MUDAJYA - OTHERS Mudajaya Group Berhad ("the Company") - Memorandum of Agreement between PT Indomuda Satria Internusa and PT Harmoni Energy Indonesia and Mudajaya Corporation Berhad
| Company Name | MUDAJAYA GROUP BERHAD |
| Stock Name | MUDAJYA |
| Date Announced | 5 May 2014 |
| Category | General Announcement |
| Reference No | MG-140430-A6718 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Mudajaya Group Berhad ("the Company") - Memorandum of Agreement between PT Indomuda Satria Internusa and PT Harmoni Energy Indonesia and Mudajaya Corporation Berhad |
The Board of Directors of Mudajaya is pleased to announce that Mudajaya Corporation Berhad, its wholly-owned subsidiary has on 2 May 2014 entered into a Memorandum of Agreement ("MOA") with PT Indomuda Satria Internusa ("PT ISI") and PT Harmoni Energy Indonesia ("PT HEI") to acquire 70% equity interest in PT HEI. The salient information of the MOA is as follows:- (a) PT ISI is in the business of engineering, procurement and construction, power generation, Independent Power Producer (IPP), oil & gas drilling (offshore and onshore), coal mining and trading and is desirous of sharing business ventures to work together with Mudajaya Corporation Berhad and/or its nominated subsidiaries ("MCB"). (b) On 13 July 2011, PT ISI’s 70%-owned subsidiary, PT HEI which is a special purpose vehicle (“SPV”) entered into a Power Purchase Agreement (“PPA”) with PT PLN (Persero) Wilayah Sulawesi Selatan, Sulawesi Tenggara dan Sulawesi Barat for the development of 2 x 7 MW coal-fired power plant on a Build-Operate-Transfer concept for 25 years in Desa Baruta Analalaki, in Sulawesi, Indonesia (“Project”). The tariff rates for year 1 to year 8 is USD0.118487/kWh (equivalent to RM0.385083/kWh) and year 9 to year 25 is USD0.093840/kWh (equivalent to RM0.304980/kWh).
(c) PT HEI is currently constructing the Project and the Commercial Operation Date ("COD") of the 2 x 7 MW coal-fired power plant is expected to be achieved by end of year 2014. (d) PT HEI has secured a coal supply agreement for the duration of the PPA, where the quantity and the pricing of the coal have been finalised and agreed. (e) PT ISI is now desirous of selling up to 70% of its equity interest in PT HEI to MCB and MCB is desirous of acquiring the said stake in PT HEI from PT ISI for a total consideration of USD5.8 million only (equivalent to RM18.5 million) (“Proposed Acquisition"). Upon the satisfactory completion of the financial, legal, technical and commercial due diligences by MCB, all Parties shall enter into a Share Sale and Purchase Agreement ("SSPA") for MCB to acquire 70% equity interest in PT HEI. This Proposed Acquisition is not subject to any approval from the shareholders of the Company. This Proposed Acquisition, if completed as per the MOA, is expected to contribute positively towards the earnings and net assets of the Group in the current and future financial years. None of the Directors or major shareholders of the Company or persons connected to them has any interest, direct or indirect, in the MOA. This announcement is dated 5 May 2014. | |
WASEONG - OTHERS WAH SEONG CORPORATION BERHAD (“WSC” OR “THE COMPANY”) • PROPOSED RENEWAL OF AUTHORITY TO BUY-BACK ITS OWN SHARES BY THE COMPANY; AND • PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR THE EXISTING RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROVISION OF FINANCIAL ASSISTANCE (COLLECTIVELY REFERRED TO AS “PROPOSALS”
| Company Name | WAH SEONG CORPORATION BERHAD |
| Stock Name | WASEONG |
| Date Announced | 5 May 2014 |
| Category | General Announcement |
| Reference No | WS-140505-61797 |
| Type | Announcement |
| Subject | OTHERS |
| Description | WAH SEONG CORPORATION BERHAD (“WSC” OR “THE COMPANY”) • PROPOSED RENEWAL OF AUTHORITY TO BUY-BACK ITS OWN SHARES BY THE COMPANY; AND • PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR THE EXISTING RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROVISION OF FINANCIAL ASSISTANCE (COLLECTIVELY REFERRED TO AS “PROPOSALS” |
The Board of Directors of WSC wishes
to inform that the Company intends to seek its shareholders’ approval on the
following Proposals at its forthcoming Annual General Meeting:
a) the renewal of authority to
buy-back its own shares of up to ten per centum (10%) of the issued and paid-up
share capital of the Company; and b) the renewal of existing
shareholders’ mandate for WSC and/or its subsidiaries to enter into recurrent
related party transactions of a revenue or trading nature and provision of
financial assistance.
A Circular containing the details of the Proposals will be issued and despatched to the shareholders of the Company in due course. This announcement is dated 5 May 2014.
