May 19, 2014

Company announcements: WZSATU, DIALOG, KEN, HARNLEN, HAIO, SALCON, SPSETIA, IREKA

WZSATU - Changes in Sub. S-hldr's Int. (29B) - Tengku Dato' Uzir Bin Tengku Dato' Ubaidillah

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWZ SATU BERHAD  
Stock Name WZSATU  
Date Announced19 May 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-140517-45366

Particulars of substantial Securities Holder

NameTengku Dato' Uzir Bin Tengku Dato' Ubaidillah
AddressNo. 42, Jalan Medang Tanduk
Bukit Bandaraya
59100 Kuala Lumpur
Wilayah Persekutuan
NRIC/Passport No/Company No.590610-06-5171
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares at RM0.50 each
Name & address of registered holderTengku Dato' Uzir Bin Tengku Dato' Ubaidillah
No. 42, Jalan Medang Tanduk
Bukit Bandaraya
59100 Kuala Lumpur
Wilayah Persekutuan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired16/05/2014
42,000
0.910 
Acquired16/05/2014
500,000
0.860 

Circumstances by reason of which change has occurredAcquisition and Off Market Deal
Nature of interestDirect Interest
Direct (units)49,251,947 
Direct (%)25.92 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change49,251,947
Date of notice19/05/2014


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

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameDIALOG GROUP BERHAD  
Stock Name DIALOG  
Date Announced19 May 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoDG-140519-8D777

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
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 RM0.10 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
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)
Disposed14/05/2014
965,000
 

Circumstances by reason of which change has occurredDisposal of shares.
Nature of interestDirect
Direct (units)298,359,735 
Direct (%)12.27 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change298,359,735
Date of notice19/05/2014

Remarks :
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Disposed 965,000 shares) - 242,696,694 shares
Employees Provident Fund Board - 1,500,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (KIB) - 1,385,054 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (HDBS) - 7,118,600 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (CIMB PRI) - 9,346,167 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) - 11,665,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA) - 14,087,820 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ARIM) - 1,400,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (MAYBAN) - 660,400 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AMUNDI) - 8,500,000 shares

Total No. of shares -298,359,735 shares


KEN - SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS)

Announcement Type: General Announcement
Company NameKEN HOLDINGS BERHAD  
Stock Name KEN  
Date Announced19 May 2014  
CategoryGeneral Announcement
Reference NoMI-140519-61633

TypeAnnouncement
SubjectSUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS)
DescriptionKEN HOLDINGS BERHAD ("KEN" OR THE "COMPANY")

I. SHARE SPLIT INVOLVING THE SUBDIVISION OF EVERY ONE (1) EXISTING ORDINARY SHARE OF RM1.00 EACH IN KEN ("KEN SHARE(S)" OR "SHARE(S)") INTO TWO (2) ORDINARY SHARES OF RM0.50 EACH IN KEN ("SPLIT SHARE(S)") ("SHARE SPLIT"); AND

II. AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF KEN ("AMENDMENTS")

(COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Corporate Exercises.

We refer to our earlier announcements dated 24 February 2014, 3 March 2014, 10 March 2014, 28 April 2014 and 16 May 2014.

On behalf of the Board of Directors of KEN, RHB Investment Bank Berhad is pleased to announce that the Corporate Exercises have been completed following the listing of and quotation for 191,720,000 Split Shares on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Monday, 19 May 2014.

This announcement is dated 19 May 2014.



HARNLEN - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameHARN LEN CORPORATION BHD  
Stock Name HARNLEN  
Date Announced19 May 2014  
CategoryGeneral Announcement
Reference NoCJ-140519-32774

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionNotification of dealings during closed period under Chapter 14 of Listing Requirements

In accordance with Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Harn Len Corporation Bhd ("HLC") wishes to announce that it has received notification from the following Directors of the Company in respect of the dealings in securities of HLC as set out in the table below:

