proposes to seek the approval from its shareholders, at the Company's forthcoming Fifty Fifth (55th) Annual General Meeting to be convened at a date to be decided, for the Renewal of the Existing Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature entered into by the Company. The Circular to Shareholders containing the details of the above will be despatched to the shareholders of the Company together with the Company's 2013 Annual Report in due course. This announcement is dated 26 February 2014. | |
SHELL - Change in Audit Committee
| Company Name | SHELL REFINING COMPANY (FEDERATION OF MALAYA) BERHAD |
| Stock Name | SHELL |
| Date Announced | 26 Feb 2014 |
| Category | Change in Audit Committee |
| Reference No | CC-140226-0E4AE |
| Date of change | 26/02/2014 |
| Name | Chew Seng Heng |
| Age | 47 |
| Nationality | Malaysian |
| Type of change | Resignation |
| Designation | Member of Audit Committee |
| Directorate | Non Independent & Non Executive |
| Qualifications | Mr Chew graduated with BA (Hons.) in Accounting from University of Malaya in 1991 and is a member of the Malaysian Institute of Accountants, RA (since 1993). |
| Working experience and occupation | Mr Chew Seng Heng ("Mr Chew") joined Shell Malaysia immediately after his graduation, serving as Treasury Executive at the begining of his career before working his way up to Chief Operating Officer of ATRACC Sdn Bhd (Shell Shared Services) in 2000. Mr Chew also served as the Controller of Sarawak Shell Bhd ("SSB") and Sabah Shell Petroleum Co Ltd ("SSPCL") and took charge as Asia Pacific Regional Financial Reporting Lead from 2003 to 2006. On 1 September 2011, Mr Chew was appointed as the Finance Director of Shell Malaysia. |
| Directorship of public companies (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | Mr Chew has no family relationship with any of the Directors and/or the Major Shareholders of Shell Refining Company (Federation of Malaya) Berhad ("the Company") |
| Any conflict of interests that he/she has with the listed issuer | Mr Chew has no conflict of interest with the Company and has never been charged for any offence. |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Composition of Audit Committee (Name and Directorate of members after change) | 1) Dato' Saw Choo Boon- Chairman (Independent & Non Executive Director) 2) Dato' Seri Talaat Bin Haji Husain- Member (Senior Independent & Non- Executive Director) 3) Datuk Zainun Aishah Binti Ahmad- Member (Independent & Non- Executive Director) 4) Mr Lau Nai Pek- Member (Independent & Non- Executive Director |
SHELL - Change in Audit Committee
| Company Name | SHELL REFINING COMPANY (FEDERATION OF MALAYA) BERHAD |
| Stock Name | SHELL |
| Date Announced | 26 Feb 2014 |
| Category | Change in Audit Committee |
| Reference No | CC-140223-17D77 |
| Date of change | 26/02/2014 |
| Name | Dato' Saw Choo Boon |
| Age | 67 |
| Nationality | Malaysian |
| Type of change | Redesignation |
| Previous Position | Member of Audit Committee |
| New Position | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Dato' Saw Choo Boon ("Dato' Saw") holds a Bachelor of Science (Hons) in Chemistry from University of Malaya. |
| Working experience and occupation | Dato' Saw began his career with Shell companies as a Refinery Technologist in 1970. In 1996, he was appointed as Managing Director of Shell MDS (Malaysia) Sdn Bhd and assumed that position for Oil Products (Downstream) Shell Malaysia from 1998 to 1999. In 1999, Dato' Saw was appointed as the Vice President of the Commercial business in Asia Pacific region and became the President of Shell Oil Products East in 2004. In 2005, he managed Shell's global marine business. In addition, Dato' Saw serves on the Government's Public- Private Sector Special Task Force on Facilitating Business ("PEMUDAH"), Federation of Malaysian Manufacturers ("FMM") Council and the Socio- Economic Research Centre ("SERC") Board of the Associated Chinese Chambers of Commerce and Industry Malaysia. |
| Directorship of public companies (if any) | a) RHB Capital Berhad b) RHB Investment Bank Berhad c) Digi. Com. Berhad d) Guinness Anchor Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | Dato' Saw has no family relationship with any of the Directors and/or the Major Shareholders of Shell Refining Company (Federation of Malaya) Berhad ("the Company"). |
