AEON - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | AEON CO. (M) BHD |
| Stock Name | AEON |
| Date Announced | 7 Mar 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-140307-C07C3 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | MALAYSIA |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA) Level 42, Menara Citibank 165, Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 03/03/2014 | 13,200 |
| Remarks : |
| The total number of 31,698,700 Ordinary Shares of RM1.00 each are held as follows: 1) 19,651,000 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board 2) 500,000 Ordinary Shares of RM1.00 each are registered in the name of Employees Provident Fund Board 3) 3,598,000 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA) 4) 2,506,900 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI) 5) 64,900 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON) 6) 5,377,900 Ordinary Shares of RM1.00 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 7 March 2014. |
AEON - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc ("MUFG")
| Company Name | AEON CO. (M) BHD |
| Stock Name | AEON |
| Date Announced | 7 Mar 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-140307-9AEAE |
Particulars of substantial Securities Holder
| Name | Mitsubishi UFJ Financial Group, Inc ("MUFG") |
| Address | 7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, 100-8330, Japan |
| NRIC/Passport No/Company No. | NIL |
| Nationality/Country of incorporation | Japan |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | (I) Aberdeen Asset Management PLC ("Aberdeen") and its subsidiaries 10 Queen's Terrace Aberdeen, AB10 1YG Scotland (ii) Morgan Stanley & Co. International Plc ("Morgan Stanley") 25 Cabot Square, Canary Wharf London E14 4QA |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 03/03/2014 | 57,900 | |
| Disposed | 03/03/2014 | 4,500 |
| Remarks : |
| The total number of 70,209,866 Ordinary Shares of RM1.00 each are held as follows: (i) 70,165,200 Ordinary Shares of RM1.00 each are registered in the name of Aberdeen and its subsidiaries; and (ii) 44,666 Ordinary Shares of RM1.00 each are registered in the name of Morgan Stanley. The Form 29B was received by the Company on 7 March 2014. |
OSKPROP - OTHERS OSK PROPERTY HOLDINGS BERHAD ("OSKP" OR "THE COMPANY") (I) PROPOSED RENEWAL OF EXISTING SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (II) PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES (COLLECTIVELY KNOWN AS "PROPOSALS")
| Company Name | OSK PROPERTY HOLDINGS BERHAD |
| Stock Name | OSKPROP |
| Date Announced | 7 Mar 2014 |
| Category | General Announcement |
| Reference No | CS-140307-50705 |
| Type | Announcement |
| Subject | OTHERS |
| Description | OSK PROPERTY HOLDINGS BERHAD ("OSKP" OR "THE COMPANY") (I) PROPOSED RENEWAL OF EXISTING SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (II) PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES (COLLECTIVELY KNOWN AS "PROPOSALS") |
The Board of Directors of OSKP wishes to announce that the Company proposes to seek shareholders' approval for the Proposals at the forthcoming Twenty-Fourth Annual General Meeting to be convened at a date to be notified later. A Circular/Statement setting out the details pertaining to the Proposals will be despatched to shareholders in due course. This announcement is dated 7 March 2014. | |
YKGI - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RECURRENT RELATED PARTY TRANSACTIONS
| Company Name | YKGI HOLDINGS BERHAD |
| Stock Name | YKGI |
| Date Announced | 7 Mar 2014 |
| Category | General Announcement |
| Reference No | CC-140307-42801 |
| Type | Announcement | ||||||
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RECURRENT RELATED PARTY TRANSACTIONS | ||||||
| Description | ANNOUNCEMENT ON RECURRENT RELATED PARTY TRANSACTION | ||||||
Introduction
YKGI wishes to announce on the following RRPTs entered into between the Subsidiaries and the following related party:
The above amount of which by way of aggregation, have exceeded the prescribed limit of 1% as at 28 February 2014.
Nature of RRPTs
The RRPTs entered into by the Subsidiaries are in the ordinary course of business of YKGI Group. It is a recurring transaction of a revenue and/or a trading nature which was occurred with some degree of frequency and arise at any time and from time to time. These RRPTs may be constrained by the time-sensitive nature and confidentiality of such transaction made on an arm's length basis and on normal commercial terms which are not prejudicial to the interest of the minority shareholders and are on terms not more favourable to Norsec than those generally available to the public and are not detrimental to the interest of the minority shareholders.
Rationale of RRPTs
The RRPTs are necessary for the day to day operations of the Subsidiaries and are intended to meet the business needs on the best possible terms. The RRPTs are made in the ordinary course of business at arm’s length and on normal commercial terms which are not more favourable to the related party than those generally available to the public. The RRPTs are not detrimental to the interest of the minority shareholders. Marubeni-Itochu Steel Inc ("MISI") and its subsidiaries have long standing business relationship with YKGI Group. The close co-operation between YKGI and MISI has reaped mutual benefits and is expected to continue to be of benefit to the business of YKGI Group.