Name of Director

Date of Change

Type of Change

No. of Shares

Price Transacted (RM)/Per Share

% of the Shares

Remark

Tan Sri Dato' Low Nam Hui

16.05.2014

16.05.2014

16.05.2014

Disposal

Disposal

Disposal

20,000

21,500

14,800

1.22

1.23

1.24

0.01

0.01

0.01

Deemed Interest

Deemed Interest

Deemed Interest

Puan Sri Datin Chan Pui Leorn

16.05.2014

16.05.2014

16.05.2014

Disposal

Disposal

Disposal

20,000

21,500

14,800

1.22

1.23

1.24

0.01

0.01

0.01

Deemed Interest

Deemed Interest

Deemed Interest

Low Quek Kiong

16.05.2014

16.05.2014

16.05.2014

Disposal

Disposal

Disposal

20,000

21,500

14,800

1.22

1.23

1.24

0.01

0.01

0.01

Deemed Interest

Deemed Interest

Deemed Interest

Low Kueck Shin

16.05.2014

16.05.2014

16.05.2014

Disposal

Disposal

Disposal

20,000

21,500

14,800

1.22

1.23

1.24

0.01

0.01

0.01

Deemed Interest

Deemed Interest

Deemed Interest

Low Kwek Lee

16.05.2014

16.05.2014

16.05.2014

Disposal

Disposal

Disposal

20,000

21,500

14,800

1.22

1.23

1.24

0.01

0.01

0.01

Deemed Interest

Deemed Interest

Deemed Interest

Low Kuek Kong

16.05.2014

16.05.2014

16.05.2014

Disposal

Disposal

Disposal

20,000

21,500

14,800

1.22

1.23

1.24

0.01

0.01

0.01

Deemed Interest

Deemed Interest

Deemed Interest

Low Kok Yong

16.05.2014

16.05.2014

16.05.2014

Disposal

Disposal

Disposal

20,000

21,500

14,800

1.22

1.23

1.24

0.01

0.01

0.01

Deemed Interest

Deemed Interest

Deemed Interest

This announcement is dated 19 May 2014.



HAIO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameHAI-O ENTERPRISE BERHAD  
Stock Name HAIO  
Date Announced19 May 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCP-140519-26107

Date of buy back19/05/2014
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)7,000
Minimum price paid for each share purchased ($$)2.560
Maximum price paid for each share purchased ($$)2.560
Total consideration paid ($$)18,019.00
Number of shares purchased retained in treasury (units)7,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)6,121,488
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)3.03


SALCON - OTHERS Striking Off of Dormant Subsidiary

Announcement Type: General Announcement
Company NameSALCON BERHAD  
Stock Name SALCON  
Date Announced19 May 2014  
CategoryGeneral Announcement
Reference NoCK-140519-43673

TypeAnnouncement
SubjectOTHERS
DescriptionStriking Off of Dormant Subsidiary

The Board of Directors of Salcon Berhad ("Salcon" of "the Company") wishes to announce that Eagle Metalizing & Coatings Company Sdn Bhd ("EMCC"), a 60% indirect subsidiary of Salcon Engineering Berhad, which in turn is a wholly owned subsidiary of Salcon, had on 19 May 2014 received a Notice of Striking Off pursuant to Section 308(4) of the Companies Act, 1965 from the Companies Commission of Malaysia informing that EMCC has been struck off from the register of the Companies Commission of Malaysia.

EMCC is a dormant company and was incorporated on 13 May 1991.

The striking off of EMCC has no material effect on the earnings per share and net assets per share of Salcon Group for the financial year ending 31 December 2014, and the share capital of the Company.



SALCON - Changes in Sub. S-hldr's Int. (29B) - Great Eastern Holdings Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSALCON BERHAD  
Stock Name SALCON  
Date Announced19 May 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-140519-CEB59

Particulars of substantial Securities Holder

NameGreat Eastern Holdings Limited
Address1 Pickering Street #16-01,
Great Eastern Centre
Singapore 048659
NRIC/Passport No/Company No.199903008M
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderAmTrustee Bhd
22nd Floor, Bangunan AmBank Group
No. 55, Jalan Raja Chulan
50200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed14/05/2014
778,500
 
Disposed15/05/2014
500,000
 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDeemed Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change36,677,900
Date of notice19/05/2014

Remarks :
Deemed Interest pursuant to Section 6A(4)(C) of the Companies Act, 1965 via its subsidiaries i.e. Great Eastern Life Assurance (Malaysia) Bhd; Overseas Assurance (Malaysia) Bhd; Great Eastern Takaful Bhd; and Pacific Mutual Fund Bhd.


SPSETIA - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):OTHER ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NameS P SETIA BERHAD  
Stock Name SPSETIA  
Date Announced19 May 2014  
CategoryGeneral Announcement
Reference NoMI-140519-63292

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
DescriptionS P SETIA BERHAD (“S P SETIA”)

DIVIDEND REINVESTMENT PLAN THAT PROVIDES SHAREHOLDERS OF S P SETIA WITH AN OPTION TO ELECT TO REINVEST THEIR CASH DIVIDEND IN NEW ORDINARY SHARES OF RM0.75 EACH IN S P SETIA (“S P SETIA SHARES”) (“1ST DRP”)

(Unless otherwise stated, all abbreviations used herein shall have the same meaning as those mentioned in the previous announcements in relation to the 1st DRP.)

We refer to the previous announcements in relation to the 1st DRP.

