March 24, 2014

Company announcements: ASDION, UTOPIA, BOILERM, MAYBANK, SUMATEC, P&O, TAKAFUL, BOXPAK, KEN

ASDION - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameASDION BERHAD (ACE Market) 
Stock Name ASDION  
Date Announced24 Mar 2014  
CategoryGeneral Announcement
Reference NoOS-140324-44917

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionASDION BERHAD (“ASDION” OR THE “COMPANY”)

(I) FREE WARRANTS ISSUE
(II) PRIVATE PLACEMENT OF SHARES WITH WARRANTS
(III) SIS
(IV) INCREASE IN AUTHORISED SHARE CAPITAL
(V) AMENDMENT

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

We refer to the announcements dated 20 November 2013, 13 December 2013, 6 February 2014, 11 February 2014, 12 February 2014, 7 March 2014 and 10 March 2014 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of the Board, TA Securities wishes to announce that the Board has on 24 March 2014 fixed the issue price for the placement of 29,227,000 Placement Shares at RM0.476 per Placement Share.

 

The five (5)-day volume weighted average market price of the Asdion Shares up to and including 21 March 2014 (“5D-VWAP”) is RM0.4140 and the theoretical value of the Placement Warrants is approximately RM0.0763 each. As such, the issue price of RM0.476 per Placement Share represents a premium of approximately RM0.0620 or 14.98% to the 5D-VWAP but at a discount of approximately RM0.0525 or 9.93% from the total value of one (1) Placement Share and 1.5 Placement Warrants of RM0.5285.

 

This announcement is dated 24 March 2014.



UTOPIA - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company Name1 UTOPIA BERHAD (ACE Market) 
Stock Name UTOPIA  
Date Announced24 Mar 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoOS-140320-61284

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalPrivate Placement
Details of corporate proposalPROPOSED PRIVATE PLACEMENT OF UP TO 121,427,200 NEW ORDINARY SHARES OF RM0.10 EACH IN 1 UTOPIA, REPRESENTING NOT MORE THAN TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF 1 UTOPIA (EXCLUDING TREASURY SHARES, IF ANY) (“PROPOSED PRIVATE PLACEMENT”)
No. of shares issued under this corporate proposal89,925,400
Issue price per share ($$)MYR 0.100
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units989,179,930
CurrencyMYR 98,917,993.000
Listing Date25/03/2014

Remarks :
The 89,925,400 new ordinary shares of RM0.10 each in 1 Utopia were allotted and issued pursuant to the Proposed Private Placement that was announced on 6 January 2014. This marks the completion of the Proposed Private Placement.


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

Announcement Type: General Announcement
Company NameBOILERMECH HOLDINGS BERHAD (ACE Market) 
Stock Name BOILERM  
Date Announced24 Mar 2014  
CategoryGeneral Announcement
Reference NoMI-140323-67092

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionBOILERMECH HOLDINGS BERHAD ("BOILERMECH" OR THE "COMPANY")

(I) PROPOSED TRANSFER OF THE LISTING OF AND QUOTATION FOR THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF BOILERMECH FROM THE ACE MARKET TO THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("PROPOSED TRANSFER");

(II) PROPOSED BONUS ISSUE OF 258,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN BOILERMECH ("BOILERMECH SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY ONE (1) EXISTING BOILERMECH SHARE HELD BY THE ENTITLED SHAREHOLDERS OF BOILERMECH ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE"); AND

(III) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF BOILERMECH FROM RM50,000,000 COMPRISING 500,000,000 BOILERMECH SHARES TO RM100,000,000 COMPRISING 1,000,000,000 BOILERMECH SHARES ("PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL")

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

The terms used herein shall, unless the context otherwise states, bear the same meaning as those defined in the earlier announcements in relation to the Proposals, where applicable.

We refer to the previous announcements in relation to the Proposals.

On behalf of the Board of Directors of Boilermech, RHB Investment Bank Berhad ("RHB Investment Bank") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had vide its letter dated 20 March 2014 (which was received by the Company on 21 March 2014), resolved to approve the listing and quotation of 258,000,000 Bonus Shares to be issued pursuant to the Proposed Bonus Issue.

