April 21, 2014

Company announcements: PFCE, FURNWEB, SWSCAP, PICORP, SUCCESS, KAWAN, MINETEC, IRMGRP

PFCE - Changes in Sub. S-hldr's Int. (29B) - Muammar Gadaffi bin Abu Talib

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePFCE BERHAD  
Stock Name PFCE  
Date Announced21 Apr 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPP-140421-64835

Particulars of substantial Securities Holder

NameMuammar Gadaffi bin Abu Talib
AddressNo. 21 Jalan 16/6
46350 Petaling Jaya
Selangor Darul Ehsan
NRIC/Passport No/Company No.751211-02-5951
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderMayban Securities Nominees (Tempatan) Sdn Bhd Pledged Securities Account for PFC Engineering Sdn Bhd

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed17/04/2014
18,180,000
0.300 

Circumstances by reason of which change has occurredDeemed to have an interest pursuant to Section 6A of the Companies Act, 1965 - Sale of shares via direct business transaction by PFC Engineering Sdn Bhd
Nature of interestIndirect Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)16,981,900 
Indirect/deemed interest (%)17.88 
Total no of securities after change16,981,900
Date of notice21/04/2014


PFCE - Changes in Sub. S-hldr's Int. (29B) - Dato' Abu Talib bin Mohamed

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePFCE BERHAD  
Stock Name PFCE  
Date Announced21 Apr 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPP-140421-62723

Particulars of substantial Securities Holder

NameDato' Abu Talib bin Mohamed
AddressNo. 21 Jalan 16/6
46350 Petaling Jaya
Selangor Darul Ehsan
NRIC/Passport No/Company No.480823-01-5445
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderMayban Securities Nominees (Tempatan) Sdn Bhd Pledged Securities Account for PFC Engineering Sdn Bhd

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed17/04/2014
18,180,000
0.300 

Circumstances by reason of which change has occurredDeemed to have an interest pursuant to Section 6A of the Companies Act, 1965 - Sale of shares via direct business transaction by PFC Engineering Sdn Bhd
Nature of interestIndirect Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)16,981,900 
Indirect/deemed interest (%)17.88 
Total no of securities after change16,981,900
Date of notice21/04/2014


PFCE - Changes in Sub. S-hldr's Int. (29B) - PFC Engineering Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePFCE BERHAD  
Stock Name PFCE  
Date Announced21 Apr 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPP-140421-62069

Particulars of substantial Securities Holder

NamePFC Engineering Sdn Bhd
AddressLevel 22 Maju Tower
1001 Jalan Sultan Ismail
50250 Kuala Lumpur
NRIC/Passport No/Company No.268327-K
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderMayban Securities Nominees (Tempatan) Sdn Bhd Pledged Securities Account for PFC Engineering Sdn Bhd

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed17/04/2014
18,180,000
0.300 

Circumstances by reason of which change has occurredSale of shares via direct business transaction
Nature of interestDirect Interest
Direct (units)16,981,900 
Direct (%)17.88 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change16,981,900
Date of notice21/04/2014


FURNWEB - Change in Principal Officer

Announcement Type: Change in Principal Officer
Company NameFURNIWEB INDUSTRIAL PRODUCTS BERHAD  
Stock Name FURNWEB  
Date Announced21 Apr 2014  
CategoryChange in Principal Officer
Reference NoCC-140331-57602

Date of change21/04/2014
NameChan Yan San
Age45
NationalityMalaysian
DesignationChief Financial Officer
Type of changeResignation
ReasonTo pursue other career opportunities.
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
Qualifications
Working experience and occupation
Family relationship with any director and/or major shareholder of the listed issuerNil
Any conflict of interests that he/she has with the listed issuer or its subsidiariesNil
Details of any interest in the securities of the listed issuer or its subsidiariesNil


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

Announcement Type: Financial Results
Company NameSWS CAPITAL BERHAD  
Stock Name SWSCAP  
Date Announced21 Apr 2014  
CategoryFinancial Results
Reference NoCM-140421-38555

