March 27, 2014

Company announcements: GPACKET, SUMATEC, UTDPLT, IJM, TM, AHP

GPACKET - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameGREEN PACKET BERHAD  
Stock Name GPACKET  
Date Announced27 Mar 2014  
CategoryGeneral Announcement
Reference NoMI-140327-55148

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionGREEN PACKET BERHAD (“GPB” OR “COMPANY”)

(i) PROPOSED DILUTION;
(ii) PROPOSED ACQUISITION;
(iii) PROPOSED EXCHANGEABLE BONDS ISSUANCE; AND
(iv) PROPOSED SUBSCRIPTION OF CONVERTIBLE BONDS.

(TO BE COLLECTIVELY REFERRED TO AS “PROPOSALS”)

On behalf of the Board of Directors of the Company, RHB Investment Bank Berhad (“RHB Investment Bank”) wishes to announce the following:-

(i) the Company had on 27 March 2014 entered into a conditional investment agreement (“Investment Agreement”) with Mobikom Sdn Bhd (“Mobikom”), a wholly-owned subsidiary of Telekom Malaysia Berhad (“TMB”), SK Telecom Co. Ltd. (“SKT”), Packet One Sdn Bhd (“POSB”), a wholly-owned subsidiary of the Company, TMB and Packet One Networks (Malaysia) Sdn Bhd (“PON”), a 55%-owned subsidiary of POSB, for the subscription by Mobikom of new ordinary shares of RM1.00 each in PON (“PON Share(s)”) (“Subscription Share(s)”) for a total subscription consideration of RM350.0 million (“Subscription Consideration”). The subscription price per PON Share and the actual number of PON Shares to be subscribed by Mobikom will be determined in accordance with the terms of the Investment Agreement (“Mobikom Subscription”); and

(ii) POSB had on 27 March 2014 entered into a conditional share sale agreement (“SPA”) with the minority shareholders of PON, namely Dutamas Equity Sdn Bhd (“DESB”), Dutamas Regal Sdn Bhd (“DRSB”), Akar Amanjaya Sdn Bhd (“AASB”) and Megan Sinar Sdn Bhd (“MSSB”) (collectively referred to as “Minorities”) for the acquisition of an aggregate of 450,000 PON Shares (“Acquisition Shares”) for a total cash consideration of RM30.0 million (“Purchase Consideration”) (“Proposed Acquisition”).

In accordance with the Investment Agreement, the Company is also proposing to undertake, amongst others, the following:-

(a) the conversion of 1,927,620 Class A Islamic irredeemable convertible preference shares (“ICPS”) of RM0.10 each in PON (“Class A ICPS”) and the 200,000 Class B ICPS of RM0.10 each in PON (“Class B ICPS”) to be acquired by POSB from Intel Capital Corporation pursuant to terms of the Investment Agreement;

(b) issuance of up to RM210.0 million nominal value of eight (8)-year redeemable exchangeable bonds (“Exchangeable Bonds”) to TMB in tranches. The Exchangeable Bonds may be exchangeable for PON Shares held by POSB (“Proposed Exchangeable Bonds Issuance”); and

(c) the subscription by POSB and/or its affiliates of up to RM247.5 million of nominal value of eight (8)-year redeemable convertible unsecured bonds (“Convertible Bonds”) to be issued by PON in tranches after the completion of the Proposed Dilution (as defined herein) (“Proposed Subscription of Convertible Bonds”).

Upon completion of the Investment Agreement and subject to closing adjustments, Mobikom will emerge as the largest shareholder of PON, with a 56.8% equity interest in PON. Simultaneously, the equity interest of the Company, via POSB, in PON will be diluted from 55.0% to 30.0% (“Proposed Dilution”).

Further details of the Proposals are set out in the attachment below.


This announcement is dated 27 March 2014.

Attachments

GPB - Proposals (final).pdf
608 KB



GPACKET - OTHERS PACKET ONE NETWORKS (MALAYSIA) SDN BHD : PARTNERSHIP WITH TELEKOM MALAYSIA BERHAD

Announcement Type: General Announcement
Company NameGREEN PACKET BERHAD  
Stock Name GPACKET  
Date Announced27 Mar 2014  
CategoryGeneral Announcement
Reference NoGP-140327-46378

TypeAnnouncement
SubjectOTHERS
DescriptionPACKET ONE NETWORKS (MALAYSIA) SDN BHD : PARTNERSHIP WITH TELEKOM MALAYSIA BERHAD

Further to the Company’s announcement today on the Investment Agreement, the Board of Directors of Green Packet Berhad is pleased to announce its’ press statement jointly made with the parties namely Telekom Malaysia Berhad and SK Telecom Co. Ltd, on their collaboration to develop Malaysia’s Next-Gen Converged Communications Services.

