HUNZPTY - Notice of Shares Buy Back - Immediate Announcement
| Company Name | HUNZA PROPERTIES BERHAD |
| Stock Name | HUNZPTY |
| Date Announced | 21 May 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CP-140521-640B5 |
| Remarks : |
| The amount paid for share purchased is inclusive of commission, clearing house fee and stamp duty. |
EIG - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD
| Company Name | ESTHETICS INTERNATIONAL GROUP BERHAD |
| Stock Name | EIG |
| Date Announced | 21 May 2014 |
| Category | General Announcement |
| Reference No | C&-140521-8D715 |
| Type | Announcement | ||||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD | ||||||||||||||||||||
| Description | Pursuant to Paragraph 14.08(d) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following directors have transacted dealings in the securities of Esthetics International Group Berhad as set out in table below. This announcement is dated 21 May 2014. | ||||||||||||||||||||
(1) Acquisition of securities by Providence Capital Sdn Bhd. Deemed interest by virtue of interest in Providence Capital Sdn Bhd
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SUNREIT - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
| Company Name | SUNWAY REAL ESTATE INVESTMENT TRUST |
| Stock Name | SUNREIT |
| Date Announced | 21 May 2014 |
| Category | General Announcement |
| Reference No | SR-140521-63950 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | SUNWAY REAL ESTATE INVESTMENT TRUST (“SUNREIT”) - LETTER OF AWARD TOTALING APPROXIMATELY RM21.7 MILLION TO DECO STYLE SDN BHD IN RELATION TO THE PROPOSED REFURBISHMENT OF SUNWAY PUTRA TOWER |
1. INTRODUCTION On 7 May 2013 RHB Trustees Berhad (formerly known as OSK Trustees Berhad) as trustee for SUNREIT (“the Trustee”) had approved the capital expenditure for the refurbishment of Sunway Putra Tower ("Project") and has duly authorised Sunway REIT Management Sdn Bhd, the Manager for SUNREIT (”the Manager”) to appoint the relevant contractors and consultants for the said Project. On 21 May 2014, the Manager has, pursuant to the authority given by the Trustee, awarded Deco Style Sdn Bhd (“Deco Style”), a wholly-owned subsidiary of Sunway City Sdn Bhd (“SunCity”) which in turn is a wholly-owned subsidiary of Sunway Berhad (“Sunway”) as the project delivery partner (PDP) for the refurbishment of the following areas of Sunway Putra Tower including upgrading works to the mechanical and electrical equipment and services:- i. Ground Floor Reception & Lift Lobby ii. Level 5 – Level 8 Carpark Lift Lobby iii. Level 10 – Level 19 & Level 22 – Level 33 Office Lift Lobby, Public Washroom & Executive Washroom iv. Signages v. Supply and Install of New Lift Cars (C4 to C6, C1 to C3) vi. Common mechanical and electrical (M&E) Works [hereinafter referred to as the “Works/Award”]. 2. INFORMATION ON SUNWAY, SUNCITY, DECO STYLE, THE MANAGER, THE TRUSTEE AND SUNREIT 2.1 Sunway Sunway is a company incorporated in Malaysia and having its registered office at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 47500 Subang Jaya, Selangor Darul Ehsan. The authorised and paid-up share capital of Sunway are RM10,000,000,000.00 and RM1,723,678,466.00 respectively. The principal activities of Sunway are investment holding and provision of management services. 2.2 SunCity SunCity, a wholly-owned subsidiary of Sunway, is a company incorporated in Malaysia and having its registered office at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 47500 Subang Jaya, Selangor Darul Ehsan. The authorised and paid-up share capital of SunCity are RM3,500,000,000.00 and RM251,354.14 respectively. The principal activity of SunCity is investment holding. 2.3 Deco Style Deco Style, a wholly-owned subsidiary of SunCity, is a company incorporated in Malaysia and having its registered office at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 47500 Subang Jaya, Selangor Darul Ehsan. The authorised and paid-up share capital of Deco Style are RM5,000,000.00 and RM2,000,000.00 respectively. The principal activity of Deco Style is specialising in renovation of commercial projects. 2.3 The Manager The Manager (also referred to as “the Employer” under the Award), a subsidiary of Sunway, is a company incorporated in Malaysia and having its registered office at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 47500 Subang Jaya, Selangor Darul Ehsan. The authorised and paid-up share capital of the Manager are RM1,000,000.00 respectively. The principal activity of the Manager is management of real estate investment fund. 2.4 The Trustee The Trustee is a company incorporated in Malaysia and having its registered office at Level 10, Tower One, RHB Centre, Jalan Tun Razak, 50400 Kuala Lumpur. It is registered as a trust company under the Trust Companies Act, 1949. The principal activity of the Trustee is providing professional private and corporate trustee services. The present authorised share capital of the Trustee is RM25,000,000.00 comprising 2,500,000 ordinary shares of RM10.00 each, of which 1,200,000 are currently issued and credited as partially paid-up of RM5.00 each in the Trustee. 2.5 SUNREIT SUNREIT was established pursuant to a Deed dated 20 May 2010 (as amended by a Supplementary Deed dated 10 June 2010) entered into between the Manager and the Trustee. The principal investment policy of SUNREIT is to invest in commercial, office, industrial and other real estate assets. 3. SALIENT TERMS OF THE AWARD The salient terms of the Award are as follows:- 3.1 The Provisional Contract Sum shall be in the amount of RM21,661,631.01 (Ringgit Malaysia Twenty One Million Six Hundred Sixty One Thousand Six Hundred Thirty One and Sen One Only). The price is deemed to include the cost of all works necessary for the timely and satisfactory completion of the Works in its entirety. 