The approval granted by Bursa Securities is subject to the following conditions:-

1. Boilermech and RHB Investment Bank must fully comply with the relevant provisions under the ACE Market Listing Requirements ("Listing Requirements") pertaining to the implementation of the Proposed Bonus Issue;

2. Boilermech and RHB Investment Bank to inform Bursa Securities upon the completion of the Proposed Bonus Issue;

3. Boilermech to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Bonus Issue is completed; and

4. Boilermech and RHB Investment Bank are required to make the relevant announcements pursuant to Rules 6.36(2)(a)&(b) and 6.36(4) of the Listing Requirements.

This announcement is dated 24 March 2014.



MAYBANK - 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 NameMALAYAN BANKING BERHAD  
Stock Name MAYBANK  
Date Announced24 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMB-140324-43555

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 incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY
Name & address of registered holder1) EMPLOYEES PROVIDENT FUND BOARD
TINGKAT 19 BANGUNAN KWSP
JALAN RAJA LAUT
50350 KUALA LUMPUR

2) CITIGROUP 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)
Acquired19/03/2014
1,995,900
 

Circumstances by reason of which change has occurredPURCHASE OF SHARES
Nature of interestDIRECT
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change1,251,722,137
Date of notice20/03/2014

Remarks :
1) The Notice was received by Maybank Berhad on 24 March 2014.


SUMATEC - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameSUMATEC RESOURCES BERHAD  
Stock Name SUMATEC  
Date Announced24 Mar 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoCC-140324-ED20B

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 proposal4,000,000
Issue price per share ($$)MYR 0.244
Par Value ($$)MYR 0.140
Latest issued and paid up share capital after the above corporate proposal in the following
Units3,098,968,000
CurrencyMYR 433,855,520.000
Listing Date25/03/2014


P&O - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NamePACIFIC & ORIENT BERHAD  
Stock Name P&O    
Date Announced24 Mar 2014  
CategoryGeneral Announcement
Reference NoP&-140324-44606

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionPurchase of freehold land by P & O Global Technologies, Inc, a wholly owned subsidiary of Pacific & Orient Bhd.

Pacific & Orient Berhad (“POB”) wishes to announce that P & O Global Technologies, Inc, a wholly owned subsidiary of POB has 20 March 2014 entered into an Agreement of Purchase and Sale with Bianca Investments, LLC, a Delaware limited liability company, and/or assigns, to acquire a piece of freehold land (“land”) situated in Miami-Dade County, Florida, having an address of 11240 Biscayne Boulevard, Miami, Florida 33181 from Bianca Investments, LLC for a total consideration of US$7,418,000.00.

Please refer to the attachment for full details on the announcement.



TAKAFUL - 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 NameSYARIKAT TAKAFUL MALAYSIA BERHAD  
Stock Name TAKAFUL  
Date Announced24 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoST-140324-41660

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)
Acquired19/03/2014
97,700
 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change13,194,120
Date of notice20/03/2014

Remarks :
The Notice of Changes in Substantial Shareholder's Interest (Form 29B) was received on 24 March 2014.


BOXPAK - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameBOX-PAK (MALAYSIA) BERHAD  
Stock Name BOXPAK  
Date Announced24 Mar 2014  
CategoryPDF Submission
Reference NoBB-140319-35744

SubjectStatement/Circular to Shareholders dated 24 March 2014 in relation to the:-

Part A
Share Buy-Back Statement in relation to proposed renewal of authority for the Company to purchase its own shares

Part B
Circular to Shareholders in relation to proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature


BOXPAK - Annual Report 2013

Announcement Type: Document Receipt
Company NameBOX-PAK (MALAYSIA) BERHAD  
Stock Name BOXPAK  
Date Announced24 Mar 2014  
CategoryDocument Receipt
Reference NoJM-140324-42687

Annual Report for Financial Year Ended31/12/2013
SubjectAnnual Report 2013

Attachments

BOXPAK-AnnualReport2013.pdf
580 KB






KEN - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameKEN HOLDINGS BERHAD  
Stock Name KEN  
Date Announced24 Mar 2014  
CategoryPDF Submission
Reference NoCS-140324-41028

SubjectCIRCULAR TO SHAREHOLDERS IN RELATION TO THE
PART A
I. PROPOSED SHARE SPLIT INVOLVING THE SUBDIVISION OF EVERY ONE (1) EXISTING ORDINARY SHARE OF RM1.00 EACH IN KEN HOLDINGS BERHAD ("KEN" OR THE "COMPANY") INTO TWO (2) ORDINARY SHARES OF RM0.50 EACH IN KEN; AND
II. PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF KEN
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
PART B
PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY ("PROPOSED RENEWAL OF SHARE BUY BACK")


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