SOLUTN - Annual Report 2013
| Company Name | SOLUTION ENGINEERING HOLDINGS BERHAD (ACE Market) |
| Stock Name | SOLUTN |
| Date Announced | 21 May 2014 |
| Category | Document Receipt |
| Reference No | JM-140521-65360 |
| Annual Report for Financial Year Ended | 31/12/2013 |
| Subject | Annual Report 2013 |
GENTING - Annual Report 2013
| Company Name | GENTING BERHAD |
| Stock Name | GENTING |
| Date Announced | 21 May 2014 |
| Category | Document Receipt |
| Reference No | JM-140521-65525 |
| Annual Report for Financial Year Ended | 31/12/2013 |
| Subject | Annual Report 2013 |
SWKPLNT - Annual Report 2013
| Company Name | SARAWAK PLANTATION BERHAD |
| Stock Name | SWKPLNT |
| Date Announced | 21 May 2014 |
| Category | Document Receipt |
| Reference No | JM-140521-65778 |
| Annual Report for Financial Year Ended | 31/12/2013 |
| Subject | Annual Report 2013 |
DAYANG - Annual Report 2013
| Company Name | DAYANG ENTERPRISE HOLDINGS BERHAD |
| Stock Name | DAYANG |
| Date Announced | 21 May 2014 |
| Category | Document Receipt |
| Reference No | JM-140521-65634 |
| Annual Report for Financial Year Ended | 31/12/2013 |
| Subject | Annual Report 2013 |
HLCAP - PUBLIC SHAREHOLDINGS SPREAD
| Company Name | HONG LEONG CAPITAL BERHAD |
| Stock Name | HLCAP |
| Date Announced | 21 May 2014 |
| Category | General Announcement |
| Reference No | HC-140521-EF531 |
| Type | Announcement |
| Subject | PUBLIC SHAREHOLDINGS SPREAD |
| Description | HONG LEONG CAPITAL BERHAD ("HLCB" OR THE "COMPANY") Status Announcement (“Status Announcement”) on Compliance with the Required Public Shareholding Spread |
HLCB makes the following Status Announcement on
compliance with the required public shareholding spread, in conjunction with
the release of its quarterly results for the third quarter of the financial year
ending 30 June 2014, pursuant to Section 3.3 of Practice Note 19 of the Main
Market Listing Requirements (“Listing Requirements”). The Company currently does not meet the
requirement as set out in paragraph 8.02(1) of the Listing Requirements which
states that a listed issuer must ensure that at least 25% of its total listed
shares (excluding treasury shares) are in the hands of public shareholders. Based on the Company’s Record of Depositors
as at 30 April 2014, the public shareholding spread of the Company was 10.41%. Bursa Malaysia Securities
Berhad (“Bursa Securities”) had vide its letter dated 2 April 2014: granted the Company an extension of time of 6 months
from 1 March 2014 until 31 August 2014 to comply with the 25% public
shareholding spread requirement; and in the event the Company fails to comply with the
public shareholding spread requirement on or before 31 August 2014, Bursa
Securities may exercise its discretion to impose trading suspension of HLCB
shares and in which case, a 5 market days notice shall be given to HLCB and the
market.
The Company has yet to identify a
satisfactory plan to address the non-compliance with the 25% public
shareholding spread requirement. This announcement is dated 21 May 2014. | |
PETGAS - Changes in Sub. S-hldr's Int. (29B) - KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
| Company Name | PETRONAS GAS BERHAD |
| Stock Name | PETGAS |
| Date Announced | 21 May 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | PG-140521-B235D |
Particulars of substantial Securities Holder
| Name | KUMPULAN WANG PERSARAAN (DIPERBADANKAN) |
| Address | Aras 4, 5 & 6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang 55100 Kuala Lumpur |
| NRIC/Passport No/Company No. | KWAPACT6622007 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Share of RM1.00/share |
| Name & address of registered holder | Kumpulan Wang Persaraan (Diperbadankan) Aras 4, 5 & 6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang 55100 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 15/05/2014 | 200,000 | |
| Disposed | 15/05/2014 | 102,000 |
| Remarks : |
| Received Form 29B on 21 May 2014 |
ASTRO - Annual Report 2013
| Company Name | ASTRO MALAYSIA HOLDINGS BERHAD |
| Stock Name | ASTRO |
| Date Announced | 21 May 2014 |
| Category | Document Receipt |
| Reference No | JM-140521-65867 |
| Annual Report for Financial Year Ended | 31/01/2014 |
| Subject | Annual Report 2013 |
SAMUDRA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | KEJURUTERAAN SAMUDRA TIMUR BERHAD |
| Stock Name | SAMUDRA |
| Date Announced | 21 May 2014 |
| Category | General Announcement |
| Reference No | CS-140521-62266 |
| Type | Announcement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Description | KEJURUTERAAN SAMUDRA TIMUR BERHAD (“KSTB” OR THE “COMPANY”) - PROPOSED DISPOSAL BY KSTB OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF SAMUDRA OIL SERVICES SDN BHD (“SAMUDRA OIL”) TO DESTINI BERHAD ("DESTINI") FOR A DISPOSAL CONSIDERATION OF RM80.00 MILLION TO BE SATISFIED ENTIRELY BY 228,571,428 NEW ORDINARY SHARES OF RM0.10 EACH IN DESTINI (“CONSIDERATION SHARES”) AT AN ISSUE PRICE OF RM0.35 PER DESTINI SHARE (“PROPOSED DISPOSAL OF SAMUDRA OIL”) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(All definitions used herein shall have the same meanings as the words and expressions defined in the circular to KSTB shareholders dated 17 February 2014 (“Circular”), except where the context otherwise requires or where otherwise defined herein.) 