3.2 The Works shall be fully completed within (a) eleven (11) months from the date of commencement which is the date that possession of site is handed over to Deco Style (“Completion Date”). 3.3 Deco Style shall be responsible for delivering to the Employer the Works fully functional and operational within the Completion Date. Deco Style is fully responsible and liable for the due performance by all the Work Contractors who are awarded the works packages comprised in the Works. 3.4 In the event of any delay to the completion of the Works as specified, an amount of Ringgit Malaysia Two Thousand (RM2,000.00) per day shall be imposed on Deco Style as liquidated damages. 3.5 The Defect Liability Period (DLP) shall be twenty four (24) months after issuance of Certificate of Practical Completion (CPC) of the Works. 3.6 Before the expiry of the Tender Bond, Deco Style shall submit to the Employer a Performance Bond in the form of an approved Banker's Guarantee for the sum of Ringgit Malaysia One Million Eighty Three Thousand Eighty One and Sen Fifty Five only (RM1,083,081.55) being 5% of the Contract Sum as security for the proper and due performance of the Works. 4. RATIONALE The refurbishment of Sunway Putra Tower is to be undertaken via a PDP arrangement. A PDP is based on a cost-plus arrangement whereby a PDP is appointed at a pre-refurbishment stage to leverage on the PDP’s capability, experience and resources from an early stage to potentially achieve lower cost and shorter completion period. Deco Style is appointed as the PDP based on the following justifications:- - It is a reputable company with good track record; - It has the necessary expertise and resources to undertake the project; and - All sub-contractors’ packages forming the total construction cost will be competitively tendered and the margin for such PDP arrangement is within market range.
5. EFFECTS OF THE AWARD 5.1 On Unit Capital and Substantial Unitholders’ Unitholding The Award will not have any effect on the total units of SUNREIT in issue and substantial unitholders’ unitholding of SUNREIT as they do not involve any allotment or issuance of new units by SUNREIT. 5.2 On Net Asset Value (“NAV”) The Award will have no material impact or changes to the unaudited NAV of SUNREIT at the time of completion. 5.3 On Earnings The Award is not expected to have any material effect on the earnings of SUNREIT for the financial year ending 30 June 2014. 6. APPROVALS REQUIRED Pursuant to the Securities Commission’s Guidelines on Real Estate Investment Trusts, the Award does not require approvals from the Securities Commission or the unitholders of SUNREIT. 7. DIRECTORS' AND MAJOR UNITHOLDERS' INTERESTS Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling is the Chairman and Non-Independent Non-Executive Director of the Manager and the Executive Chairman and a Non-Independent Executive Director of Sunway. Ms Sarena Cheah Yean Tih is a Non-Independent Non-Executive Director of the Manager and a Non-Independent Executive Director of Sunway. Dato’ Ngeow Voon Yean is a Non-Independent Non-Executive Director of the Manager who has direct interest in Sunway and indirect interest in SUNREIT’s units through his spouse and child. In the interest of good corporate governance, as he also sits on the Board of Management Committee of Sunway and on the board of directors of certain subsidiaries of Sunway, he has opted to abstain and will continue to abstain from all deliberations and from voting in respect of the Award. Sunway is a major unitholder of SUNREIT. Tan Sri Dato’ Seri Dr Jeffrey Cheah Fook Ling has direct as well as indirect interests in SUNREIT via Sunway. Puan Sri Datin Seri (Dr) Susan Cheah Seok Cheng, Sarena Cheah Yean Tih, Evan Cheah Yean Shin, Sungei Way Corporation Sdn Bhd and Active Equity Sdn Bhd being major shareholders of Sunway also have deemed interest in SUNREIT via Sunway. Accordingly, Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling, Sarena Cheah Yean Tih and Dato’ Ngeow Voon Yean have abstained from all deliberations and from voting in respect of the Award. Save as disclosed above, none of the other directors of the Manager or major unitholders of SUNREIT or persons connected with them has any interest, direct or indirect, in the Award. 8. THE MANAGER’S AUDIT COMMITTEE’S RECOMMENDATION The Audit Committee of the Manager, approved the Award in-principle on the basis that it is a PDP approach (cost-plus) for a construction related project provided that a post reporting and evaluation of the performance of Deco Style is conducted. As such, the Audit Committee is of the opinion that the Award is in the best interests of SUNREIT and is not detrimental to the interests of the non-interested unitholders of SUNREIT. The Audit Committee of the Manager is of the view that the Award is fair, reasonable, on normal commercial terms and carried out on an arm’s length basis. 9. STATEMENT BY THE BOARD OF DIRECTORS Save and except for Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling, Sarena Cheah Yean Tih and Dato’ Ngeow Voon Yean (who have abstained from deliberation and voting in the Board of the Manager in respect of the Award), the Board of Directors of the Manager (subject to the basis recommended by the Audit Committee) is of the opinion that the Award is in the best interests of SUNREIT and is not detrimental to the interests of the non-interested unitholders of SUNREIT. The Board of Directors of the Manager is of the view that the Award is fair, reasonable, on normal commercial terms and carried out on an arm’s length basis. This announcement is dated 21 May 2014.
