April 28, 2014

Company announcements: AXIATA, WONG, EUROSP, OCTAGON, KEN, VINTAGE, MAGNA, ASIABRN

AXIATA - Changes in Sub. S-hldr's Int. (29B) - Khazanah Nasional Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced28 Apr 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-140428-29F83

Particulars of substantial Securities Holder

NameKhazanah Nasional Berhad
AddressLevel 33, Tower 2, Petronas Twin Towers, Kuala Lumpur City Centre, 50088 Kuala Lumpur
NRIC/Passport No/Company No.275505-K
Nationality/Country of incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderKhazanah Nasional Berhad, Level 33, Tower 2, Petronas Twin Towers, Kuala Lumpur City Centre, 50088 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Transferred21/04/2014
46,400
 
Transferred22/04/2014
11,300
 
Transferred22/04/2014
396,800
 

Circumstances by reason of which change has occurredTransfer of 57,700 Ordinary shares of RM1.00 each in Axiata Group Berhad ("Axiata Shares") from Khazanah Nasional Berhad ("Khazanah") to Axiata's employees via CIMSEC Nominees (Tempatan) Sdn Bhd ("CIMSEC Nominees") in connection with Axiata ESOS^

Transfer of 396,800 Axiata Shares from Axiata's employees to Khazanah via CIMSEC Nominees in connection with Axiata ESOS^





^The transfer of Axiata Shares to Axiata's employees is made in accordance with the Selling Flexibility Arrangement under the Axiata ESOS to facilitate the immediate sale of Axiata Shares by Axiata's employees who have exercised their Axiata ESOS options under this arrangement. Taking into consideration the transfer of shares/return of such number of shares, Khazanah is deemed to have an interest (pursuant to Section 6A of the Companies Act, 1965) in 216,700 Axiata Shares (which is already reflected in Khazanah's indirect/deemed interest disclosed below), being the outstanding number of Axiata Shares to be returned to Khazanah under the Selling Flexibility Arrangement
Nature of interestDirect & Indirect
Direct (units)3,238,919,155 
Direct (%)37.86 
Indirect/deemed interest (units)84,415,540 
Indirect/deemed interest (%)0.99 
Total no of securities after change3,323,334,695
Date of notice25/04/2014

Remarks :
Form 29B received on 28 April 2014


WONG - Reply to Unusual Market Activity

Announcement Type: General Announcement
Company NameWONG ENGINEERING CORPORATION BERHAD  
Stock Name WONG  
Date Announced28 Apr 2014  
CategoryGeneral Announcement
Reference NoWE-140428-61300

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDNM-140428-31034
SubjectReply to Unusual Market Activity
DescriptionWe refer to your letter dated 28 April 2014 on the Reply To Unusual Market Activity. The Board of the Directors of Wong Engineering Corporation Berhad wishes to reply to the queries set out therein as follow:-

1.To provide the details including an update on the status for finalising the agreement for the supply of mechanical and industrial products.

We would like to further clarify that we are in the final stage of negotiation for the supply of mechanical and industrial product to the oil & gas industry. Commencement of such works is however, subject to the execution of the agreement and compliance with the terms and conditions as stipulated in the agreement.

This announcement is dated 28 April 2014.
Query Letter Contents We refer to your Company's reply to unusual market activity query dated 25
April 2014 in respect of the above matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
1. To provide the details including an update on the status for finalising the
agreement for the supply of mechanical and industrial products.

Please furnish Bursa Securities with your reply via an announcement within one
(1) market day from the date hereof.
Yours faithfully


SUZALINA HARUN
Vice President, Issuers
Listing Division
Regulation
WCY/NM
copy to:- General Manager & Head, Market Surveillance Department, Market
Oversight Division, Securities Commission (via fax)

 



EUROSP - Quarterly rpt on consolidated results for the financial period ended 28/2/2014

Announcement Type: Financial Results
Company NameEUROSPAN HOLDINGS BERHAD  
Stock Name EUROSP  
Date Announced28 Apr 2014  
CategoryFinancial Results
Reference NoCC-140428-52915

Financial Year End31/05/2014
Quarter3
Quarterly report for the financial period ended28/02/2014
The figureshave not been audited

Attachments

Eurospan_20140228.pdf
73 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
28/02/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
28/02/2014
28/02/2013
28/02/2014
28/02/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
15,922
12,685
50,504
46,015
2Profit/(loss) before tax
1,286
276
4,698
2,504
3Profit/(loss) for the period
910
275
4,033
2,134
4Profit/(loss) attributable to ordinary equity holders of the parent
910
275
4,033
2,134
5Basic earnings/(loss) per share (Subunit)
2.05
0.62
9.08
4.80
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
1.0380
0.9472
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


