April 17, 2014

Company announcements: GENTING, UMW, NESTLE, TM, FGV, IGBREIT, ELKDESA

GENTING - OTHERS GENTING BERHAD ("GENT") - PROPOSED RENEWAL OF THE AUTHORITY FOR GENT TO PURCHASE ITS OWN SHARES - PROPOSED EXEMPTION UNDER PARAGRAPH 24.1, PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS 2010 ("2010 CODE")

Announcement Type: General Announcement
Company NameGENTING BERHAD  
Stock Name GENTING  
Date Announced17 Apr 2014  
CategoryGeneral Announcement
Reference NoGG-140417-72757

TypeAnnouncement
SubjectOTHERS
DescriptionGENTING BERHAD ("GENT")
- PROPOSED RENEWAL OF THE AUTHORITY FOR GENT TO PURCHASE ITS OWN SHARES
- PROPOSED EXEMPTION UNDER PARAGRAPH 24.1, PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS 2010 ("2010 CODE")

At the last Annual General Meeting ("AGM") of GENT held on 13 June 2013, the shareholders of GENT had approved the authority for GENT to purchase its own shares of an amount, which, when aggregrated with the treasury shares, does not exceed 10% of its prevailing issued and paid-up share capital at any time ("Share Buy-Back Authority")

The Share Buy-Back Authority will expire at the conclusion of GENT''s forthcoming AGM.

The Board of Directors of GENT wishes to announce that GENT intends to seek the approval of its shareholders for the proposed renewal of the authority for GENT to purchase its own shares of an amount which, when aggregated with existing treasury shares, does not exceed 10% of GENT’s prevailing issued and paid-up share capital at any time (“Proposed Share Buy-Back Renewal”) at the forthcoming AGM to be convened.

As KHR directly holds approximately 39.52% of the voting shares in GENT, and together with persons acting in concert ("PACs") with it, collectively hold approximately 45.70% of the voting shares in GENT as at 2 April 2014, the purchase by GENT of its own shares (pursuant to the Proposed Share Buy-Back Renewal) may trigger an obligation by KHR and the PACs to undertake a mandatory take-over offer on the remaining voting shares in GENT under the 2010 Code. In this regard, KHR and the PACs intend to apply to the Securities Commission (“SC”) for an exemption under Paragraph 24.1, Practice Note 9 of the 2010 Code (“Proposed Exemption”). Pursuant to the 2010 Code, the SC may consider granting the Proposed Exemption if the approval of the independent shareholders of GENT is obtained. Accordingly, GENT proposes to table the Proposed Exemption together with the Proposed Share Buy-Back Renewal at the AGM.

A statement containing the details of the Proposed Share Buy-Back Renewal and Proposed Exemption will be despatched to the shareholders of GENT in due course.

This announcement is dated 17 April 2014.



UMW - 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 NameUMW HOLDINGS BERHAD  
Stock Name UMW  
Date Announced17 Apr 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoUH-140417-65523

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 RM0.50 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)
Disposed14/04/2014
101,500
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestIndirect interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%)16.74 
Total no of securities after change195,597,104
Date of notice15/04/2014

Remarks :
Form 29B was received on 17th April 2014


NESTLE - Quarterly rpt on consolidated results for the financial period ended 31/3/2014

Announcement Type: Financial Results
Company NameNESTLE (MALAYSIA) BERHAD  
Stock Name NESTLE  
Date Announced17 Apr 2014  
CategoryFinancial Results
Reference NoNN-140415-61105

Financial Year End31/12/2014
Quarter1
Quarterly report for the financial period ended31/03/2014
The figureshave not been audited

Attachments

03KLSEreporting2014.pdf
142 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/03/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/03/2014
31/03/2013
31/03/2014
31/03/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
1,272,712
1,227,351
1,272,712
1,227,351
2Profit/(loss) before tax
238,813
243,115
238,813
243,115
3Profit/(loss) for the period
183,527
184,417
183,527
184,417
4Profit/(loss) attributable to ordinary equity holders of the parent
183,527
184,417
183,527
184,417
5Basic earnings/(loss) per share (Subunit)
78.26
78.64
78.26
78.64
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 ($$)
4.2600
3.4800
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


TM - 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 NameTELEKOM MALAYSIA BERHAD  
Stock Name TM  
Date Announced17 Apr 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTM-140417-49EB7

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 Share of RM0.70 each
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
Employees Provident Fund Board
Level 42, Menara Citibank
165 Jalan Ampang, 50450 Kuala Lumpur.

3) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (AMUNDI)
Level 42, Menara Citibank
165 Jalan Ampang, 50450 Kuala Lumpur.

4) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (HDBS)
Level 42, Menara Citibank
165 Jalan Ampang, 50450 Kuala Lumpur.

5) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (RHB INV)
Level 42, Menara Citibank
165 Jalan Ampang, 50450 Kuala Lumpur.

6) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (AM INV)
Level 42, Menara Citibank
165 Jalan Ampang, 50450 Kuala Lumpur.

7) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (NOMURA)
Level 42, Menara Citibank
165 Jalan Ampang, 50450 Kuala Lumpur.

8) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (CIMB PRI)
Level 42, Menara Citibank
165 Jalan Ampang, 50450 Kuala Lumpur.

9) Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (ARIM)
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)
Acquired14/04/2014
6,000,000
 
Disposed14/04/2014
1,710,000
 

Circumstances by reason of which change has occurred(a) Acquisition of 6,000,000 shares by Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board; and

(b) Disposal of 1,710,000 shares by Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (HDBS).
Nature of interestDirect
Direct (units)339,315,400 
Direct (%)9.48 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change339,315,400
Date of notice15/04/2014

Remarks :
The notice was received by Telekom Malaysia Berhad on 17 April 2014.


FGV - 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 NameFELDA GLOBAL VENTURES HOLDINGS BERHAD  
Stock Name FGV  
Date Announced17 Apr 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoFG-140417-F91D3

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 Share of RM1.00 each
Name & address of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD
LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG
50450 KUALA LUMPUR

CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FUND BOARD - 243,742,600

EMPLOYEES PROVIDENT FUND BOARD - 1,500,000

CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FD BD (AMUNDI) - 6,300,000

CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FD BD(KAF FM) - 1,200,000

CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FD BD (NOMURA) - 5,258,100

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed14/04/2014
126,700
 

Circumstances by reason of which change has occurredCITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FD BD (NOMURA) - Disposal of 126,700 shares on 14 April 2014
Nature of interestDirect
Direct (units)258,000,700 
Direct (%)7.07 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change258,000,700
Date of notice15/04/2014

Remarks :
Received notice on 17 April 2014


FGV - 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 NameFELDA GLOBAL VENTURES HOLDINGS BERHAD  
Stock Name FGV  
Date Announced17 Apr 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoFG-140417-B3E57

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 share of RM1.00 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)
Disposed09/04/2014
47,700
 

Circumstances by reason of which change has occurredDisposal of 47,700 shares in open market by KWAP's Fund Manager on 09 April 2014
Nature of interestDirect
Direct (units)265,217,600 
Direct (%)7.27 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change265,217,600
Date of notice16/04/2014

Remarks :
Received notice on 17 April 2014


FGV - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NameFELDA GLOBAL VENTURES HOLDINGS BERHAD  
Stock Name FGV  
Date Announced17 Apr 2014  
CategoryGeneral Announcement
Reference NoFG-140417-20716

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionFGV Signs MOU with EVYAP SABUN MALAYSIA SDN BHD

Pursuant to paragraph 9.04(o) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad Felda Global Ventures Holdings Berhad (‘FGV’) wishes to announce that it has signed a non-binding Memorandum of Understanding (‘MOU’) on 17th April 2014 with EVYAP Group (‘EVYAP’) through its subsidiary EVYAP SABUN MALAYSIA SDN BHD (‘EVYAP M’) in Ankara, Turkey witnessed by the YAB Prime Minister Dato’ Seri Mohd Najib bin Tun Abdul Razak.

EVYAP Group is a Turkish conglomerate, one of the largest soap, personal care and hygiene care producers in the region. EVYAP Group is a market leader in Turkey, Russia and Middle East and North Africa region and exporting to more than 100 countries.

EVYAP M is a company registered in Malaysia, with an investment of USD200 million in a largest Oleo-Chemical Plant in Johor, Malaysia. EVYAP M plans to have a business synergy with FGV, being one of the world’s largest palm oil producer.

The collaboration is to explore the possibility of FGV supplying palm oil to EVYAP M based on their requirement and needs. The development is in line with FGV’s expansion through innovative palm-based products, which is not only focused on food.

The MOU sets out the understanding and intention of the parties during this interim exploratory period. The MOU shall remain valid for 6 months or such extended period as agreed in writing by the parties.