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PCHEM - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | PETRONAS CHEMICALS GROUP BERHAD |
| Stock Name | PCHEM |
| Date Announced | 21 May 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | PC-140521-60F6B |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19 Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur. |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FUND BOARD. |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 16/05/2014 | 1,000,000 |
| Remarks : |
| Form 29B dated 19 May 2014 was received by the Company on 21 May 2014 |
HBGLOB - Change in Audit Committee
| Company Name | HB GLOBAL LIMITED |
| Stock Name | HBGLOB |
| Date Announced | 21 May 2014 |
| Category | Change in Audit Committee |
| Reference No | CC-140414-63752 |
| Date of change | 21/05/2014 |
| Name | Dr Wong Tat Loong |
| Age | 53 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Member of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | 1. Malaysian Institute of Certified Accountants (1987), MICPA 2. Malaysian Institute of Accountant (1988,) MIA 3. Malaysian Institute of Management, MIM 4. MBA (IT Management) 5. Certified Public Accountant, Australia 6. Honorary Doctorate of Civil Law by European University of Business Studies |
| Working experience and occupation | Dr Wong is a qualified Chartered Accountant in Malaysia and CPA in Australia, a member of the Malaysia Institute of Certified Public Accountants (MICPA), Malaysia Institute of Accountants (MIA) and The Australian Institute of Certified Public Accountants (CPA Aus) and also completed an MBA in IT Management. He is an entrepreneur and currently is the Director and Financial Consultant of Mihana Hotel Group based in Japan and Director of RING Co Ltd, a Japanese holding company owner of hotel and management, golf course, retirement homes in Japan, Group Director of Zeltrans Group of companies, where the Group’s principal business activities are software development, IT Consulting, E commerce and its related activities, and Business Process Outsourcing. His involvement in the ICT industry about 7 years and with offices both in Malaysia and China. He is also Director of EIWA Environment CO Ltd, a Japanese Company specialized in waste water management system, Director of Yingjie Holding Co Ltd, a holding company in Hong Kong owner of a Chengdu Yingjie Technology (Chengdu) Co Ltd, specialized in aquaculture and food processing. He is also a Practicing Accountant, specialising in auditing and taxation and also a Financial Management Advisor, specialising in public listing, corporate finance, restructuring, merger and acquisition, liquidation and receivership and other financial related activities. |
| 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) | Yang Chin Shen (Chairman) - Independent Non-Executive Director Dr Wong Tat Loong (Member) - Independent Non-Executive Director |
HBGLOB - Change in Boardroom
| Company Name | HB GLOBAL LIMITED |
| Stock Name | HBGLOB |
| Date Announced | 21 May 2014 |
| Category | Change in Boardroom |
| Reference No | CC-140411-66624 |
| Date of change | 21/05/2014 |
| Name | DR WONG TAT LOONG |
| Age | 52 |
| Nationality | MALAYSIAN |
| Type of change | Appointment |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Qualifications | 1. Malaysian Institute of Certified Accountants (1987), MICPA 2. Malaysian Institute of Accountant (1988,) MIA 3. Malaysian Institute of Management, MIM 4. MBA (IT Management) 5. Certified Public Accountant, Australia 6. Honorary Doctorate of Civil Law by European University of Business Studies |
