March 12, 2014

Company announcements: KIANJOO, COASTAL, WASEONG, SUNWAY, KIMHIN, SHANG, PARKSON, MPCORP

KIANJOO - REPLY TO QUERY

Announcement Type: General Announcement
Company NameKIAN JOO CAN FACTORY BERHAD  
Stock Name KIANJOO  
Date Announced12 Mar 2014  
CategoryGeneral Announcement
Reference NoKJ-140312-47956

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDGG-140311-36066
SubjectREPLY TO QUERY
DescriptionKIAN JOO CAN FACTORY BERHAD (“KIAN JOO”)
- RECEIPT OF LETTER OF INTEREST FROM TOYOTA TSUSHO CORPORATION (“TTC”) ON POSSIBLE PURCHASE OF MAJORITY OF ISSUED AND OUTSTANDING STOCKS OF KIAN JOO (“LOI”)
Query Letter Contents We refer to the Company's announcement dated 10 March 2014, in respect of the
aforesaid matter.

In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-

1. A confirmation on whether any of the directors and/or substantial
shareholders of Kian Joo have been approached by TTC to dispose off its stake
in Kian Joo.
2. Proposed action/steps to be taken (other than seeking the additional
information from TTC) by your Board of Directors and the timeframe with regard
to the LOI by TTC.
3. Whether the directors and major shareholders and persons connected with a
director or major shareholder have any interest, direct or indirect, in the LOI
and the nature and extent of their interests.


Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.


Yours faithfully



HENG TECK HENG
Vice President, Issuers
Listing Division
Regulation
TGG
c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)

With reference to the query dated 11 March 2014 from Bursa Malaysia Securities Berhad in respect of our announcement dated 10 March 2014 on the LOI, set out below are the additional information requested:-

1. None of the Directors nor the substantial shareholders of Kian Joo have been approached by TTC to dispose off their stakes in Kian Joo.

2. The Board of Directors of Kian Joo will decide on the action/steps to take on the LOI after consultation with Kian Joo’s advisers. An announcement thereon will be made in due course.

3. The Directors and major shareholders of Kian Joo and persons connected with the Directors or major shareholders of Kian Joo do not have any interest, direct or indirect, in the LOI.

This announcement is dated 12 March 2014.

 

 

 

 

 



COASTAL - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameCOASTAL CONTRACTS BHD  
Stock Name COASTAL  
Date Announced12 Mar 2014  
CategoryGeneral Announcement
Reference NoOI-140310-39701

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionCOASTAL CONTRACTS BHD (“COASTAL” OR “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF COASTAL (“PROPOSED PRIVATE PLACEMENT”)

(Unless otherwise defined, defined terms used in this announcement should carry the same meanings as defined in the announcements dated 26 February 2014, 27 February 2014, 28 February 2014 and 5 March 2014 in relation to the Proposed Private Placement ("Announcements").

We refer to the Announcements in relation to the Proposed Private Placement.

On behalf of the Board of Directors of Coastal ("Board"), Bank Islam Malaysia Berhad wishes to announce that the Board had on 12 March 2014 ("Price Fixing Date") fixed the issue price for the placement of 48,306,933 Placement Shares at RM4.30 per Placement Share.

The issue price for the Placement Shares of RM4.30 represent a discount of 8.65% to the five (5)-day volume weighted average market price of Coastal Shares, up to and including 11 March 2014 (being the last market day prior to the Price-Fixing Date) of RM4.7072 per Coastal Share.

This announcement is dated 12 March 2014.



WASEONG - OTHERS WAH SEONG CORPORATION BERHAD (“THE COMPANY” OR “WSC”) - ACQUISITION OF NEW SUBSIDIARY, NAMELY PMT ENERGY (LABUAN) LTD, BY THE COMPANY’S WHOLLY-OWNED SUBSIDIARY, JUTASAMA SDN BHD

Announcement Type: General Announcement
Company NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced12 Mar 2014  
CategoryGeneral Announcement
Reference NoWS-140311-B6E3D

TypeAnnouncement
SubjectOTHERS
DescriptionWAH SEONG CORPORATION BERHAD (“THE COMPANY” OR “WSC”)
- ACQUISITION OF NEW SUBSIDIARY, NAMELY PMT ENERGY (LABUAN) LTD, BY THE COMPANY’S WHOLLY-OWNED SUBSIDIARY, JUTASAMA SDN BHD

Please refer to the attachment for details of the announcement.