| Any conflict of interests that he/she has with the listed issuer | Dato' Saw has no conflict of interest with the Company and has never been charged for any offence. |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Composition of Audit Committee (Name and Directorate of members after change) | 1) Dato' Saw Choo Boon - Chairman (Independent and Non- Executive Director) 2) Dato' Seri Talaat bin Haji Husain - Member (Senior Independent and Non- Executive Director) 3) Datuk Zainun Aishah binti Ahmad - Member (Independent and Non- Executive Director) 4) Mr Lau Nai Pek - Member (Independent and Non- Executive Director) |
SHELL - Change in Boardroom
| Company Name | SHELL REFINING COMPANY (FEDERATION OF MALAYA) BERHAD |
| Stock Name | SHELL |
| Date Announced | 26 Feb 2014 |
| Category | Change in Boardroom |
| Reference No | CC-140223-1C1D2 |
| Date of change | 26/02/2014 |
| Name | David Lau Nai Pek |
| Age | 61 |
| Nationality | Malaysian |
| Type of change | Redesignation |
| Previous Position | Non-Executive Director |
| New Position | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Qualifications | Mr. David Lau Nai Pek ("Mr Lau") holds a Bachelor of Commerce degree from the University of Canterbury, New Zealand. He is a member of the Malaysian Institute of Accountants and also a member of the New Zealand Institute of Chartered Accountants. |
| Working experience and occupation | Mr Lau retired from Shell Malaysia in August 2011 after serving the Shell Group for 30 years in various locations and business segments of the Group. He was appointed as a Director of Shell Refining Company (Federation of Malaya) Berhad on 8 May 2009. Mr. Lau had led financial organisations in various locations in Australia, Brunei, China, Malaysia, New Zealand, the Netherlands and the United Kingdom. His major assignments include the Finance Director for Shell Malaysia, Finance Director for Shell China, Global Controller for the Exploration & Production business sector of Shell, Vice- President Finance for Shell International Exploration and Production B.v., the Netherlands. Mr Lau is currently also on the board of 3 other non-listed companies within the Axiata Group. He is also a member of the Investment Panel of the Malaysian Employees Provident Fund. |
| Directorship of public companies (if any) | a) Axiata Group Berhad b) Malaysian Airline System Bhd c) KKB Engineering Bhd d) Celcom Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | Mr Lau has no family relationship with any of the Directors and/or the Major Shareholders of Shell Refining Company (Federation of Malaya) Berhad ("the Company"). |
| Any conflict of interests that he/she has with the listed issuer | Mr Lau has no conflict of interest with the Company and has never been charged for any offence. |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
SHELL - Change in Boardroom
| Company Name | SHELL REFINING COMPANY (FEDERATION OF MALAYA) BERHAD |
| Stock Name | SHELL |
| Date Announced | 26 Feb 2014 |
| Category | Change in Boardroom |
| Reference No | CC-140226-025ED |
| Date of change | 26/02/2014 |
| Name | Chew Seng Heng |
| Age | 47 |
| Nationality | Malaysian |
| Designation | Non-Executive Director |
| Directorate | Non Independent & Non Executive |
| Type of change | Resignation |
| Reason | To pursue other opportunities |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of the shareholders | No |
| Qualifications | Mr Chew Seng Heng ("Mr Chew") graduated with BA (Hons.) in Accounting from University of Malaya in 1991 and is a member of the Malaysian Institute of Accountants, RA (since 1993). |
| Working experience and occupation | Mr Chew joined Shell Malaysia immediately after his graduation, serving as Treasury Executive at the begining of his career before working his way up to Chief Operating Officer of ATRACC Sdn Bhd (Shell Shared Services) in 2000. Mr Chew also served as Controller of Sarawak Shell Bhd ("SSB") and Sabah Shell Petroleum Co Ltd ("SSPCL") and took charge of Asia Pacific Regional Financial reporting Lead from 2003 to 2006. On 1 September 2011, Mr Chew was appointed as the Finance Director of Shell Malaysia |
| Directorship of public companies (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | Mr Chew has no family relationship with any of the Directors and/or the Major Shareholders of Shell Refining Company (Federation of Malaya) Berhad ("the Company"). |
| Any conflict of interests that he/she has with the listed issuer | Mr Chew has no conflict of interest with the Company and has never been charged for any offence. |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
TCHONG - OTHERS Valuation of Non-Current Assets