| Working experience and occupation | Dr Wong is a qualified Chartered Accountant in Malaysia and CPA in Australia, a member of the Malaysia Institute of Certified Public Accountants (MICPA), Malaysia Institute of Accountants (MIA) and The Australian Institute of Certified Public Accountants (CPA Aus) and also completed an MBA in IT Management. He is an entrepreneur and currently is the Director and Financial Consultant of Mihana Hotel Group based in Japan and Director of RING Co Ltd, a Japanese holding company owner of hotel and management, golf course, retirement homes in Japan, Group Director of Zeltrans Group of companies, where the Group’s principal business activities are software development, IT Consulting, E commerce and its related activities, and Business Process Outsourcing. His involvement in the ICT industry about 7 years and with offices both in Malaysia and China. He is also Director of EIWA Environment CO Ltd, a Japanese Company specialized in waste water management system, Director of Yingjie Holding Co Ltd, a holding company in Hong Kong owner of a Chengdu Yingjie Technology (Chengdu) Co Ltd, specialized in aquaculture and food processing. He is also a Practicing Accountant, specialising in auditing and taxation and also a Financial Management Advisor, specialising in public listing, corporate finance, restructuring, merger and acquisition, liquidation and receivership and other financial related activities. |
| 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 |
CAP - Final Dividend
| Company Name | CHINA AUTOMOBILE PARTS HOLDINGS LIMITED |
| Stock Name | CAP |
| Date Announced | 21 May 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CC-140520-C3324 |
CAP - GENERAL MEETINGS: NOTICE OF MEETING
| Company Name | CHINA AUTOMOBILE PARTS HOLDINGS LIMITED |
| Stock Name | CAP |
| Date Announced | 21 May 2014 |
| Category | General Meetings |
| Reference No | CC-140520-C3059 |
| Type of Meeting | AGM |
| Indicator | Notice of Meeting |
| Description | CHINA AUTOMOBILE PARTS HOLDINGS LIMITED - NOTICE OF THE SECOND ANNUAL GENERAL MEETING |
| Date of Meeting | 13/06/2014 |
| Time | 10:00 AM |
| Venue | FR 2, 1st Floor Kuala Lumpur Golf and Country Club No. 10, Jalan 1/70D Off Jalan Bukit Kiara 60000 Kuala Lumpur Malaysia |
| Date of General Meeting Record of Depositors | 09/06/2014 |
LBS - Changes in Director's Interest (S135) - DATUK LIM HOCK GUAN
| Company Name | LBS BINA GROUP BERHAD |
| Stock Name | LBS |
| Date Announced | 21 May 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | LB-140521-542A3 |
Information Compiled By KLSE
Particulars of Director
| Name | DATUK LIM HOCK GUAN |
| Address | 83, Jalan SS7/2, Kelana Jaya, 47301 Petaling Jaya, Selangor Darul Ehsan. |
| Descriptions(Class & nominal value) | Ordinary Shares of RM1.00 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 90,000 |
| Circumstances by reason of which change has occurred | Open market purchase |
| Nature of interest | Indirect |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | |
| Direct (%) | |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 21/05/2014 |
| Remarks : |
| Other securities of LBS held as at 21.05.2014:- Total LBS shares :4,518,800 shares (own name), 265,859,160 shares (held through Gaterich Sdn Bhd (formerly known as Intelrich Sdn Bhd)) and 5,000 shares (held through spouse) Total Options under ESOS : 1,625,000 options Total LBS 2008/2018 Warrants : 1,326,160 warrants (own name)and 38,378,946 warrants (held through Gaterich Sdn Bhd (Formerly known as Intelrich Sdn Bhd)). |
LBS - Changes in Director's Interest (S135) - DATO' SRI LIM HOCK SAN
| Company Name | LBS BINA GROUP BERHAD |
| Stock Name | LBS |
| Date Announced | 21 May 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | LB-140521-542B1 |
Information Compiled By KLSE
Particulars of Director
| Name | DATO' SRI LIM HOCK SAN |
| Address | No. 9, Legenda Putera (Jalan PJU 1A/57), Damansara Legenda, 47410 Petaling Jaya, Selangor Darul Ehsan. |
| Descriptions(Class & nominal value) | Ordinary Shares of RM1.00 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 90,000 |
| Circumstances by reason of which change has occurred | Open market purchase |
| Nature of interest | Indirect |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | |
| Direct (%) | |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 21/05/2014 |
| Remarks : |
| Other securities of LBS held as at 21.05.2014:- Total LBS shares :10,676,100 (own name), 265,859,160 shares (held through Gaterich Sdn Bhd (Formerly known as Intelrich Sdn Bhd)) and 838,500 shares (held through spouse and children) Total LBS 2008/2018 Warrants : 38,378,946 warrants (held through Gaterich Sdn Bhd (Formerly known as Intelrich Sdn Bhd)). |
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