EUROSP - PROVISION OF FINANCIAL ASSISTANCE

Announcement Type: General Announcement
Company NameEUROSPAN HOLDINGS BERHAD  
Stock Name EUROSP  
Date Announced28 Apr 2014  
CategoryGeneral Announcement
Reference NoCC-140428-56091

TypeAnnouncement
SubjectPROVISION OF FINANCIAL ASSISTANCE
Description1. Introduction

Pursuant to paragraph 8.23(1)(ii) of the Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Eurospan Holdings Berhad ("EUROSP" or "the Company") wishes to announce that its wholly-owned subsidiary, Eurospan Furniture Sdn Bhd ("EUR") has rendered financial assistance to suppliers of materials as at the third quarter ended 28 February 2014.

2. Details of the provision of financial assistance

Please refer to the table 1 below

The advances given by EUR to the suppliers of raw materials are at no fixed terms of repayment.

3. Rationale for the provision of financial assistance

The provision of financial assistance was to secure the supply of raw materials and was necessary to facilitate the ordinary course of business of EUR.

4. Financial Effects

4.1 Share capital
The provision of financial assistance has no effect on the share capital and shareholdings structure of EUROSP for the quarter ended 28 February 2014.

4.2 Earnings
There is no material impact on the earnings of EUROSP for the quarter ended 28 February 2014.

4.3 Net Assets ("NA")
There is no material impact on the NA of EUROSP for the quarter ended 28 February 2014.

5. Directors and substantial shareholders' interest

None of the Directors of EUROSP, substantial shareholders and persons connected with the Directors and substantial shareholders of EUROSP has any interest, whether direct or indirect, in the provision of financial assistance.


This announcement is dated 28th April, 2014

Table 1

Type of Financial Assistance

Financial Assistance

As at

1 December 2013

During the quarter ended 28 February 2014

As at

28 February 2014

Provided By

Provided To

Interest Free Cash Advance

EUR

Suppliers of raw materials

RM4,827

-

RM4,827



OCTAGON - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameOCTAGON CONSOLIDATED BERHAD  
Stock Name OCTAGON  
Date Announced28 Apr 2014  
CategoryGeneral Meetings
Reference NoOC-140428-760B0

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting28/04/2014
Time10:00 AM
VenueDanau 3, Kota Permai Golf and Country Club,
No.1, Jalan 31/100A, Kota Kemuning,
40460 Shah Alam,
Selangor Darul Ehsan
Outcome of Meeting

We refer to the announcement on the Notice of the Fourteenth Annual General Meeting ("AGM") of Octagon Consolidated Berhad ("Octagon" or "the Company") dated 4 April 2014.

The Board of Directors of the Company is pleased to announce that at the Fourteenth AGM of the Company held on Monday, 28 April 2014, the shareholders of the Company have received and accepted the Audited Financial Statements of the Company for the financial year ended 31 October 2013, and have approved the following resolutions by a show of hands:-

Resolution 1The payment of Directors' Fee for the financial yer ended 31 October 2013
Resolution 2Re-election of Mr. Ong Eng Dee
Resolution 3Re-election of Puan Siti Fatimah Binti Mohd Shariff
Resolution 4Re-election of Encik Hood Bin Osman
Resolution 5Re-election of Dr. Mohammad Kamal Bin Mohd Affandi
Resolution 6Re-election of Encik Salleh Fadzil Bin Hasan
Resolution 7Re-election of Puan Mariam Binti Sulaiman
Resolution 8Re-appointment of Messrs. Baker Tilly AC as Auditors
Resolution 9Authority to Directors to issue ordinary shares pursuant to Section 132D of the Companies Act, 1965
Resolution 11To retain Datuk Wan Kassim Bin Ahmed to continue in office as an Independent Non-Executive Director

In addition to the above, the Board of Directors of the Company also wish to announce that Resolution 10 on the proposed renewal of shareholders' mandate for recurrent related party transactions was approved by way of a poll at the AGM and the results, which was scrutinized by our Independent Auditors, Baker Tilly Monteiro Heng Governance Sdn. Bhd., were as follows:-

(i) 40,141,086 shares representing 51% voted in favour of the resolution;
(ii) There was no shares voted against the resolution; and
(iii) 39,000,000 representing 49% shares were abstained/spoiled votes.

This announcement is dated 28 April 2014.