Effect of RRPTs on YKGI
The RRPTs are not expected to have any material effect on the earnings per share, net assets per share and gearing of YKGI. The RRPTs have no effect on the share capital and substantial shareholders’ shareholding of YKGI.
The nature and extent of the interests of the interested directors and interested major shareholders
Norsec is a person connected with the major shareholder of YKGI, namely MISI by virtue of its substantial shareholding in Norsec. Mr Yoshiki Kaneko and Mr Toshihiko Takahashi are the directors of YKGI and nominees of MISI. Therefore, they together with MISI are deemed interested in the RRPTs.
Whether the RRPTs are subject to the approval of shareholders and the relevant government authorities
The RRPTs are not subject to the approval of shareholders and the relevant government authorities.
Statement by Audit Committee
The Audit Committee having considered the rationale for the RRPTs and all aspects of the RRPTs, was of the view that the RRPTs are in the best interests of the Company, fair, reasonable and on normal commercial terms and not detrimental to the interests of the minority shareholders as the RRPTs were entered into in the ordinary course of business on normal commercial terms which are not more favourable to Norsec than those generally available to the public.
Statement by Directors
The Board of Directors, saved for Mr Yoshiki Kaneko and Mr Toshihiko Takahashi, having considered all aspects of the RRPTs, was of the opinion that the RRPTs are in the best interests of the Company and not detrimental to the interests of the minority shareholders.
This announcement is dated 7 March 2014.
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UNIMECH - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | UNIMECH GROUP BERHAD |
| Stock Name | UNIMECH |
| Date Announced | 7 Mar 2014 |
| Category | General Announcement |
| Reference No | UG-140307-61729 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | Investment in Unimech O & G Supplies Sdn. Bhd. |
Introduction Unimech Capital Sdn. Bhd. ("UCSB"), a wholly-owned subsidiary of Unimech Group Berhad ("UGB") had on 7 March 2014 subscribed 40,000 ordinary shares of RM1.00 each representing 40% of the total issued and paid-up capital of Unimech O & G Supplies Sdn. Bhd. ("UOGS") for a cash consideration of RM40,000.00 only ("the Subscription"). The Subscription is sourced from UCSB’s own internally generated fund. Information on UOGS UOGS was incorporated in Malaysia under the Companies Act, 1965 on 9 December 2013 as a private limited company under the name of Jelas Kuasa Sdn. Bhd. and assumed its present name on 27 February 2014. The current authorised share capital of UOGS is RM400,000 comprising 400,000 ordinary shares of RM1.00 each and its current paid up capital is RM100,000. The principal activities of UOGS are system design, fabrication, installation, combustion equipment and piping system for water, steam, petrochemical, and oil and gas industries. Rationale The Subscription would enable UGB to penetrate oil and gas industries which would complement the existing core businesses and to widen the earning potential of UGB. UGB is expected to benefit from the potential increase of earnings contribution from UOGS in future. Financial Effects The Subscription will not have any material effect on the net assets per share, earnings per share and gearing of UGB for the financial year ending 31 December 2014. The Subscription also has no effect on the share capital and substantial shareholders’ shareholding of UGB. No liability would be assumed by UCSB arising from the Subscription. Directors’ and Major Shareholders’ Interest None of the directors and major shareholders or person connected to the directors or major shareholders have any interest, direct or indirect in the Subscription. Approval Required The Subscription is not subject to the approval of the shareholders of UGB or any other government authorities. Statement by the Board of Directors The Board of Directors is of the opinion that the Subscription is in the best interest of UGB. Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad The highest percentage ratio pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad applicable to the Subscription is 0.02%. This announcement is dated 7 March 2014 | |
SMPC - Notice of Shares Buy Back by a Company pursuant to Form 28A
| Company Name | SMPC CORPORATION BHD |
| Stock Name | SMPC |
| Date Announced | 7 Mar 2014 |
| Category | Notice of Shares Buy Back by a Company Pursuant to Form 28A |
| Reference No | CC-140304-63739 |
| Remarks : |
| This announcement is dated 7 March 2014. |
HAISAN - Change in Audit Committee (Amended Announcement)
| Company Name | HAISAN RESOURCES BERHAD |
| Stock Name | HAISAN |
| Date Announced | 7 Mar 2014 |
| Category | Change in Audit Committee |
| Reference No | CC-140307-853EB |
| Date of change | 06/03/2014 |
| Name | Prabir Kumar Mittra |
| Age | 58 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | MIA – Member of the Malaysian Institute of Accountants FCCA – Association of Chartered Certified Accountant |
