May 8, 2014

Company announcements: GLOBALC, BARAKAH, HARNLEN, HAIO, MULPHAL, NOMAD, MAHSING, SPSETIA, EKOVEST

GLOBALC - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company NameGLOBAL CARRIERS BERHAD  
Stock Name GLOBALC  
Date Announced8 May 2014  
CategoryGeneral Announcement
Reference NoCC-140508-60789

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionGLOBAL CARRIERS BHD (“GCB” or “the Company”)
- RESTRAINING ORDER

The Board of Directors of the Company wishes to announce that the Company and one (1) of its subsidiary had on 7 May 2014 obtained an order from the High Court of Malaya at Kuala Lumpur (“the High Court”) which inter alia, granted the Company leave to convene a Scheme Creditors meeting to consider and/or approve a Proposed Restructuring Scheme and Creditors Scheme of Arrangement and ordered that all further proceedings and/or actions against GCB including but not limited to any winding-up, execution and/or arbitration proceedings be restrained for a period of 90 days from the date of the order (the order in this paragraph shall hereinafter be referred to as “the Restraining Order”).

 

1. The Restraining Order was granted to GCB and its subsidiary, namely GCP Tower Sdn. Bhd. (collectively referred to as "the Applicants") so that the Applicants are able to file an application under Section 176(1) and 176(10) of the Companies Act, 1965, to be given leave to convene scheme creditors meetings for the purpose of considering and if thought fit approving, with or without modification, a Proposed Restructuring Scheme and Creditors Scheme of Arrangement ("the Proposed Scheme").

 

2. The Restraining Order will allow the Company to finalise the Proposed Scheme, pursuant to its PN17 Regularization Plan, of which the finalized details will be announced in due course.

 

3. The Restraining Order is not expected to have any material impact on the financial and operational matters of the Company.


This announcement is dated 8 May 2014.



BARAKAH - OTHERS BARAKAH OFFSHORE PETROLEUM BERHAD AWARD OF CONTRACT FOR THE ENGINEERING, PROCUREMENT, CONSTRUCTION AND COMMISSIONING OF BIODIESEL FACILITIES

Announcement Type: General Announcement
Company NameBARAKAH OFFSHORE PETROLEUM BERHAD  
Stock Name BARAKAH  
Date Announced8 May 2014  
CategoryGeneral Announcement
Reference NoCC-140508-58418

TypeAnnouncement
SubjectOTHERS
DescriptionBARAKAH OFFSHORE PETROLEUM BERHAD

AWARD OF CONTRACT FOR THE ENGINEERING, PROCUREMENT, CONSTRUCTION AND COMMISSIONING OF BIODIESEL FACILITIES

Barakah Offshore Petroleum Berhad ("Barakah" or the “Company") is pleased to announce that its wholly-owned subsidiary company, PBJV Group Sdn Bhd has received a letter of award from PETRONAS Dagangan Berhad (“PDB”) for the engineering, procurement, construction and commissioning of biodiesel storage and blending facilities and its associated accessories at PDB Fuel Terminals in East Malaysia in Sepangar Bay, Sandakan, Labuan, and Miri (“Contract”). 

 

Work for the Contract is expected to commence immediately and is scheduled to be completed by September 2014.

 

The value of the Contract is RM29 million. The Contract is expected to contribute positively towards the earnings and net assets per share of Barakah Group for the duration of the Contract.

 

Risk factors affecting the Contract include, but not limited to, execution risks such as availability of skilled manpower and materials and changes in prices of materials. Barakah Group has the requisite resources and expertise to undertake such projects.

 

As such, the management believes that Barakah Group is able to mitigate the abovementioned risk factors.

 

None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of the Company has any direct or indirect interest in the Contract.

 


This announcement is dated 8 May 2014.



HARNLEN - MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)

Announcement Type: General Announcement
Company NameHARN LEN CORPORATION BHD  
Stock Name HARNLEN  
Date Announced8 May 2014  
CategoryGeneral Announcement
Reference NoCJ-140508-52313

TypeAnnouncement
SubjectMONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
DescriptionMonthly Plantation Production - April 2014

On behalf of the Board of Directors of Harn Len Corporation Bhd, we would like to announce the crop production for the month of April 2014 as per the table below:

Products
Total (metric tonnes)
1
Fresh Fruit Bunches
13,006.86
2
Crude Palm Oil
6,528.07
3
Palm Kernel
1,404.44

This announcement is dated 8 May 2014.