KEN - Others

Announcement Type: Entitlements (Notice of Book Closure)
Company NameKEN HOLDINGS BERHAD  
Stock Name KEN  
Date Announced28 Apr 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-140428-59149

EX-date14/05/2014
Entitlement date16/05/2014
Entitlement time05:00:00 PM
Entitlement subjectOthers
Entitlement descriptionShare 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 ("Split Share(s)") ("Share Split")
Period of interest payment to
Financial Year End
Share transfer book & register of members will be 16/05/2014 to 16/05/2014 closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noTricor Investor Services Sdn Bhd

Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
Tel No: (603) 2264 3883
Fax No: (603) 2282 1886
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers16/05/2014 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorRatio
Ratio 2 : 1
Rights Issues/Offer Price

Remarks :
The date of the listing of and quotation for the Split Shares shall be on 19 May 2014, being the next market date immediately after the entitlement date.

The notices of allotment will be issued and despatched to all the entitled shareholders of KEN within four (4) market days after the date of the listing of and quotation for the Split Shares on the Main Market of Bursa Malaysia Securities Berhad.

This announcement is dated 28 April 2014.


VINTAGE - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameVTI VINTAGE BERHAD  
Stock Name VINTAGE  
Date Announced28 Apr 2014  
CategoryGeneral Meetings
Reference NoCC-140428-39025

Type of MeetingCourt Convened Meeting
IndicatorNotice of Meeting
DescriptionThe Notice of Court Convened Meeting of VTI Vintage Berhad dated 29 April 2014 is attached.
Date of Meeting23/05/2014
Time11:00 AM
VenueCrystal Room, Level 1, Crystal Crown Hotel, 217, Persiaran Raja Muda Musa, 42000 Pelabuhan Klang, Selangor
Date of General Meeting Record of Depositors16/05/2014

Attachments

Vintage- Notice of CCM.PDF
117 KB



VINTAGE - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameVTI VINTAGE BERHAD  
Stock Name VINTAGE  
Date Announced28 Apr 2014  
CategoryGeneral Meetings
Reference NoCC-140428-38745

Type of MeetingEGM
IndicatorNotice of Meeting
DescriptionThe Notice of the Extraordinary General Meeting of VTI Vintage Berhad dated 29 April 2014 is attached.
Date of Meeting23/05/2014
Time10:00 AM
VenueCrystal Room, Level 1, Crystal Crown Hotel, 217, Persiaran Raja Muda Musa, 42000 Pelabuhan Klang, Selangor
Date of General Meeting Record of Depositors16/05/2014

Attachments

Vintage-Notice of EGM.pdf
177 KB



MAGNA - OTHERS PROPOSED RENEWAL OF AUTHORITY FOR MAGNA PRIMA BERHAD ("MPB") TO PURCHASE ITS OWN SHARES OF UP TO TEN PERCENT (10%) OF ITS ISSUED AND PAID-UP SHARE CAPITAL

Announcement Type: General Announcement
Company NameMAGNA PRIMA BERHAD  
Stock Name MAGNA  
Date Announced28 Apr 2014  
CategoryGeneral Announcement
Reference NoMP-140422-40895

TypeAnnouncement
SubjectOTHERS
DescriptionPROPOSED RENEWAL OF AUTHORITY FOR MAGNA PRIMA BERHAD ("MPB") TO PURCHASE ITS OWN SHARES OF UP TO TEN PERCENT (10%) OF ITS ISSUED AND PAID-UP SHARE CAPITAL

The Board of Directors of MPB wishes to announce that it is proposing to seek shareholders' approval at the coming 19th Annual General Meeting for the proposed renewal of authority for MPB to purchase its own shares of up to ten percent (10%) of its issued and paid-up share capital ("Proposed Renewal of Share Buy-Back").

Information on the Proposed Renewal of Share Buy-Back will be issued to shareholders in due course.

This annoucement is dated 28 April 2014.



ASIABRN - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameASIA BRANDS BERHAD  
Stock Name ASIABRN  
Date Announced28 Apr 2014  
CategoryGeneral Announcement
Reference NoCS-140425-33388

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionASIA BRANDS BERHAD ("ABB" or "THE COMPANY")
- NOTICE OF INTENTION BY A DIRECTOR TO DEAL IN COMPANY'S SHARES DURING CLOSED PERIOD

Pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that the Company has received the following notification from Mr. Cheah Yong Hock, a Director of ABB, who is currently holding the following number of ordinary shares of RM1.00 each in the capital of ABB, of his intention to deal whether directly or indirectly, in the shares of ABB during the closing period prior to the targeted date of announcement to Bursa Malaysia Securities Berhad of the quarterly results for the financial quarter ended 31 March 2014:-
Name of Director
Direct
Indirect
No. of securities
% of securities
No. of securities
% of securities
Cheah Yong Hock
1,125,600
1.42
0
0.00

This announcement is dated 28 April 2014.


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