RPB - Changes in Director's Interest (S135) - Tan Sin Chong
| Company Name | RELIANCE PACIFIC BERHAD |
| Stock Name | RPB |
| Date Announced | 7 May 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | RP-140505-54868 |
Information Compiled By KLSE
Particulars of Director
| Name | Tan Sin Chong |
| Address | Unit 12.01, Fraser West Tower, Gasing Heights Condominium 92 Jalan 5/60, 46000 Petaling Jaya, Selangor |
| Descriptions(Class & nominal value) | 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) |
Disposed | -350,000 | ||
Disposed | -264,400 | ||
Disposed | -150,000 | ||
Disposed | -860,000 |
| Circumstances by reason of which change has occurred | Disposal of shares |
| Nature of interest | Direct and indirect interest |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 29,000 |
| Direct (%) | 0 |
| Indirect/deemed interest (units) | 3,469,900 |
| Indirect/deemed interest (%) | 0.4 |
| Date of notice | 07/05/2014 |
MAXTRAL - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | MAXTRAL INDUSTRY BERHAD |
| Stock Name | MAXTRAL |
| Date Announced | 7 May 2014 |
| Category | General Announcement |
| Reference No | CC-140507-59594 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROPOSED DISPOSAL OF PLANTATION LAND HELD UNDER COUNTRY LEASE NO. 065320541 MEASURING APPROXIMATELY 1,195 HECTARES (2,952.845 ACRES) LOCATED AT KAMPUNG KODOP LAMA IN THE DISTRICT OF RANAU, SABAH |
The Board of Directors of Maxtral
Industry Berhad (Company No. 585401-H) (“Maxtral” or the “Company”) wishes to announce that
Hutan Tropika Sdn Bhd (Company No. 751354-A) (“HTSB”), a 70% owned subsidiary of the
Company has on 30 April 2014 entered into a Sales and Purchase
Agreement (“SPA”) with Dr. Tan Eng Heong (NRIC No. 700214-10-6159) and Mr
Sonny Toik (NRIC No. 751212-12-5507) in respect of the Proposed Disposal of the Property. 1. INFORMATION OF HTSB HTSB was incorporated on 20 October 2006 under the Companies Act, 1965. The present authorized share capital of HTSB is 100,000 ordinary shares of RM1.00 each of which 10 ordinary shares of RM1.00 each have been issued and fully paid-up. 2. DETAILS OF PURCHASERS The purchasers, namely, Dr. Tan Eng Heong (NRIC No. 700214-10-6159) of No. 5, Jalan USJ18/1, UEP, 47620 Subang Jaya, Selangor and Mr Sonny Toik (NRIC No. 751212-12-5507) of Kg. Tampasak, 89507 Penampang, Sabah are Malaysian Citizen ("Purchasers"). 3. DETAILS OF THE TRANSACTION The Board of Directors of the Company wishes to inform that HTSB has on 30 April 2014 entered into a SPA with the Purchaser in respect of the sale of the property held under Country Lease No. 065320541 measuring approximately 1,195 hectares (2,952.845 acres) located at Kampung Kodop Lama in the District of Ranau, Sabah, Malaysia (“the Property”) for a total sale consideration of RM13,874,400.00 (Ringgit Malaysia Thirteen Million Eight Hundred Seventy Four Thousand and Four Hundred Only) (“The Sale Price”). The Property is presently charged to RHB Investment Bank Berhad (Company No. 19663-P) (“RHBIB”) as stated in the disclosed encumbrances as follow: a. A caveat duly registered on 26 January 2011 by RHBIB pursuant to memorial number MC1101060006 b. Memorandum of Charge duly registered on 01 March 2012 by RHBIB pursuant to Memorial No. MC1203060007 c. Memorandum of Charge duly registered on 27 March 2012 by RHBIB pursuant to Memorial No. MC120306000 (Sub to MC1203060007) 4. ORIGINAL
