OCTAGON - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
| Company Name | OCTAGON CONSOLIDATED BERHAD |
| Stock Name | OCTAGON |
| Date Announced | 31 Mar 2014 |
| Category | General Announcement |
| Reference No | OC-140328-63508 |
| Type | Announcement |
| Subject | WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR |
| Description | WINDING-UP ORDER BY NV BINA SDN BHD (“NVB”) AGAINST ADVANCED PYROTECH SDN BHD (“APT”), A SUBSIDIARY OF OCTAGON CONSOLIDATED BERHAD (“OCTAGON”) |
Further to the announcement on 17 December 2013, the Board of Directors (“Board”) of Octagon wishes to announce that APT, a subsidiary of Octagon, which is under the management of Receiver & Manager (“R&M”) appointed by Kuwait Finance House (Malaysia) Berhad (“KFH”), was served with a winding-up order dated 5 March 2014 from Messrs Chan Leong & Co., solicitors for NV Bina Sdn Bhd (“Petitioner” or “NVB”), a former sub-contractor of APT, which was received by the Company Secretary of APT (“the Order”) on 27 March 2014. The High Court of Malaya at Shah Alam has granted an order to wind up APT and Officer Receiver Malaysia will be appointed as liquidator of APT. The circumstances leading to the Order against APT was due to default of outstanding payment of RM717,500.00 by APT, which was then under the management of R&M. APT is not a major subsidiary of Octagon and has not commenced commercial operation yet. The total cost of investment in APT has been totally written off in the financial year ended 31 October 2013. The Company is not expected to suffer any financial or operational impact arising from the Order as APT has been deconsolidated from the financial statement of the Octagon Group due to the appointment of R&M. The Company is seeking the necessary advice from APT’s R&M for the next course of action on the Order. The Company will announce any further developments on the above matters as and when necessary.
This announcement is dated 31 March 2014. | |
PRDUREN - Change in Boardroom
| Company Name | PERDUREN (M) BERHAD |
| Stock Name | PRDUREN |
| Date Announced | 31 Mar 2014 |
| Category | Change in Boardroom |
| Reference No | PP-140331-50934 |
| Date of change | 31/03/2014 |
| Name | Wu Sor Hwa |
| Age | 66 |
| Nationality | Malaysian |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Type of change | Resignation |
| Reason | Due to personal commitments |
| 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 Wu obtained a Bachelor of Economics degree from the University of Malaya in 1971. He also holds a Master in Business Management degree from the Asian Institute of Management, Philippines. |
| Working experience and occupation | Mr Wu initially worked for more than 15 years in the merchant banking commercial banking sectors. Subsequently, he held senior executive positions in corporate sectors in Hong Kong and in Malaysia involved principally in financial services and property development/management. Prior to joining the Company, he was the Executive Director of Malaysian Plantations Berhad from 2001 to 2004. |
| Directorship of public companies (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Remarks : |
| Following his resignation as Director of the Company, Mr Wu Sor Hwa will also cease to be a member of the Audit Committee, Nominating Committee and Remuneration Committee. |
PRDUREN - Change in Audit Committee
| Company Name | PERDUREN (M) BERHAD |
| Stock Name | PRDUREN |
| Date Announced | 31 Mar 2014 |
| Category | Change in Audit Committee |
| Reference No | PP-140331-51746 |
| Date of change | 31/03/2014 |
| Name | Teo Chee Kok |
| Age | 46 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Member of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Mr. Teo is a fellow member of the Association of Chartered Certified Accountants and a member of the Malaysian Institute of Accountants both since 1994. |
| Working experience and occupation | Mr. Teo began his career in 1989 with an international public accounting firm based in Kuala Lumpur until 1993. Thereafter from 1994 to 1999, he joined a public listed group of companies with diverse business interest ranging from financial services to plantation. He has over 15 years' experience in corporate finance and related activities. |
| Directorship of public companies (if any) | 1)Tecnic Group Berhad 2)KBB Resources Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| 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' Seri Hj Shaik Daud bin Md Ismail, Chairman, Independent Non-Executive Director 2)Mr Wu Sor Hwa, Member, Independent Non-Executive Director 3) Ms Woo Min Fong, Member, Independent Non-Executive Director 4) Mr Teo Chee Kok, Member, Independent Non-Executive Director |
PRDUREN - Change in Audit Committee
| Company Name | PERDUREN (M) BERHAD |
| Stock Name | PRDUREN |
| Date Announced | 31 Mar 2014 |
| Category | Change in Audit Committee |
| Reference No | PP-140331-51332 |
| Date of change | 31/03/2014 |
| Name | Wu Sor Hwa |
| Age | 66 |
| Nationality | Malaysian |
| Type of change | Cessation of Office |
| Designation | Member of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Mr Wu obtained a Bachelor of Economics degree from the University of Malaya in 1971. He also holds a Master in Business Management degree from the Asian Institute of Management, Philippines. |
| Working experience and occupation | Mr Wu initially worked for more than 15 years in the merchant banking commercial banking sectors. Subsequently, he held senior executive positions in corporate sectors in Hong Kong and in Malaysia involved principally in financial services and property development/management. Prior to joining the Company, he was the Executive Director of Malaysian Plantations Berhad from 2001 to 2004. |