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WASEONG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | WAH SEONG CORPORATION BERHAD |
| Stock Name | WASEONG |
| Date Announced | 5 May 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | WS-140505-30679 |
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 RM0.50 each |
| Name & address of registered holder | Employees Provident Fund Board Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur (521,724 ordinary shares of RM0.50 each) Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board] Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur (28,327,437 ordinary shares of RM0.50 each) Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (AM INV)] Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur (6,149,850 ordinary shares of RM0.50 each) Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (NOMURA)] Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur (8,219,729 ordinary shares of RM0.50 each) Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (CIMB PRI)] Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur (1,425,700 ordinary shares of RM0.50 each) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 29/04/2014 | 1,425,700 |
| Remarks : |
| 1. Purchase of 1,425,700 shares by Citigroup Nominees (Tempatan) Sdn Bhd for Employees Provident Fund Board (CIMB PRI). 2. The Notice of Change in the Interest of Substantial Shareholder dated 30 April 2014 was received on 5 May 2014 from Citigroup Nominees (Tempatan) Sdn Bhd reporting on behalf of Employees Provident Fund Board. |
PRESBHD - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):BONUS ISSUES
| Company Name | PRESTARIANG BERHAD |
| Stock Name | PRESBHD |
| Date Announced | 5 May 2014 |
| Category | General Announcement |
| Reference No | MM-140505-42222 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES |
| Description | PRESTARIANG BERHAD (“PRESTARIANG”) BONUS ISSUE OF 220,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN PRESTARIANG (“PRESTARIANG SHARES”) (“BONUS SHARES”) TO BE CREDITED AS FULLY PAID-UP, ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY ONE (1) EXISTING PRESTARIANG SHARE HELD BY THE ENTITLED SHAREHOLDERS ON THE ENTITLEMENT DATE (“BONUS ISSUE”) |
We refer to the announcements dated 20 February 2014, 12 March 2014, 20 March 2014, 31 March 2014, 1 April 2014, and 16 April 2014 in relation to the Bonus Issue. All abbreviations herein shall have the same meanings as those used in the abovementioned announcements unless stated otherwise. On behalf of the Board of Directors of Prestariang, CIMB Investment Bank Berhad wishes to announce that 220,000,000 new Prestariang Shares have been issued pursuant to the Bonus Issue. The new Prestariang Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Tuesday, 6 May 2014. This announcement is dated 5 May 2014.
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PARKSON - Notice of Shares Buy Back - Immediate Announcement
| Company Name | PARKSON HOLDINGS BERHAD |
| Stock Name | PARKSON |
| Date Announced | 5 May 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | PH-140505-63105 |
AEON - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | AEON CO. (M) BHD |
| Stock Name | AEON |
| Date Announced | 5 May 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-140505-5444D |
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 RM1.00 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board Level 42, Menara Citibank 165, Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 29/04/2014 | 117,600 |
| Remarks : |
| The total number of 30,529,000 Ordinary Shares of RM1.00 each are held as follows: 1) 19,395,800 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board 2) 500,000 Ordinary Shares of RM1.00 each are registered in the name of Employees Provident Fund Board 3) 3,123,500 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA) 4) 2,506,900 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI) 5) 64,900 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON) 6) 4,937,900 Ordinary Shares of RM1.00 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN) The Form 29B was received by the Company on 5 May 2014. |
PUNCAK - MATERIAL LITIGATION
| Company Name | PUNCAK NIAGA HOLDINGS BERHAD |
| Stock Name | PUNCAK |
| Date Announced | 5 May 2014 |
| Category | General Announcement |
| Reference No | PN-140505-846B2 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY") KUALA LUMPUR HIGH COURT SUIT NO: 22NCC-1478-09/2011 SYARIKAT BEKALAN AIR SELANGOR SDN BHD ("SYABAS") VS SELANGOR STATE GOVERNMENT & FEDERAL GOVERNMENT (THIRD PARTY) (THE "SUIT") |