HAIO - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company NameHAI-O ENTERPRISE BERHAD  
Stock Name HAIO  
Date Announced8 May 2014  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoCP-140508-56137

Date of buy back from28/04/2014
Date of buy back to05/05/2014
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)167,800
Minimum price paid for each share purchased ($$)2.450
Maximum price paid for each share purchased ($$)2.500
Total amount paid for shares purchased ($$)418,474.17
The name of the stock exchange through which the shares were purchased BURSA MALAYSIA SECURITIES BERHAD
Number of shares purchased retained in treasury (units)167,800
Total number of shares retained in treasury (units)6,088,288
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished
Date lodged with registrar of companies08/05/2014
Lodged by CORPORATE PARTNERS (ASIA) SDN BHD


MULPHAL - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameMULPHA LAND BERHAD  
Stock Name MULPHAL  
Date Announced8 May 2014  
CategoryGeneral Meetings
Reference NoMI-140508-34623

Type of MeetingEGM
IndicatorNotice of Meeting
DescriptionPROPOSED DISPOSAL BY MULPHA LAND BERHAD OF A PARCEL OF FREEHOLD LAND HELD UNDER GERAN 10561, LOT 11279, MUKIM AMPANG, DAERAH KUALA LUMPUR, NEGERI WILAYAH PERSEKUTUAN TOGETHER WITH A 5-STOREY BUILDING COMPRISING 12 CONDOMINIUM UNITS ERECTED THEREON, TO THE GOVERNMENT OF THE ISLAMIC REPUBLIC OF IRAN (REPRESENTED BY ITS EMBASSY OF THE ISLAMIC REPUBLIC OF IRAN, KUALA LUMPUR) FOR A TOTAL CASH CONSIDERATION OF RM34,300,000
Date of Meeting26/05/2014
Time02:30 PM
VenueLevel 11, Menara Mudajaya, No. 12A, Jalan PJU 7/3, Mutiara Damansara, 47810 Petaling Jaya, Selangor Darul Ehsan, Malaysia
Date of General Meeting Record of Depositors19/05/2014

Attachments

MLB - Notice of EGM.pdf
159 KB



NOMAD - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameTHE NOMAD GROUP BHD  
Stock Name NOMAD  
Date Announced8 May 2014  
CategoryGeneral Meetings
Reference NoCC-140508-A532B

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting08/05/2014
Time10:00 AM
VenueNomad 1, The Nomad Sucasa
222, Jalan Ampang
50450 Kuala Lumpur
Wilayah Persekutuan (KL)
Outcome of Meeting

We refer to the announcement dated 15 April 2014 in relation to the notice of Annual General Meeting ("AGM") dated 16 April 2014 ("Notice").

The Board of Directors of The Nomad Group Bhd ("The Nomad" or "Company") wishes to announce that all the resolutions (as set out in the Notice) have been approved by the shareholders of The Nomad as tabled at the AGM held today.

IN FAVOUR

AGAINST

No. of Shares

%

No. of Shares

%

Ordinary Resolution 1 - Receive the Audited Financial Statements of the Company for the financial year ended 31 December 2013 and the Directors' and Auditors' Reports thereon

176,300,806

100.00

0

0.00

Ordinary Resolution 2 - Declaration of Final Single Tier Dividend

176,300,806

100.00

0

0.00

Ordinary Resolution 3 - Payment of Directors' Fees

176,300,806

100.00

0

0.00

Ordinary Resolution 4 - Re-election of Ms Josephine Premla Sivaretnam

176,300,806

100.00

0

0.00

Ordinary Resolution 5 - Re-appointment of Auditors

176,300,806100.00

0

0.00

Ordinary Resolution 6 - Retention of Mr Loh Yeow Boo

176,300,806100.00

0

0.00

Ordinary Resolution 7 - Retention of Datuk Mohd Nasir bin Ali

176,300,806

100.00

0

0.00

Special Ordinary Resolution 1 - Proposed Amendments to the Articles of Association - Appointment of Multiple Proxies by an Exempt Authorised Nominee

142,654,051

80.92

33,646,755

19.08

Special Ordinary Resolution 2 - Proposed Amendments to the Articles of Association - Qualifications of Proxy

142,654,051

80.92

33,646,755

19.08

Special Ordinary Resolution 3 - Proposed Amendments to the Articles of Association - Rights of Proxy to Speak

142,654,051

80.92

33,646,755

19.08

This announcement is dated 8 May 2014.



MAHSING - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board ("EPF")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMAH SING GROUP BERHAD  
Stock Name MAHSING  
Date Announced8 May 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMS-140508-96E19

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board ("EPF")
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 holder1. Employees Provident Fund Board

2. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board

3. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (RHB INV)

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)
Acquired05/05/2014
170,000
 

Circumstances by reason of which change has occurredAcquisition of shares by EPF's fund manager
Nature of interestDirect
Direct (units)125,277,292 
Direct (%)8.776 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change125,277,292
Date of notice06/05/2014

Remarks :
Form 29B received on 8 May 2014.


SPSETIA - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameS P SETIA BERHAD  
Stock Name SPSETIA  
Date Announced8 May 2014  
CategoryChange in Boardroom
Reference NoSP-140507-67062

Date of change01/05/2014
NameDato' Khor Chap Jen
Age54
NationalityMalaysian
Type of changeRedesignation
Previous PositionExecutive Director
New PositionDeputy President
DirectorateExecutive
QualificationsBachelor of Engineering (Hons) (University of Malaya)
Fellow of the Institution of Engineers, Malaysia
Professional Engineer registered with the Board of Engineers, Malaysia.  
Working experience and occupation Dato Khor is currently the Executive Vice-President of the S P Setia Berhad Group of Companies. He oversees the northern and central region of the Property Divisions as well as the Construction Division of the Group. He also oversees the Group’s overseas subsidiaries in Australia and Vietnam.