Detail of the press statement is attached herewith.

 

This announcement is dated 27 March 2014.

Attachments

A.pdf
50 KB



GPACKET - GPACKET-RESUMPTION OF TRADING

Announcement Type: Listing Circular
Company NameGREEN PACKET BERHAD  
Stock Name GPACKET  
Date Announced27 Mar 2014  
CategoryListing Circular
Reference NoNS-140327-56419

LISTING'S CIRCULAR NO. L/Q : 70177 OF 2014


    Further to Listing's Circular No. L/Q : 70168 OF 2014 , kindly be advised that trading in the above Company's securities will resume with effect from 9.00 a.m., Friday, 28 March 2014
    Your attention is drawn to the Company's announcement dated 27 March 2014.


SUMATEC - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameSUMATEC RESOURCES BERHAD  
Stock Name SUMATEC  
Date Announced27 Mar 2014  
CategoryGeneral Announcement
Reference NoCC-140327-D2580

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionNotification of dealing by Director in the securities of Sumatec Resources Berhad ("Sumatec" or "the Company")outside closed period.

Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, En Wan Kamaruddin Bin Dato’ Biji @ Wan Abdullah, the Non Independent & Non Executive Director of the Company had transacted in the securities of the Company, outside closed period as per table below:-

Type of securities

Date interest acquired**

Date interest disposed of

No. or amount of securities acquired or disposed of

Price of securities acquired or disposed of

Percentage of securities acquired or disposed of+

Total no. or amount securities held after acquisition or disposal

Percentage of securities held after acquisition or disposal+

Name of registered holder of securities++

Particulars of event by reason of which change has occurred*+

Ordinary share of RM0.14 each

-

21/03/2014

10,000,000

RM0.30

0.32%

240,155,841

7.75%

Tekad Mulia Sdn Bhd

Disposal via open market - Deemed interest by virtue of his substantial shareholding in Tekad Mulia Sdn Bhd

Ordinary share of RM0.14 each

-

25/03/2014

5,000,000

RM0.30

0.16%

235,155,841

7.59%

Tekad Mulia Sdn Bhd

This announcement is dated 27 March 2014.



SUMATEC - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameSUMATEC RESOURCES BERHAD  
Stock Name SUMATEC  
Date Announced27 Mar 2014  
CategoryGeneral Announcement
Reference NoCC-140327-D258E

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionNotification of dealing by Director in the securities of Sumatec Resources Berhad ("Sumatec" or "the Company")outside closed period.

Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Mr Chan Yok Peng, the Non Independent & Non Executive Director of the Company had transacted in the securities of the Company, outside closed period as per table below:-

Type of securities

Date interest acquired**

Date interest disposed of

No. or amount of securities acquired or disposed of

Price of securities acquired or disposed of

Percentage of securities acquired or disposed of+

Total no. or amount securities held after acquisition or disposal

Percentage of securities held after acquisition or disposal+

Name of registered holder of securities++

Particulars of event by reason of which change has occurred*+

Ordinary share of RM0.14 each

-

21/03/2014

10,000,000

RM0.30

0.32%

240,155,841

7.75%

Tekad Mulia Sdn Bhd

Disposal via open market -Deemed interest by virtue of his substantial shareholding in Tekad Mulia Sdn Bhd

Ordinary share of RM0.14 each

-

25/03/2014

5,000,000

RM0.30

0.16%

235,155,841

7.59%

Tekad Mulia Sdn Bhd

This announcement is dated 27 March 2014.



UTDPLT - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management PLC and its Subsidiaries

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameUNITED PLANTATIONS BERHAD  
Stock Name UTDPLT  
Date Announced27 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoUP-140327-F6FC3

Particulars of substantial Securities Holder

NameAberdeen Asset Management PLC and its Subsidiaries
Address10 Queen's Terrace, Aberdeen,
AB10 1YG, Scotland
NRIC/Passport No/Company No.82015
Nationality/Country of incorporationScotland
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each fully paid
Name & address of registered holderAberdeen Asset Management PLC and its Subsidiaries ("Aberdeen")
10 Queen's Terrace, Aberdeen,AB10 1YG, Scotland

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed25/03/2014
6,200
 

Circumstances by reason of which change has occurredSale by Aberdeen Asset Management PLC and its subsidiaries, an investment position taken in connection by Aberdeen's ordinary business in fund management.
Nature of interestIndirect Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)24,328,700 
Indirect/deemed interest (%)11.7082 
Total no of securities after change24,328,700
Date of notice26/03/2014

Remarks :
Form 29B was received on the 27 March 2014.