Reference is made to the Company's earlier announcements dated 8 September 2011, 9 September 2011, 22 September 2011, 10 October 2011,14 October 2011, 4 November 2011, 21 November 2011, 29 November 2011, 14 December 2011, 23 December 2011, 26 January 2012, 16 February 2012, 5 March 2012, 28 March 2012, 17 April 2012, 27 April 2012, 30 April 2012, 8 May 2012, 15 May 2012, 23 May 2012, 25 May 2012, 29 May 2012, 14 June 2012, 22 June 2012, 28 June 2012, 12 July 2012, 14 August 2012, 17 August 2012, 7 September 2012, 30 October 2012, 17 December 2012, 5 February 2013, 15 February 2013, 1 March 2013, 11 April 2013, 22 August 2013, 23 August 2013, 4 September 2013, 11 September 2013, 19 September 2013, 1 October 2013, 3 October 2013, 7 November 2013, 11 November 2013, 10 December 2013, 20 January 2014,14 February 2014, 7 March 2014, 4 April 2014 and 8 April 2014 in relation to the Suit. The Company would like to update the Exchange that at the Mention held today, the Selangor State Government's counsel informed the Kuala Lumpur High Court that the Selangor State Government had on 30 April 2014 filed its Notice of Motion for Leave to Appeal to the Federal Court against the decision of the Court of Appeal dated 2 April 2014 which had allowed SYABAS' appeal against the decision of the Kuala Lumpur High Court dated 13 February 2014 (which had dismissed SYABAS' application to amend the Writ of Summons and re-amend the Statement of Claim to add CIMB Investment Bank Berhad as Co-Plaintiff). The Kuala Lumpur High Court accordingly fixed the matter for Mention on 5 August 2014. This announcement is dated 5 May 2014. | |
PUNCAK - MATERIAL LITIGATION
| Company Name | PUNCAK NIAGA HOLDINGS BERHAD |
| Stock Name | PUNCAK |
| Date Announced | 5 May 2014 |
| Category | General Announcement |
| Reference No | PN-140505-BFBE5 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY") KUALA LUMPUR HIGH COURT SUIT NO.D4-22-1452-2006 BETWEEN JAKS-KDEB CONSORTIUM SDN BHD ("PLAINTIFF") - V- 1. PERBADANAN URUS AIR SELANGOR BERHAD ("PUAS BERHAD")(1ST DEFENDANT) 2. SYARIKAT BEKALAN AIR SELANGOR SDN BHD ("SYABAS")(2ND DEFENDANT) 3. KERAJAAN NEGERI SELANGOR DARUL EHSAN (3RD DEFENDANT) (HEREINAFTER REFERRED TO AS THE "SUIT") - APPLICATION FOR LEAVE TO APPEAL TO THE FEDERAL COURT BY THE PLAINTIFF |
Reference is made to the Company's earlier announcements dated 20 October 2006, 7 November 2006, 17 November 2006, 20 November 2006, 22 November 2006, 15 January 2007, 13 February 2007, 22 March 2007, 4 April 2007, 14 June 2007, 20 August 2007, 21 August 2007, 3 October 2007, 6 December 2007, 27 February 2008, 21 May 2008, 15 July 2008, 7 August 2008, 19 November 2008, 17 December 2008, 14 January 2009, 23 January 2009, 9 April 2009, 20 May 2009, 6 July 2009, 7 July 2009, 22 July 2009, 11 August 2009, 8 October 2009, 2 November 2009, 13 November 2009, 18 November 2009, 12 January 2010, 25 March 2010, 5 April 2010, 10 May 2010, 4 June 2010, 4 August 2010, 29 September 2010, 12 October 2010, 20 December 2010, 24 January 2011, 29 March 2011, 10 June 2011, 12 September 2011, 5 October 2011, 15 November 2011, 4 December 2012, 10 January 2013, 26 February 2013, 22 May 2013, 27 August 2013, 28 August 2013, 5 September 2013, 15 November 2013, 19 December 2013, 4 February 2014, 10 February 2014 and 19 February 2014 in relation to the Suit. The Court of Appeal had previously on 14 November 2013 dismissed the Appeal filed by JAKS-KDEB Consortium Sdn Bhd against the decision of the Kuala Lumpur High Court dated 5 October 2011 (which had dismissed JAKS-KDEB's claim against SYABAS and the other two Defendants) with costs of RM40,000.00 awarded to SYABAS and PUAS and RM15,000.00 awarded to Kerajaan Negeri Selangor. | |
PUNCAK - MATERIAL LITIGATION
| Company Name | PUNCAK NIAGA HOLDINGS BERHAD |
| Stock Name | PUNCAK |
| Date Announced | 5 May 2014 |
| Category | General Announcement |
| Reference No | PN-140505-509CD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY") KUALA LUMPUR HIGH COURT APPLICATION FOR JUDICIAL REVIEW NO: R2-25-67-03/2014 PUNCAK NIAGA (M) SDN BHD – APPLICANT LEMBAGA URUS AIR SELANGOR AND SELANGOR STATE GOVERNMENT – RESPONDENTS |
Reference is made to the Company's earlier announcements dated 20 March 2014, 27 March 2014 and 10 April 2014 in relation to the above. As previously announced, the hearing of PNSB’s substantive application for Judicial Review is fixed on 16 May 2014. This announcement is dated 5 May 2014. | |
STONE - MULTIPLE PROPOSALS
| Company Name | STONE MASTER CORPORATION BERHAD |
| Stock Name | STONE |
| Date Announced | 5 May 2014 |
| Category | General Announcement |
| Reference No | MI-140505-61643 |
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