Financial Year End31/08/2014
Quarter2
Quarterly report for the financial period ended28/02/2014
The figureshave not been audited

Attachments

2Q2014.pdf
36 KB

2Q2014-notes.pdf
63 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
31,667
24,373
64,254
50,564
2Profit/(loss) before tax
1,284
5
3,369
686
3Profit/(loss) for the period
1,002
5
2,857
686
4Profit/(loss) attributable to ordinary equity holders of the parent
740
219
2,182
768
5Basic earnings/(loss) per share (Subunit)
0.58
0.17
1.72
0.61
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 ($$)
0.5187
0.4961
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


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

Announcement Type: General Announcement
Company NamePROGRESSIVE IMPACT CORPORATION BERHAD  
Stock Name PICORP  
Date Announced21 Apr 2014  
CategoryGeneral Announcement
Reference NoCK-140418-34922

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
DescriptionPROGRESSIVE IMPACT CORPORATION BERHAD (“PICORP” OR “THE COMPANY”)
- PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR EXISTING RECURRENT RELATED PARTY TRANSACTIONS ("THE PROPOSAL")

The Company had at its Annual General Meeting held on 23 May 2013 obtained the authority from its shareholders for PICORP and its subsidiaries (“Group”) to enter into recurrent related party transactions of a revenue or trading nature which are necessary for the Group’s day-to-day operations (“Shareholders’ Mandate”).

The Shareholders' Mandate will expire at the conclusion of the forthcoming Annual General Meeting (“AGM”) of the Company. The Company intends to seek its shareholders' approval for the Proposed Renewal of Shareholders’ Mandate at the Company's forthcoming AGM.

A Circular on the Proposal will be despatched to the shareholders of PICORP in due course.





SUCCESS - OTHERS SUCCESS TRANSFORMER CORPORATION BERHAD (“STC” OR THE “COMPANY”) (I) PROPOSED RENEWAL OF EXISTING SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (“RRPT”) (“PROPOSED SHAREHOLDERS’ MANDATE");AND (II) PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES (“PROPOSED RENEWAL OF SHARE BUY-BACK MANDATE”).

Announcement Type: General Announcement
Company NameSUCCESS TRANSFORMER CORPORATION BERHAD  
Stock Name SUCCESS  
Date Announced21 Apr 2014  
CategoryGeneral Announcement
Reference NoCM-140418-65948

TypeAnnouncement
SubjectOTHERS
DescriptionSUCCESS TRANSFORMER CORPORATION BERHAD (“STC” OR THE “COMPANY”)

(I) PROPOSED RENEWAL OF EXISTING SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (“RRPT”) (“PROPOSED SHAREHOLDERS’ MANDATE");AND

(II) PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES (“PROPOSED RENEWAL OF SHARE BUY-BACK MANDATE”).

The Board of Directors of STC ("Board") wishes to announce that the Company proposes to seek the shareholders' approval for the Proposed Shareholders' Mandate and Proposed Renewal of Share Buy-Back Mandate.

The Company had, on 12 June 2013, obtained its shareholders' mandates to enter into RRPT which are necessary for the day-to-day operations of STC and its subsidiary companies and to purchase in aggregate of up to 10% of its issued and paid-up share capital. The said mandates shall lapse at the conclusion of the forthcoming annual general meeting ("AGM") of STC, unless approval for its renewal is obtained from the shareholders of the Company at the forthcoming AGM.

A Circular to Shareholders containing the details of the Proposed Shareholders' Mandate and Proposed Renewal of Share Buy-Back Mandate will be despatched to the shareholders of STC in due course.