COST OF INVESTMENT AND DATE OF INVESTMENT The original cost of investment of the Property is RM9,798,081.00 (Ringgit Malaysia Nine Million Seven Hundred Ninety Eight Thousand and Eighty One Only) and it was acquired on 20 December 2006. 5. LIABILIITIES TO BE ASSUMED BY THE PURCHASERSThe Purchasers will purchase the Property free from all lien, charges and encumbrances and with all rights attached to them. 6. EXPECTED GAIN The gain arising from the disposal of the Proposed Disposal of the Property is approximately RM4,076,319.00 (Ringgit Malaysia Four Million Seventy Six Thousand Three Hundred and Nineteen only). 7. SALIENT
TERMS OF THE PROPOSED DISPOSAL OF THE PROPERTY The consideration for the Proposed Disposal of the Property shall be/has been paid in the following manner:- (i) A sum of equal to two percent (2%) of the Sale Price amounting to RM277,488.00 (Ringgit Malaysia Two Hundred Seventy Seven Thousand Four Hundred and Eighty Eight Only) (the "Earnest Deposit") has been paid to HTSB and the payment shall be deemed to be payment to HTSB as earnest deposit constituting part payment towards the Sale Price prior to the date hereof; (ii) A sum of equal to eight percent (8%) of the Sale Price amounting to RM1,109,952.00 (Ringgit Malaysia One Million One Hundred and Nine Thousand Nine Hundred and Fifty Two Only) (the "Balance Deposit") shall hereinafter collectively be referred to as the "Deposit") being the balance of the Deposit and constituting further part payment towards the Sale Price shall be paid to HTSB upon execution of the SPA. (iii) The balance ninety percent (90%) of the Sale Price ("Balance Sale Price") amounting to RM12,486,960.00 shall be paid by the Purchasers to HTSB within three (3) months from the date of execution of this Agreement ("Completion Period") with an extension of two (2) months from the date of Completion Period ("Extended Completion Period") subject to late payment interest at the rate of eight Percent (8%) per annum on the Balance Sale Price until the date of the Balance Sale Price is settled in the full provided that HTSB's solicitors shall be entitled to utilise the said sum upon completion of the land transfer in favour of the Purchasers to settle the redemption sum due to RHBIB and all other outgoings and payments due and payable by HTSB incidental to the Proposed Disposal of the Property. 8. UTILISATION OF SALE PROCEEDS FROM THE PROPOSED DISPOSAL OF PROPERTY The sale proceeds from the Proposed Disposal of the Property will be utilised for the settlement of borrowing due to RHBIB, i.e. RM20.0 Million Bridging Term Loan and RM50.0 Million Term Loan (“Bank Borrowing”). 9. EFFECTS OF THE PROPOSED DISPOSAL OF PROPERTY 9.1 Share capital and shareholding structure of the substantial shareholders The Proposed Disposal of Property will not have any effect on the issued and paid-up share capital and shareholdings of substantial shareholder of Maxtral. 9.2 Net Tangible Liabilities (NTL) Per Share Total Assets RM27,783,940.00 Less: Disposal of the Property RM 9,643,609.00 --------------------- RM18,140,340.00 Less: Total Liabilities RM29,966,095.00 --------------------- Net Tangible Liabilities RM11,825,755.00 ============ No. of Shares 294,514,888 ============ Net Tangible Liabilities Per Share 0.04 per share ============ 9.3 Earnings Per Share There is no significant impact on the earning per share after
the Proposed Disposal of the Property. 9.4 Gearing Bank Borrowing RM14,706,552.00 Share Capital RM34,776,429.00 Gearing Ratio 0.42 10. APPROVAL
REQUIRED Pursuant to the Companies Act 1965, Section 132C (4), the above Disposal of Property is not subject to any approval from the shareholders or any relevant authorities. 11. ESTIMATED TIME FRAME FOR COMPLETION The Proposed Disposal of the Property is expected to be completed within three (3) months from the date of the execution of the SPA. 12. THE HIGHEST PERCENTAGE RATIO The highest percentage ratio applicable to the Proposed Disposal of the Property is 53.16% pursuant to paragraph 10.02(g) of the Main Market Listing Requirements. 13. DIRECTORS