| Company Name | TAN CHONG MOTOR HOLDINGS BERHAD |
| Stock Name | TCHONG |
| Date Announced | 26 Feb 2014 |
| Category | General Announcement |
| Reference No | TC-140225-46440 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Valuation of Non-Current Assets |
1. INTRODUCTION Pursuant to Paragraph 9.19(46) and Part H of Appendix 9A of the Main Market Listing Requirements, the Board of Directors of Tan Chong Motor Holdings Berhad (“TCMH” or "the Company") wishes to announce that the Company has carried out a revaluation exercise on the Company’s and its subsidiaries’ (“the Group”) property, plant and equipment and investment properties which consist of buildings, leasehold land and freehold land situated in Malaysia, Vietnam and Laos (“Properties”). The Board of TCMH had on 26th February 2014 approved the incorporation of the revaluation surplus, net of deferred tax, of RM620.4 million in the consolidated financial statements of TCMH for the financial year ended 31st December 2013. 2. PURPOSE OF REVALUATION The purpose of the valuation is to reflect the fair value of the Properties in compliance with Malaysian Financial Reporting Standard (“MFRS”) 116: Property, Plant and Equipment and MFRS 140: Investment Property. 3. REVALUATION SURPLUS, NAME OF VALUER, DATE OF VALUATION AND VALUATION ON PROPERTIES BY VALUER The valuation of the properties situated in Malaysia was conducted by Rahim & Co Chartered Surveyors Sdn. Bhd., whilst the valuation of properties situated in Vietnam and Laos was conducted by Agency for Real Estate Affairs. Please refer to Table A attached below for the details. 4. EFFECT OF THE REVALUATION SURPLUS ON NET ASSETS PER SHARE The recognition of the revaluation surplus, net of deferred tax, of RM620.4 million has resulted in an increase in net assets per share as at 31st December 2013 by RM0.95. 5. DOCUMENTS FOR INSPECTION The valuation reports on the Properties are available for inspection at the registered office of TCMH at 62-68, Jalan Ipoh, 51200 Kuala Lumpur, during normal business hours for a period of three (3) months from the date of this announcement. This announcement is dated 26th February 2014.
| |
TCHONG - Quarterly rpt on consolidated results for the financial period ended 31/12/2013
| Company Name | TAN CHONG MOTOR HOLDINGS BERHAD |
| Stock Name | TCHONG |
| Date Announced | 26 Feb 2014 |
| Category | Financial Results |
| Reference No | TC-140224-54240 |
| Financial Year End | 31/12/2013 |
| Quarter | 4 |
| Quarterly report for the financial period ended | 31/12/2013 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/12/2013 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 1,353,749 | 1,180,900 | 5,198,491 | 4,087,883 |
| 2 | Profit/(loss) before tax | 95,710 | 74,568 | 360,122 | 225,351 |
| 3 | Profit/(loss) for the period | 67,284 | 56,128 | 235,627 | 162,352 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 67,839 | 57,217 | 250,952 | 164,659 |
| 5 | Basic earnings/(loss) per share (Subunit) | 10.39 | 8.76 | 38.44 | 25.22 |
| 6 | Proposed/Declared dividend per share (Subunit) | 6.00 | 6.00 | 21.00 | 12.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 4.1500 | 3.0100 | ||
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:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
TCHONG - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RECURRENT RELATED PARTY TRANSACTIONS
| Company Name | TAN CHONG MOTOR HOLDINGS BERHAD |
| Stock Name | TCHONG |
| Date Announced | 26 Feb 2014 |
| Category | General Announcement |
| Reference No | TC-140225-43700 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RECURRENT RELATED PARTY TRANSACTIONS |
| Description | Recurrent Related Party Transactions of a Revenue or Trading Nature |
Tan Chong Motor Holdings Berhad (“TCMH” or “the Company”) had at the 41st Annual General Meeting of the Company held on 22 May 2013 obtained a shareholders’ mandate to allow TCMH and its subsidiaries (“TCMH Group”) to enter into recurrent related party transactions of a revenue or trading nature (“RRPTs”) with Auto Dunia Sdn Bhd (“ADSB”) in respect of, among others, sale and purchase of motor vehicles. In accordance with paragraph 10.09(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company informs that the actual value of the RRPTs entered into by TCMH Group with ADSB has exceeded by more than 10% of the estimated value disclosed in the Circular to shareholders dated 30 April 2013 as set out in Table 1 below. This announcement is dated 26 February 2014. | |
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