This announcement is dated 21 April 2014

 



KAWAN - OTHERS Kawan Food Berhad ("KAWAN" or "the Company") - Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("RRPTs")

Announcement Type: General Announcement
Company NameKAWAN FOOD BERHAD  
Stock Name KAWAN  
Date Announced21 Apr 2014  
CategoryGeneral Announcement
Reference NoCC-140417-BADD6

TypeAnnouncement
SubjectOTHERS
DescriptionKawan Food Berhad ("KAWAN" or "the Company")
- Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("RRPTs")
The Board of Directors of KAWAN wishes to announce that pursuant to paragraph 10.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), KAWAN proposes to seek its shareholders' approval at the forthcoming Tenth Annual General Meeting (“AGM”) to renew the Shareholders' Mandate for the RRPTs (referred to as "Proposed Renewal of Shareholders’ Mandate for RRPTs").
The existing Shareholders' Mandate approved by the shareholders at the Ninth AGM of the Company held on 31 May 2013 will expire at the conclusion of the forthcoming Tenth AGM.


The Proposed Renewal of Shareholders' Mandate for RRPTs, if approved by the shareholders at the Tenth AGM, will enable KAWAN and its subsidiaries to continue entering into the RRPTs with the related parties which are necessary for the Group's day-to-day operations. The RRPTs are in the ordinary course of business, made at arm's length, on normal commercial terms and on terms not more favourable to the related parties than those generally available to the public and are not to be detrimental to minority shareholders.


A Circular to Shareholders in relation to the Proposed Renewal of Shareholders' Mandate for RRPTs will be distributed to the shareholders in due course.


This announcement is dated 21 April 2014.


MINETEC - OTHERS Minetech Resources Berhad ("MRB" or "the Company") - Proposed Renewal of Existing Share Buy-Back Authority

Announcement Type: General Announcement
Company NameMINETECH RESOURCES BERHAD  
Stock Name MINETEC  
Date Announced21 Apr 2014  
CategoryGeneral Announcement
Reference NoCC-140421-31736

TypeAnnouncement
SubjectOTHERS
DescriptionMinetech Resources Berhad ("MRB" or "the Company")
- Proposed Renewal of Existing Share Buy-Back Authority

The Board of Directors of MRB is pleased to announce that the Company proposes to seek the shareholders' approval for the Proposed Renewal of Existing Share Buy-Back Authority at the forthcoming Annual General Meeting ("AGM").

A Statement to Shareholders containing details of the Proposed Renewal of Existing Share Buy-Back Authority will be despatched to the shareholders together with the Annual Report of the Company for the financial year ended 31 December 2013 in due course.

This announcement is dated 21 April 2014.


IRMGRP - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameIRM GROUP BERHAD  
Stock Name IRMGRP  
Date Announced21 Apr 2014  
CategoryGeneral Announcement
Reference NoMI-140421-66524

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionIRM GROUP BERHAD (“IRM” OR “COMPANY”)

PROPOSED DISPOSAL BY INDUSTRIAL RESINS (MALAYSIA) SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF IRM GROUP BERHAD TO POLYMERLATEX SDN BHD OF TWO (2) 5,000 CUBIC METERS SPHERE TANKS AND ONE (1) 3,800 CUBIC METERS CYLINDER TANK PLUS ASSOCIATED EQUIPMENT IN PASIR GUDANG, JOHOR, FOR A TOTAL CASH CONSIDERATION OF RM12,500,000 (“PROPOSED DISPOSAL OF CHEMICAL STORAGE TERMINAL”)

Announcement Details/Table Section

Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those in the circular to shareholders of IRM dated 15 January 2014 in relation to the Proposed Disposals.

We refer to the announcements made by the Company on 9 December 2013 and  30 January 2014 in relation to Proposed Disposal of Chemical Storage Terminal.


On behalf of the Board of IRM, KAF Investment wishes to announce that on 16 April 2014, by way of an exchange of letter, IRMSB and PolymerLatex has agreed to proceed with the completion of the Proposed Disposal of Chemical Storage Terminal.


Please refer to the attachment for details of the announcement
.

This announcement is dated 21 April 2014.



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