1. INTRODUCTION We refer to the Circular, the announcement dated 11 March 2014 in relation to the approval by KSTB shareholders for the Proposed Disposal of Samudra Oil (including the placement of the Destini Shares) and the announcement dated 3 April 2014 in relation to the completion of the Proposed Disposal of Samudra Oil and the announcement dated 16 May 2014 in relation to the completion of the placement of the Consideration Shares. On 1 November 2013, Kenanga Investment Bank Berhad (“KIBB”) had on behalf of the Board of Directors of KSTB (“Board”) announce that KSTB had on 1 November 2013 entered into a Shares Sale Agreement (“SSA”) with Destini for the proposed disposal of the entire issued and paid-up capital of Samudra Oil for a disposal consideration of RM80.00 million to be fully satisfied by 228,571,428 new Destini Shares at an issue price of RM0.35 per Destini Share (“Consideration Shares”). On 11 March 2014, the Board had announced that the approval of the shareholders of KSTB was obtained for the Proposed Disposal of Samudra Oil. On 3 April 2014, KIBB on behalf of the Board announced that the Proposed Disposal of Samudra Oil was deemed to be completed. On 16 May 2014, the Board had announced that the placement of the Consideration Shares at an issue price of RM0.35 (“Consideration Shares Placement Price”) was completed on 15 May 2014 (“Placement of Consideration Shares”). The Board wishes to announce further details in relation to the Placement of Consideration Shares in the ensuing sections.
2.1 DETAILS OF THE PLACEMENT OF CONSIDERATION SHARES As set out in Section 2.3.2 of the Circular, KSTB had on 1 November 2013 appointed the Equity Capital Market Department of RHB Investment Bank Berhad as the placement agent (“Placement Agent”) to place out the Consideration Shares at the Consideration Shares Placement Price. The Placement Agent had during the period from 8 April 2014 to 15 May 2014 placed out all the Consideration Shares at the Consideration Share Placement Price through direct business transactions. Accordingly, the Company has ceased to hold any Destini Shares. There is no gain or loss on disposal arising from the Placement of Consideration Shares as the Consideration Shares Placement Price is the same as the price the Consideration Shares were initially issued to KSTB.
The Consideration Shares Placement Price was based on the issue price of the Consideration Shares which was issued to KSTB. The issue price of RM0.35 per Consideration Share was fixed by the Board of Directors of Destini after taking into consideration the five (5)-day weighted average market price (“WAMP”) of Destini Shares up to and including 6 August 2013, being the last market day prior to date of the execution of the HOA in connection with the Proposed Disposal of Samudra Oil, of RM0.35. Further, the issue price per Consideration Share was arrived at on a willing buyer-willing seller basis after negotiations and deliberation between KSTB and Destini, and after taking into consideration, amongst others, the following:- i) historical price movement of Destini Shares including the one (1)-month, three (3)-month and six (6)-month WAMP of Destini Shares up to and including 6 August 2013 of RM0.35 each, respectively; ii) historical share prices as traded on Bursa Securities since the upliftment of the suspension of trading of Destini Shares from 13 August 2012 to July 2013, being the last month prior to the date of execution of the HOA, ranging from RM0.23 to RM0.41; and iii) the liquidity of Destini Shares as traded on Bursa Securities since the upliftment of the suspension of trading of Destini Shares from 13 August 2012 to July 2013, being the last month prior to the date of execution of the HOA, which has an average monthly trading volume of 26.56 million Destini Shares representing 7.32% of Destini’s issued and paid-up share capital as at 6 August 2013 as set out below:
(Source: Bloomberg) Note:- *1 As at 6 August 2013, being the last market day prior to the date of execution of the HOA, of 363,000,000 Destini Shares Furthermore, the issue price of RM0.35 represents a premium of approximately 2.94% to the five (5) day WAMP of Destini shares up to and including 31 October 2013, being the last market day prior to the appointment of the placement agent of RM0.34. 2.3 UTILISATION OF THE PROCEEDS As set out in the Circular, the utilisation of the proceeds from the Placement of Consideration Shares is extracted as follows:
As it is the intention of the Board to maintain the listing status of KSTB, the Company intends to utilise the remaining proceeds of RM77.10 million (after deducting estimated expenses of RM2.90 million to be incurred for the Proposed Disposal of Samudra Oil) to acquire prospective new businesses and/or assets within twelve (12) months from the completion of the Proposed Disposal of Samudra Oil. Any proposals to acquire new businesses and/or assets shall be conducted in compliance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and shall be tabled for KSTB’s shareholders’ approval (if required). Nevertheless, in the event that the Board is unable to identify any suitable businesses and/or assets, the remaining proceeds from the Proposed Disposal of Samudra Oil will be distributed back to the shareholders of KSTB after ensuring all repayments to MBB pursuant to the DSA has been made. The mode and details of any distribution shall be announced and if necessary, KSTB’s shareholders’ approval on any proposed distribution will be sought. As at the date of this announcement, the Board has not identified any new businesses and/or assets to be acquired but anticipates to do so within twelve (12) months from the completion of the Proposed Disposal of Samudra Oil. In the event that a new business and/or asset are identified, the Board will make the necessary announcements.