This announcement is dated 12 March 2014.

 



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

Announcement Type: General Announcement
Company NameSUNWAY BERHAD  
Stock Name SUNWAY  
Date Announced12 Mar 2014  
CategoryGeneral Announcement
Reference NoSS-140312-62007

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionSUNWAY BERHAD ("SUNWAY")
- NOTIFICATION UNDER CHAPTER 14 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ON DEALINGS IN SECURITIES

Pursuant to Chapter 14, Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Datuk Seri Yam Kong Choy, the Independent Non-Executive Director of Sunway, has given notice of his dealings in the securities of Sunway outside the closed period, details as set out in the Table below.

Date of Acquisition

No. of Shares Acquired

% of Issued Share Capital

Price Transacted

(RM per share)

Remarks

28.02.2014
35,000

0.0020

2.901

Acquisition of shares in the open market

06.03.2014
5,000

0.0003

2.800

Acquisition of shares in the open market

10.03.2014
10,000

0.0006

2.790

Acquisition of shares in the open market

10.03.2014
5,000

0.0003

2.810

Acquisition of shares in the open market

This announcement is dated 12 March 2014.



SUNWAY - Changes in Director's Interest (S135) - Datuk Seri Yam Kong Choy

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameSUNWAY BERHAD  
Stock Name SUNWAY  
Date Announced12 Mar 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoSS-140312-60555

Information Compiled By KLSE

Particulars of Director

NameDatuk Seri Yam Kong Choy
AddressAB-10-01
10 Mont' Kiara
4 Jalan Kiara 1
50480 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
28/02/2014
35,000
2.901 
Acquired
06/03/2014
5,000
2.800 
Acquired
10/03/2014
10,000
2.790 
Acquired
10/03/2014
5,000
2.810 

Circumstances by reason of which change has occurredAcquisition of shares in the open market
Nature of interestDirect interest
Consideration (if any) 

Total no of securities after change

Direct (units)55,000 
Direct (%)0.003 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice12/03/2014


KIMHIN - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RECURRENT RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameKIM HIN INDUSTRY BERHAD  
Stock Name KIMHIN  
Date Announced12 Mar 2014  
CategoryGeneral Announcement
Reference NoKH-140312-65075

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
DescriptionProposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature

Kim Hin Industry Berhad ("the Company") wishes to announce that it proposes to seek the approval of the shareholders of the Company for the Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature at the forthcoming Annual General Meeting ("AGM") to be convened.

At the last AGM held on 22 May 2013, the Company had obtained shareholders' approval to enter into Recurrent Related Party Transactions with related parties on the terms set out in the circular to shareholders dated 29 April 2013. The said authorisation shall, in accordance with the Listing Requirements of Bursa Malaysia Securities Berhad, expire at the forthcoming AGM unless renewal is obtained.

A circular to shareholders containing the details of the above proposal will be despatched to shareholders of the Company together with the notice of the Company's AGM in due course



SHANG - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management Asia Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSHANGRI-LA HOTELS (MALAYSIA) BERHAD  
Stock Name SHANG  
Date Announced12 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoSH-140312-5799F

Particulars of substantial Securities Holder

NameAberdeen Asset Management Asia Limited
Address21 Church Street #01-01
Capital Square Two
Singapore 049480
NRIC/Passport No/Company No.199105448E
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holder(1) BNP Paribas Trust Services Singapore Limited
(2) BNP Paribas Securities Services
(3) State Street Bank & Trust
(4) Northern Trust - Chicago

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed11/03/2014
4,000
 

Circumstances by reason of which change has occurredAn investment position taken in connection with Aberdeen Asset Management Asia Limited's ordinary business in fund management.
Nature of interestIndirect
Direct (units)
Direct (%)
Indirect/deemed interest (units)36,656,200 
Indirect/deemed interest (%)8.33 
Total no of securities after change36,656,200
Date of notice12/03/2014


SHANG - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management PLC

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSHANGRI-LA HOTELS (MALAYSIA) BERHAD  
Stock Name SHANG  
Date Announced12 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoSH-140312-57CE3

Particulars of substantial Securities Holder

NameAberdeen Asset Management PLC
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
Name & address of registered holder(1) Aberdeen Asset Management Asia Limited
21 Church Street #01-01
Capital Square Two
Singapore 049480