| Directorship of public companies (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| 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' Seri Hj Shaik Daud bin Md Ismail- Chairman, Independent Non-Executive Director 2)Ms Woo Ming Fong, Member, Independent Non-Executive Director 3) Mr Teo Chee Kok, Member, Independent Non-Executive Director |
| Remarks : |
| Mr Wu Sor Hwa has resigned as Director of the Company with effect from 31 March 2014. |
SPSETIA - Changes in Sub. S-hldr's Int. (29B) - KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
| Company Name | S P SETIA BERHAD |
| Stock Name | SPSETIA |
| Date Announced | 31 Mar 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | C&-140331-2C606 |
Particulars of substantial Securities Holder
| Name | KUMPULAN WANG PERSARAAN (DIPERBADANKAN) |
| Address | Aras 4, 5 & 6, Menara Yayasan Tun Razak 200, Jalan Bukit Bintang 55100 Kuala Lumpur |
| NRIC/Passport No/Company No. | KWAPACT6622007 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary - RM0.75 per share |
| Name & address of registered holder | Kumpulan 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 transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 24/03/2014 | 2,000,000 | |
| Acquired | 25/03/2014 | 1,152,400 |
| Remarks : |
| Form 29B received on 31/3/2014 |
NAGAMAS - Proposed Change of Company Name
| Company Name | NAGAMAS INTERNATIONAL BERHAD |
| Stock Name | NAGAMAS |
| Date Announced | 31 Mar 2014 |
| Category | Proposed Change of Company Name |
| Reference No | CS-140326-41651 |
| Proposed company name | JIANKUN INTERNATIONAL BERHAD |
| Remarks : |
| Further to Nagamas International Berhad's ("the Company") announcements dated 20/02/2014, 25/02/2014, 26/02/2014 and 20/03/2014 in relation to the proposed change of company name, the Board of Directors of the Company wishes to announce that the Company has changed its name from Nagamas International Berhad to Jiankun International Berhad with effect from 31 March 2014. The Certificate of Incorporation on Change of Name of Company was issued by the Companies Commission of Malaysia dated 31 March 2014. This announcement is dated 31 March 2014. |
PRLEXUS - OTHERS Prolexus Berhad (“Prolexus” or the “Company”) Striking off a dormant subsidiary pursuant to Section 308 of the Companies Act, 1965
| Company Name | PROLEXUS BERHAD |
| Stock Name | PRLEXUS |
| Date Announced | 31 Mar 2014 |
| Category | General Announcement |
| Reference No | CC-140331-25BA4 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Prolexus Berhad (“Prolexus” or the “Company”) Striking off a dormant subsidiary pursuant to Section 308 of the Companies Act, 1965 |
We refer to the Company’s earlier announcement dated 30 June 2011 in relation to the application to the Suruhanjaya Syarikat Malaysia (“SSM”) for striking off Character World Sdn. Bhd., a wholly-owned subsidiary of Prolexus, pursuant to Section 308 of the Companies Act, 1965 (“the CA”). The Board of Directors of Prolexus wishes to announce that Character World Sdn. Bhd. had been struck off and dissolved following the publication of the notice of striking off pursuant to Section 308(1) of the CA in the Gazette dated 02 December 2013. The notice of striking off pursuant to Section 308(4) of the CA issued by the SSM was received by Charactor World Sdn. Bhd. on 31 March 2014. The striking off and dissolution of Character World Sdn. Bhd. does not have any financial impact on the Prolexus Group. This announcement is dated 31 March 2014. | |
PRLEXUS - Changes in Sub. S-hldr's Int. (29B) - Lau Boon Hwa
| Company Name | PROLEXUS BERHAD |
| Stock Name | PRLEXUS |
| Date Announced | 31 Mar 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-140331-87E1E |
Particulars of substantial Securities Holder
| Name | Lau Boon Hwa |
| Address | 42, Jalan Zapin, Taman Kemajuan, 83000 Batu Pahat, Johor |
| NRIC/Passport No/Company No. | 620627-01-5685 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
| Name & address of registered holder | 1. Lau Boon Hwa of 42, Jalan Zapin, Taman Kemajuan, 83000 Batu Pahat, Johor 2. JE Holdings Sdn. Bhd. ("JE Holdings") of Suite 1608, Level 16, Plaza Pengkalan Batu 3, Jalan Ipoh, 51100 Kuala Lumpur 3. Maybank Nominees (Tempatan) Sdn. Bhd. of 14th Floor, Menara Maybank, 100 Jalan Tun Perak, 50050 Kuala Lumpur (Pledged Securities Account for JE Holdings) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 26/03/2014 | 68,000 |
FRB - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | FORMIS RESOURCES BERHAD |
| Stock Name | FRB |
| Date Announced | 31 Mar 2014 |
| Category | General Announcement |
| Reference No | FR-140321-411B1 |
| Type | Announcement | ||||||||||||
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS | ||||||||||||
| Description | INVESTMENT IN BANCORE A/S (“BANCORE”) EXERCISE OF THE THIRD TRANCHE RIGHT PURSUANT TO THE INVESTMENT AGREEMENT | ||||||||||||
We refer to our announcements made on 1 July 2013, 22 November 2013, 27 November 2013, 2 December 2013, 12 December 2013, 30 January 2014 and 28 February 2014 in respect of the Investment in Bancore on the execution of Investment Agreement and Shareholders’ Agreement (Announcements").
This announcement is dated 31 March 2014. | |||||||||||||
TSH - Changes in Director's Interest (S135) - Datuk (Dr.) Kelvin Tan Aik Pen
| Company Name | TSH RESOURCES BERHAD |
| Stock Name | TSH |
| Date Announced | 31 Mar 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | TR-140331-36111 |
Information Compiled By KLSE
Particulars of Director
| Name | Datuk (Dr.) Kelvin Tan Aik Pen |
| Address | Menara TSH No. 8 Jalan Semantan Damansara Heights 50490 Kuala Lumpur |
| Descriptions(Class & nominal value) | Ordinary shares of RM0.50 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 40,000 |
| Circumstances by reason of which change has occurred | Purchase of shares |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 107,046,426 |
| Direct (%) | 11.93 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 31/03/2014 |
No comments:
Post a Comment