| Working experience and occupation | Mr. Mittra is a Chartered Accountant with experience in board meetings, restructuring, listing, legal and management. He familiar with corporate governance matters, annual report presentations, legal and financial due diligence. His experiences include, among others, restructuring proposals, defence of litigation, general and financial management, company secretarial matters, drafting of business and shareholder agreements and insight into constructions projects and accounts. Mr. Mittra was an Executive Director and Chief Financial Officer of Metroplex Berhad from 2008 to 2009. His past experience among others include the listing exercises of 3A Resources Berhad and Aikbee Resources Berhad when he was a partner in a consulting firm from 1997 to 2003. |
| Directorship of public companies (if any) | None |
| Family relationship with any director and/or major shareholder of the listed issuer | None |
| Any conflict of interests that he/she has with the listed issuer | None |
| Details of any interest in the securities of the listed issuer or its subsidiaries | None |
| Composition of Audit Committee (Name and Directorate of members after change) | (1) Prabir Kumar Mittra (Chairman) (Independent Non Executive Director) (2) Chua Boon Leong (Member) (Non Independent Non Executive Director) (3) Tengku Baharuddin Ibni Sultan Mahmud (Member) (Independent Non Executive Director) (4) Azman Bin Che Onn(Member) (Independent Non Executive Director) |
| Remarks : |
| Insertion pertaining to the Directorate of the Audit Committee in the Company. |
HAISAN - Change in Audit Committee (Amended Announcement)
| Company Name | HAISAN RESOURCES BERHAD |
| Stock Name | HAISAN |
| Date Announced | 7 Mar 2014 |
| Category | Change in Audit Committee |
| Reference No | CC-140307-853E4 |
| Date of change | 06/03/2014 |
| Name | Chua Boon Leong |
| Age | 59 |
| Nationality | Malaysian |
| Type of change | Redesignation |
| Previous Position | Chairman of Audit Committee |
| New Position | Member of Audit Committee |
| Directorate | Non Independent & Non Executive |
| Qualifications | A Member of the Malaysian Institute of Accountants, a fellow of the Association of Chartered Certified Accountants and an Associate Member of the Chartered Institute of Management Accountants, United Kingdom. |
| Working experience and occupation | Mr. Chua has over 20 years of working experience in the financial, audit and corporate finance field. He has held senior positions in various fields of corporate finance, audit and accounting in a variety of companies including a public listed company, a licensed finance company, manufacturing and trading companies as well as in auditing firms both locally and abroad. |
| Directorship of public companies (if any) | None |
| Family relationship with any director and/or major shareholder of the listed issuer | None |
| Any conflict of interests that he/she has with the listed issuer | None |
| Details of any interest in the securities of the listed issuer or its subsidiaries | None |
| Composition of Audit Committee (Name and Directorate of members after change) | (1) Prabir Kumar Mittra (Chairman) (Independent Non Executive Director) (2) Chua Boon Leong (Member) (Non Independent Non Executive Director) (3) Tengku Baharuddin Ibni Sultan Mahmud (Member) (Independent Non Executive Director) (4) Azman Bin Che Onn(Member) (Independent Non Executive Director) |
| Remarks : |
| Insertion pertaining to the Directorate of the Audit Committee in the Company. |
KAWAN - Interim Dividend (Amended Announcement)
| Company Name | KAWAN FOOD BERHAD |
| Stock Name | KAWAN |
| Date Announced | 7 Mar 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CC-140307-AFEBE |
| Remarks : |
| The entitlement description of the Interim Dividend should be "An Interim Single Tier Dividend of 1.8 sen per ordinary share of RM0.50 each" and not "An Interim Tax Exempt Dividend of 1.8 sen per ordinary share of RM0.50 each" as announced on 3 March 2014. |
TOMEI - OTHERS TOMEI CONSOLIDATED BERHAD PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
| Company Name | TOMEI CONSOLIDATED BERHAD |
| Stock Name | TOMEI |
| Date Announced | 7 Mar 2014 |
| Category | General Announcement |
| Reference No | CM-140306-76728 |
| Type | Announcement |
| Subject | OTHERS |
| Description | TOMEI CONSOLIDATED BERHAD PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE |
The Board of Director of the Tomei Consolidated Berhad (“the Company”) wishes to announce that the Company intend to seek shareholders’ approval for the proposed renewal of Shareholders’ Mandate to enter into recurrent related party transactions of a revenue or trading nature at the forthcoming 9th Annual General Meeting of the Company. A Circular containing details of the proposed Shareholders’ Mandate will be despatched to the shareholders of the Company in due course. This announcement is dated 7 March 2014. | |
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