AND MAJOR SHAREHOLDERS INTEREST None of the Directors and/or major shareholder and/or persons connected with the Directors or major shareholder, have any interest, direct or indirect, in the Proposed Disposal of the Property. 14. STATEMENT BY THE BOARD OF DIRECTORS AND AUDIT COMMITTEE The Board of Directors and Audit Committee of Maxtral, having considered all aspects of the Proposed Disposal of the Property, is of the opinion that they are in the best interest of the Company. 15. DOCUMENTS FOR INSPECTION A copy of the SPA is available for inspection at Maxtral’s Registered Office at No. 324, 2nd Floor, Lot 21, Block 38, Fajar Complex, 91000 Tawau, Sabah during normal business hours from Mondays to Fridays (except public holidays). This announcement is dated 7 May 2014. a | |
GADANG - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | GADANG HOLDINGS BHD |
| Stock Name | GADANG |
| Date Announced | 7 May 2014 |
| Category | General Announcement |
| Reference No | GH-140507-43943 |
| Type | Announcement | |||||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | |||||||||||||||||||||
| Description | Pursuant to Paragraph 14.09(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following Director has transacted in the securities of the Company as per the table below:- | |||||||||||||||||||||
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GADANG - Changes in Director's Interest (S135) - TAN SRI DATO' KOK ONN
| Company Name | GADANG HOLDINGS BHD |
| Stock Name | GADANG |
| Date Announced | 7 May 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | GH-140507-44364 |
Information Compiled By KLSE
Particulars of Director
| Name | TAN SRI DATO' KOK ONN |
| Address | No. 2A Jalan Mambu, Bukit Bandaraya, Bangsar, 59100 Kuala Lumpur |
| 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 | 110,000 | 1.670 | |
Acquired | 450,000 | 1.740 |
| Circumstances by reason of which change has occurred | Deemed interested by virtue of his substantial shareholdings in Sumber Raswira Sdn Bhd - Acquired in the open market |
| Nature of interest | Indirect |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 8,766,666 |
| Direct (%) | 4.46 |
| Indirect/deemed interest (units) | 66,382,527 |
| Indirect/deemed interest (%) | 33.75 |
| Date of notice | 07/05/2014 |
| Remarks : |
| Indirect interest of 66,382,527 shares are held by:- 1) Sumber Raswira Sdn Bhd - 31,827,161 2) Meloria Sdn Bhd - 34,555,366 |
GADANG - Changes in Sub. S-hldr's Int. (29B) - SUMBER RASWIRA SDN BHD
| Company Name | GADANG HOLDINGS BHD |
| Stock Name | GADANG |
| Date Announced | 7 May 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | GH-140507-44728 |
Particulars of substantial Securities Holder
| Name | SUMBER RASWIRA SDN BHD |
| Address | Wisma Gadang, No. 52 Jalan Tago 2 Off Jalan Persiaran Utama Sri Damansara 52200 Kuala Lumpur |
| NRIC/Passport No/Company No. | 405960-X |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | JF Apex Nominees (Tempatan) Sdn Bhd 6th Floor, Menara Apex Off Jalan Semenyih Bukit Mewah 43000 Kajang |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 05/05/2014 | 110,000 | |
| Acquired | 06/05/2014 | 450,000 |
GADANG - Changes in Sub. S-hldr's Int. (29B) - TAN SRI DATO' KOK ONN
| Company Name | GADANG HOLDINGS BHD |
| Stock Name | GADANG |
| Date Announced | 7 May 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | GH-140507-45033 |
Particulars of substantial Securities Holder
| Name | TAN SRI DATO' KOK ONN |
| Address | No. 2A Jalan Mambu, Bukit Bandaraya, Bangsar, 59100 Kuala Lumpur |