None of the Directors nor major shareholders of FGV or persons connected with them have any interest, direct or indirect, in the MOU.

This announcement is dated 17th April 2014.



FGV - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NameFELDA GLOBAL VENTURES HOLDINGS BERHAD  
Stock Name FGV  
Date Announced17 Apr 2014  
CategoryGeneral Announcement
Reference NoFG-140417-34D22

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionFGV- Signs MOU with Nanokomp in Ankara, Turkey

Pursuant to paragraph 9.04(o) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Felda Global Ventures Holdings Berhad (‘FGV’) wishes to announce that Felda Global Ventures – Cambridge Nanosystems Limited (‘FGV-CNL’), a subsidiary of FGV, has signed a non-binding Memorandum of Understanding (‘MOU’) on 17th April 2014 with NANOKOMP ĪLERI TEKNOLOJĪ MALZEMELERĪ ARGE DAN. ĪNS TĪC. LTD.STĪ (‘NANOKOMP’) a Turkish company in Ankara, Turkey witnessed by the YAB Prime Minister Dato’ Seri Mohd Najib bin Tun Abdul Razak.

NANOKOMP wishes to explore the possibility of collaborating with FGV-CNL, the superior producer of graphene and nanotubes, in business opportunities supplying graphene and nanotubes to NANOKOMP’s customers in Europe and other parts of the world.

The MOU sets out the understanding and intention of the parties during this interim exploratory period. The MOU shall remain valid for 6 months or such extended period as agreed in writing by the parties.

None of the Directors nor major shareholders of FGV or persons connected with them have any interest, direct or indirect, in the MOU.

This announcement is dated 17th April 2014.



IGBREIT - 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 NameIGB REAL ESTATE INVESTMENT TRUST  
Stock Name IGBREIT  
Date Announced17 Apr 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIR-140417-7DB40

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)Units in IGB Real Estate Investment Trust ("IGB REIT")
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)
Disposed11/04/2014
40,200
 

Circumstances by reason of which change has occurredDisposal of units in the open market by KWAP's Fund Manager.
Nature of interestDirect
Direct (units)173,462,720 
Direct (%)5.06 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change173,462,720
Date of notice17/04/2014

Remarks :
Form 29B was received on 17/04/2014.


ELKDESA - Profile for Loan Stocks

Announcement Type: Listing Information & Profile
Company NameELK-DESA RESOURCES BERHAD  
Stock Name ELKDESA  
Date Announced17 Apr 2014  
CategoryListing Information & Profile
Reference NoCU-140417-56842

Instrument TypeLoan Stocks
DescriptionEight (8)-year, 3.25%, irredeemable convertible unsecured loan stock ("ICULS") issued pursuant to the Rights Issue of ICULS 
Listing Date18/04/2014
Issue Date15/04/2014
Issue/ Ask PriceMYR 1.0000
Issue Size IndicatorCurrency
Issue Size in CurrencyMYR 100,000,000.0000
Maturity Date14/04/2022
Revised Maturity Date 
Exercise/ Conversion Period8.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion PriceMYR 1.2500
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion RatioPlease refer to remarks
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion priceTendering of securities
Settlement Type/ Convertible intoPhysical (Shares)

Remarks :
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the Abridged Prospectus issued by ELK-Desa Resources Berhad ("ELK-Desa") dated 18 March 2014.

The ICULS are issued pursuant to the renounceable rights issue of RM100,000,000 nominal value of eight (8)-year irredeemable convertible unsecured loan stock at 100% of the nominal value of RM1.00 each on the basis of four (4) Rights ICULS of RM1.00 each in nominal value for every five (5) existing ordinary shares of RM1.00 each in ELK-Desa ("ELK-Desa Share (s)") held as at 5.00 p.m. on 18 March 2014 ("Rights Issue of ICULS"). The coupon rate for the ICULS is at a fixed rate of 3.25% per annum calculated on the nominal value of the ICULS payable annually up to and including the last market day prior to the eight (8th) anniversary of the date of the issuance of the ICULS ("Maturity Date").

The conversion price of the ICULS is RM1.25 for every one (1) new ELK-Desa Share. The conversion price of the ICULS will be subjected to adjustment in accordance with the provisions of the trust deed dated 28 February 2014. The ICULS is for the tenure of eight (8) years and may be convertible into new ELK-Desa Shares on any market day from the second (2nd) anniversary of the date of the issue of the ICULS up to and including the Maturity Date.


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