The Consideration Shares were placed out through the Placement Agent as it was the intention of the Board to receive cash consideration from the Proposed Disposal of Samudra Oil. The Company endeavours to take the necessary steps to regularise its condition and to maintain its listing status on the Main Market of Bursa Securities after the completion of the Proposed Disposals and having triggered Paragraph 2.1(g) of Practice Note 17 (“PN17”) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) whereby a listed issuer has suspended or ceased all of its business or its major business as a result of the disposal of the listed issuers’ major business. Efforts to be taken include identifying new businesses and/or assets that have prospects to be acquired by KSTB thereby requiring the Company to have sufficient financial resources.
There are no risk factors associated with the Placement of Consideration Shares as all Consideration Shares has already been placed out and the proceeds from the placement have been received by KSTB. 5. EFFECTS ON THE PROPOSALS The Placement of Consideration Shares will not have any effect on the share capital, earnings and earnings per share, net assets per share and gearing and substantial shareholders’ shareholdings of KSTB as the Placement of Consideration Shares only involves the conversion of the Consideration Shares which are held as short term investments for sale into cash. The effects of the Proposed Disposal of Samudra Oil have been illustrated in Section 9 of the Circular.
The approval for the Placement of Consideration Shares which forms part of the Proposed Disposal of Samudra Oil was obtained during the extraordinary general meeting held by KSTB on 11 March 2014.
Save for the Proposed Issuance of ICULS, the Board confirms that there are no other outstanding corporate proposals which have been announced to Bursa Securities but not yet completed prior to this announcement. The Placement of the Consideration Shares is not conditional upon any other corporate proposal.
None of the directors and/or major shareholders and/or persons connected with a director or major shareholder of KTSB has any interest, either direct or indirect in the Placement of Consideration Shares.
The Placement of Consideration Shares is integral to the Proposed Disposal of Samudra Oil which was approved by the shareholders of KSTB during the extraordinary general meeting held by KSTB on 11 March 2014. For information purposes, the highest percentage ratio applicable for the Proposed Disposal of Samudra Oil as announced on 1 November 2013 is 364.46%.
The Board after having considered the rationale for the Placement of the Consideration Shares is of the opinion that the Placement of the Consideration Shares is in the best interest of the Company.
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SAMUDRA - Quarterly rpt on consolidated results for the financial period ended 31/3/2014
| Company Name | KEJURUTERAAN SAMUDRA TIMUR BERHAD |
| Stock Name | SAMUDRA |
| Date Announced | 21 May 2014 |
| Category | Financial Results |
| Reference No | CS-140521-50721 |
| Financial Year End | 30/06/2014 |
| Quarter | 3 |
| 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 | 2,460 | 1,913 | 7,335 | 7,500 |
| 2 | Profit/(loss) before tax | -1,002 | -717 | -978 | 6,869 |
| 3 | Profit/(loss) for the period | -4,394 | 316 | 668 | 10,753 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | -4,389 | 331 | 701 | 10,816 |
| 5 | Basic earnings/(loss) per share (Subunit) | -3.07 | 0.23 | 0.49 | 7.56 |
| 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 ($$) | 0.1510 | 0.1530 | ||
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 |
LEESK - Annual Report 2013
| Company Name | LEE SWEE KIAT GROUP BERHAD |
| Stock Name | LEESK |
| Date Announced | 21 May 2014 |
| Category | Document Receipt |
| Reference No | JM-140521-65272 |
| Annual Report for Financial Year Ended | 31/12/2013 |
| Subject | Annual Report 2013 |
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