| NRIC/Passport No/Company No. | 510718-08-5163 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | 1) Citigroup Nominees (Tempatan)Sdn Bhd - 8,766,666 (Direct) Level 44, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur 2) JF Apex Nominees (Tempatan) Sdn Bhd - 31,827,161 (Indirect) 6th Floor, Menara Apex, Off Jalan Semenyih, Bukit Mewah, 43000 Kajang 3) RHB Investment Bank Berhad - 34,555,366 (Indirect) 20th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 05/05/2014 | 110,000 | |
| Acquired | 06/05/2014 | 450,000 |
RCECAP - Notice of Shares Buy Back by a Company pursuant to Form 28A
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 7 May 2014 |
| Category | Notice of Shares Buy Back by a Company Pursuant to Form 28A |
| Reference No | RC-140505-0352E |
RCECAP - Notice of Shares Buy Back - Immediate Announcement
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 7 May 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | RC-140507-32CC8 |
FSBM - MATERIAL LITIGATION
| Company Name | FSBM HOLDINGS BERHAD |
| Stock Name | FSBM |
| Date Announced | 7 May 2014 |
| Category | General Announcement |
| Reference No | FH-140507-59881 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | LEGAL ACTION AGAINST INDIVIDUALS AND TECHNITIUM SDN BHD |
In furtherance to the actions
brought by FSBM CTech Sdn Bhd (“CTECH”) and FSBM Holdings Berhad (“FSBM)
against Technitium Sdn Bhd (“TSB”) for recovery of debts amounting to
RM32,409,434.77 and RM8,563,212.64 respectively, CTECH and FSBM have filed a
suit in the High Court on the 22 April 2014 against Dr Azman Bin Awang as 1st Defendant,
Haliza Binti Bidin as 2nd Defendant, Mariana Binti Ahmad Tahar as 3rd Defendant,
and TSB as 4th Defendant. CTECH and FSBM are seeking for reliefs as follows: i. A declaration that the business of TSB has been carried on by the 1st, 2nd and 3rd Defendants with intent to defraud the creditors of TSB in particular FSBM and CTECH; ii. A declaration that the 1st, 2nd and 3rd Defendants shall be jointly and severally liable and personally responsible, without any limitation of liability, for all the debts or other liabilities of TSB; iii. An order that the 1st, 2nd and 3rd Defendants, jointly and/or severally do pay the outstanding debt due and owing to CTECH in the sum of RM 32,409,434.77 as at 18.06.2012; iv. An order that the 1st, 2nd and 3rd Defendants, jointly and/or severally do pay the outstanding debt due and owing to FSBM in the sum of RM 8,563,212.64 as at 18.06.2012; and v. Further order and/or other relief, which the Honourable Court may deem fit and fair in the circumstances of this case. The Court has fixed the matter
for case management on | |
KKB - Quarterly rpt on consolidated results for the financial period ended 31/3/2014
| Company Name | KKB ENGINEERING BERHAD |
| Stock Name | KKB |
| Date Announced | 7 May 2014 |
| Category | Financial Results |
| Reference No | CC-140505-32421 |
| Financial Year End | 31/12/2014 |
| Quarter | 1 |
| Quarterly report for the financial period ended | 31/03/2014 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/03/2014 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 42,618 | 64,282 | 42,618 | 64,282 |
| 2 | Profit/(loss) before tax | 5,380 | 15,804 | 5,380 | 15,804 |
| 3 | Profit/(loss) for the period | 3,948 | 11,916 | 3,948 | 11,916 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 3,797 | 11,378 | 3,797 | 11,378 |
| 5 | Basic earnings/(loss) per share (Subunit) | 1.47 | 4.41 | 1.47 | 4.41 |
| 6 | Proposed/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 ($$) | 1.0900 | 1.0800 | ||
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:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
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