IJM - 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 NameIJM CORPORATION BERHAD  
Stock Name IJM  
Date Announced27 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIC-140327-40E30

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.Not Applicable
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1 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)
Disposed24/03/2014
1,000,000
 
Acquired24/03/2014
181,800
 

Circumstances by reason of which change has occurredTransaction of Securities
Nature of interestDirect
Direct (units)139,336,589 
Direct (%)9.785 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change139,336,589
Date of notice27/03/2014

Remarks :
Re : Form 29B dated 25 March 2014.


IJM - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (Diperbadankan)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameIJM CORPORATION BERHAD  
Stock Name IJM  
Date Announced27 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIC-140327-7F944

Particulars of substantial Securities Holder

NameKumpulan Wang Persaraan (Diperbadankan)
AddressAras 4, 5 & 6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang, 55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1 Each
Name & address of registered holderKumpulan Wang Persaraan (Diperbadankan), Aras 4, 5 & 6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang, 55100 Kuala Lumpur.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired21/03/2014
8,400
 
Disposed21/03/2014
575,300
 

Circumstances by reason of which change has occurredTransaction of Securities
Nature of interestDirect
Direct (units)122,891,380 
Direct (%)8.63 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change122,891,380
Date of notice27/03/2014

Remarks :
Re : Form 29B dated 26 March 2014.


TM - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameTELEKOM MALAYSIA BERHAD  
Stock Name TM  
Date Announced27 Mar 2014  
CategoryChange in Audit Committee
Reference NoTM-140324-67052

Date of change27/03/2014
NameGee Siew Yoong
Age64
NationalityMalaysian
Type of changeAppointment
DesignationMember of Audit Committee
DirectorateIndependent & Non Executive
QualificationsMember of the Malaysian Institute of Certified Public Accountants and the Malaysian Institute of Accountants.  
Working experience and occupation She began her career with PriceWaterhouse in 1969 and her last position there was the Senior Audit Manager and Continuing Education Manager before she left in 1981. She then joined the Selangor Pewter Group as Group Financial Controller during which period she was seconded to the USA from 1983 to 1984 as Chief Executive Officer of Senaca Crystal Inc., a company in the Selangor Pewter Group, which was undergoing reorganisation under Chapter XI of the US Bankruptcy Code. She later became the Personal Assistant to the Executive Chairman of Lipkland Group from 1985 until 1987.

Gee was then appointed by Bank Negara Malaysia as the Executive Director and Chief Executive of Supreme Finance (M) Berhad, a financial institution undergoing rescue and reorganisation under the supervision of the Central Bank until the successful completion of the reorganisation in 1991. She later joined Land & General Berhad as Group Divisional Chief, Management Development Services in 1993 before joining Multi-Purpose Capital Holdings Berhad as Executive Assistant to the Chief Executive in 1997 until 1999. During this period, she also served as a Director of Multi-Purpose Bank Berhad, Multi-Purpose Insurans Berhad and Executive Director of Multi-Purpose Trustee Berhad.  
Directorship of public companies (if any)1. SapuraKencana Petroleum Berhad
2. Sapura Resources Berhad  
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 
Composition of Audit Committee (Name and Directorate of members after change)1) Dato' Danapalan T.P. Vinggrasalam (Chairman/Senior Independent Non-Executive Director);
2) Tunku Dato' Mahmood Fawzy Tunku Muhiyiddin (Member/Non-Independent Non-Executive Director);
3) Ibrahim Marsidi (Member/Independent Non-Executive Director);
4) Datuk Zalekha Hassan (Member/Independent Non-Executive Director); and
5) Gee Siew Yoong (Member/Independent Non-Executive Director)


AHP - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameAMANAH HARTA TANAH PNB  
Stock Name AHP  
Date Announced27 Mar 2014  
CategoryGeneral Meetings
Reference NoAH-140327-6175A

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting26/03/2014
Time03:00 PM
VenueTHE THEATRETTE
LEVEL 2, MENARA PNB
201-A, JALAN TUN RAZAK
50400 KUALA LUMPUR
Outcome of Meeting

Reference is made to the announcement made on 28 February 2014 on the Notice of the 2nd Annual General Meeting ("AGM") of Amanah Harta Tanah PNB ("AHP").

The Manager wishes to announce that the 2nd AGM of AHP has been duly conducted on 26 March 2014 and that the unit holders of AHP have approved the Ordinary Resolution on the Proposed Authority to Allot and Issue New Units of AHP Pursuant to Clause 14.03 of the Securities Commission Malaysia's Guidelines on Real Estate Investment Trusts.

This announcement is dated 27 March 2014.



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