Dato’ Khor joined the S P Setia Berhad Group in 1995 and was previously the General Manager of the Property Division prior to being seconded to Setia Putrajaya Sdn Bhd as the Deputy Chief Executive Officer. His secondment to this Joint-Venture company from year 1997 to 2000 was to lead the team in the development of the Government’s New Administrative Centre in Putrajaya. During his stint there, he played a prominent role in the successful completion of the prestigious Prime Minister’s Office Complex and the Prime Minister’s Official Residence. He has also successfully delivered over 5000 apartment units to house the civil servants in Putrajaya.

Prior to joining the S P Setia Berhad Group, Dato’ Khor was the Associate Director for Jurutera Perunding Kemajuan Sdn Bhd, an engineering consultancy firm. He was involved in the design and construction of housing, industrial, highways and infrastructure projects. Among the notable projects are the North-South Expressway and the KESAS Highway. Dato’ Khor has in all, over 30 years of experience in the construction and property development industry.

Dato’ Khor is the current REHDA (Selangor Branch) Chairman. He is also an EXCO member of REHDA National and Chairman of the Planning Policies & Standards Committee.  
Directorship of public companies (if any)Ecopark Nusantara Homeowners Berhad
Damai 14 Homeowners Berhad
Damai 1516 Homeowners Berhad 
Family relationship with any director and/or major shareholder of the listed issuerNIL 
Any conflict of interests that he/she has with the listed issuerNIL 
Details of any interest in the securities of the listed issuer or its subsidiaries- 280,000 Ordinary Shares of RM0.75 each under Employee Share Grant Plan
- 8,000,000 Ordinary Shares of RM0.75 each under Employee Share Option Scheme 

Remarks :
Pursuant to the announcment made on 20 January 2014, Dato' Khor Chap Jen was appointed Acting Deputy President with effect from 1 May 2014 until 30 April 2015.


SPSETIA - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameS P SETIA BERHAD  
Stock Name SPSETIA  
Date Announced8 May 2014  
CategoryChange in Boardroom
Reference NoSP-140507-66213

Date of change01/05/2014
NameDato' Voon Tin Yow
Age56
NationalityMalaysian
Type of changeRedesignation
Previous PositionChief Operating Officer
New PositionPresident & Chief Exec. Officer
DirectorateExecutive
QualificationsBachelor of Science Degree in Civil Engineering
Master of Science Degree (University of Texas, Austin) 
Working experience and occupation Dato’ Voon has 29 years of working experience in the construction and property development industry, which includes 3 years in construction site management and 26 years in management of property development. He began his working career in 1984 by joining Kimali Construction Sdn Bhd as a Site Engineer and in 1986, he held the post of Development Engineer in Juru Bena Tenaga Sdn Bhd. In 1990, he joined Syarikat Kemajuan Jerai Sdn Bhd (“SKJ”) as Project Manager and was subsequently appointed as the General Manager of SKJ in 1994. He was appointed Director of S P Setia Berhad on 15 July 1996 and the Chairman of Risk Management Committee on 29 October 2003.  
Directorship of public companies (if any)NIL 
Family relationship with any director and/or major shareholder of the listed issuerNIL 
Any conflict of interests that he/she has with the listed issuerNIL 
Details of any interest in the securities of the listed issuer or its subsidiaries- Direct interest of 29,898 Ordinary Shares of RM0.75 each
- 336,000 Ordinary Shares of RM0.75 each under Employee Share Grant Plan
- 9,600,000 Ordinary Shares of RM0.75 each under Employee Share Option Scheme 

Remarks :
Pursuant to the announcement made on 20 January 2014, Dato' Voon Tin Yow was appointed Acting President and Cheif Executive Officer of the Company with effect from 1 May 2014 until 30 April 2015.


EKOVEST - OTHERS CHANGE OF NAME OF A WHOLLY-OWNED SUBSIDIARY, PROMPT CAPITAL SDN BHD TO EKOVEST CAPITAL SDN BHD

Announcement Type: General Announcement
Company NameEKOVEST BERHAD  
Stock Name EKOVEST  
Date Announced8 May 2014  
CategoryGeneral Announcement
Reference NoEE-140507-57882

TypeAnnouncement
SubjectOTHERS
DescriptionCHANGE OF NAME OF A WHOLLY-OWNED SUBSIDIARY, PROMPT CAPITAL SDN BHD TO EKOVEST CAPITAL SDN BHD

Ekovest Berhad wishes to announce that its wholly-owned subsidiary, Prompt Capital Sdn Bhd has changed its name to Ekovest Capital Sdn Bhd as per Borang 13 dated 5 May 2014 received from Suruhanjaya Syarikat Malaysia.


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