(2) Aberdeen Asset Management Sdn Bhd
Suite 1005, 10th Floor
Wisma Hamzah-Kwong Hing
No. 1, Leboh Ampang
50100 Kuala Lumpur

(3) Aberdeen International Fund Managers Limited
Rm 2605-06,
26/F Alexandra House
18 Chater Road
Central
Hong Kong

(4) Aberdeen Asset Management Inc.
103 Springer Building
3411 Silverside Road
Wilmington
Delaware 19810
USA

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed11/03/2014
4,000
 

Circumstances by reason of which change has occurredAn investment position taken in connection with Aberdeen Asset Management Asia Limited's ordinary business in fund management.
Nature of interestIndirect
Direct (units)
Direct (%)
Indirect/deemed interest (units)50,101,500 
Indirect/deemed interest (%)11.39 
Total no of securities after change50,101,500
Date of notice12/03/2014


PARKSON - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced12 Mar 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoPH-140312-63682

Date of buy back12/03/2014
Description of shares purchasedOrdinary shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)2,036,700
Minimum price paid for each share purchased ($$)2.700
Maximum price paid for each share purchased ($$)2.740
Total consideration paid ($$)5,597,028.85
Number of shares purchased retained in treasury (units)2,036,700
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)63,424,931
Adjusted issued capital after cancellation
(no. of shares) (units)
 
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)5.8


MPCORP - OTHERS Malaysia Pacific Corporation Berhad (the “Company” or “MPCB”) - Settlement Agreement entered into between Oriental Pearl City Properties Sdn Bhd (“Oriental”), Lakehill Resort Development Sdn Bhd (“LRD”), Taman Bandar Baru Masai Sdn Bhd (“TBBM”), all wholly-owned subsidiaries of the Company, Amanahraya Development Sdn Bhd (“ADSB”) and MPCB

Announcement Type: General Announcement
Company NameMALAYSIA PACIFIC CORPORATION BERHAD  
Stock Name MPCORP  
Date Announced12 Mar 2014  
CategoryGeneral Announcement
Reference NoCC-140312-37003

TypeAnnouncement
SubjectOTHERS
DescriptionMalaysia Pacific Corporation Berhad (the “Company” or “MPCB”)
- Settlement Agreement entered into between Oriental Pearl City Properties Sdn Bhd (“Oriental”), Lakehill Resort Development Sdn Bhd (“LRD”), Taman Bandar Baru Masai Sdn Bhd (“TBBM”), all wholly-owned subsidiaries of the Company, Amanahraya Development Sdn Bhd (“ADSB”) and MPCB

We refer to the announcements dated 29 February 2012, 26 March 2012, 25 May 2012, 6 June 2012, 1 October 2012, 31 January 2013, 24 October 2013, 25 October 2013, 30 October 2013, 31 October 2013, 21 November 2013, 2 December 2013, 20 January 2014 and 28 February 2014 pertaining to the Material Litigation arising from the Joint Venture Agreement dated 20 August 2008 between ADSB and Oriental.

The terms herein shall bear the same meaning as defined in the said announcements.

The Board of Directors wishes to announce that Oriental, LRD, TBBM, ADSB and MPCB had on 10 March 2014 entered into a settlement agreement (“the Settlement Agreement”) to settle the below judgement obtained by ADSB against Oriental and MPCB on 30 January 2012 (“the Judgement Sum”):

a) RM113,170,308.20 only;

b) Interest at the rate of 7.2% on the sum in (a) above per annum from 19 September 2012 until the date of full settlement; and

c) the costs of RM5,000.00 only.

Pursuant to the Settlement Agreement, Oriental, LRD, TBBM, ADSB and MPCB have agreed that the Judgement Sum shall be settled for RM120,000,000.00 only (“the Settlement Sum”) in accordance to the terms as follows:

a) The Company to pay ADSB cash payment of RM5,000,000.00 upon execution of the Settlement Agreement; and

b) The Company to pay ADSB cash payment of RM115,000,00.00 within 6 months form the date of the Settlement Agreement.

The Settlement Agreement is entered into and the Settlement Sum is paid without any admission of liability on Oriental, LRD, TBBM, ADSB and the Company.

Further announcement on any material development will be made as and when appropriate.

This announcement is dated 12 March 2014.



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