On behalf of the Board of Directors of S P Setia, Maybank Investment Bank Berhad wishes to announce that S P Setia has issued and allotted 58,715,748 new S P Setia Shares on 16 May 2014 pursuant to the 1st DRP (“New Shares”). The New Shares were listed and quoted on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Monday, 19 May 2014.

The New Shares issued represents 88.36% of the total number of new S P Setia Shares that would have been issued if all the Entitled Shareholders had elected to reinvest their respective Electable Portions into new S P Setia Shares pursuant to the 1st DRP.

With the listing of the New Shares, the enlarged issued and paid-up share capital of S P Setia is 2,517,428,000 S P Setia Shares.

This announcement is dated 19 May 2014.



IREKA - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameIREKA CORPORATION BERHAD  
Stock Name IREKA  
Date Announced19 May 2014  
CategoryGeneral Announcement
Reference NoMI-140519-53249

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionIREKA CORPORATION BERHAD (“IREKA” OR THE “COMPANY”)

RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF 56,957,350 NEW ORDINARY SHARES OF RM1.00 EACH IN IREKA (“RIGHTS SHARE(S)”) TOGETHER WITH 56,957,350 FREE DETACHABLE WARRANTS (“WARRANT(S)”) ON THE BASIS OF ONE (1) RIGHTS SHARE WITH ONE (1) FREE WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN IREKA (“IREKA SHARE(S)”) AS AT 5.00 P.M. ON 2 JUNE 2014, AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE, OF WHICH THE FIRST CALL OF RM0.65 PER RIGHTS SHARE IS PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.35 IS TO BE CAPITALISED FROM IREKA’S SHARE PREMIUM (“RIGHTS ISSUE WITH WARRANTS”)

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement dated 27 February 2014 in relation to the Rights Issue with Warrants, where applicable.

We refer to the previous announcements made in relation to the Rights Issue with Warrants.

On behalf of the Board of Ireka, RHB Investment Bank wishes to announce the following:-

(i) the Board had on 19 May 2014 executed the deed poll constituting 56,957,350 free detachable Warrants to be issued pursuant to the Rights Issue with Warrants;
(ii) the Board has resolved to fix the issue price of the Rights Shares at RM1.00 per Rights Share after taking into consideration the par value of Ireka Shares of RM1.00 each, of which the First Call price of RM0.65 will be payable in cash on application and the Second Call of RM0.35 will be capitalised from the share premium; and
(iii) the Board has resolved to fix the exercise price of the Warrants at RM1.00 each.

The issue price of the Rights Shares and First Call was determined after taking into consideration:

(i) the par value of Ireka Shares of RM1.00 each;
(ii) a First Call price incorporating a 17.72% discount to the TERP of Ireka Shares of RM0.79 based on the five (5)-day VWAP of Ireka Shares immediately preceding the price-fixing date of RM0.86;
(iii) the historical volatility and share price movement of Ireka Shares; and
(iv) the level of funds that Ireka wishes to raise from the Rights Issue with Warrants for working capital.

The exercise price of the Warrants of RM1.00, which represents a premium of approximately RM0.21 or 26.58% over the TERP of Ireka Shares of RM0.79 based on the five (5)-day VWAP of Ireka Shares immediately preceding the price-fixing date of RM0.86, was determined after taking into consideration:

(i) the par value of Ireka Shares of RM1.00 each;
(ii) the tenure of the Warrants which has been fixed at five (5) years from the date of issuance; and
(iii) the future prospects of the Ireka Group.


This announcement is dated 19 May 2014.



IREKA - Rights Issue

Announcement Type: Entitlements (Notice of Book Closure)
Company NameIREKA CORPORATION BERHAD  
Stock Name IREKA  
Date Announced19 May 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-140519-51602

EX-date29/05/2014
Entitlement date02/06/2014
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRENOUNCEABLE TWO-CALL RIGHTS ISSUE OF 56,957,350 NEW ORDINARY SHARES OF RM1.00 EACH IN IREKA CORPORATION BERHAD (“IREKA”) (“RIGHTS SHARE(S)”) TOGETHER WITH 56,957,350 FREE DETACHABLE WARRANTS (“WARRANT(S)”) ON THE BASIS OF ONE (1) RIGHTS SHARE WITH ONE (1) FREE WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN IREKA (“IREKA SHARE(S)”) AS AT 5.00 P.M. ON 2 JUNE 2014, AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE, OF WHICH THE FIRST CALL OF RM0.65 PER RIGHTS SHARE IS PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.35 IS TO BE CAPITALISED FROM IREKA’S SHARE PREMIUM (“RIGHTS ISSUE WITH WARRANTS”)
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSymphony Share Registrars Sdn Bhd
Level 6, Symphony House
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor

Tel: 03-7841 8000
Fax: 03-7841 8151/52
Helpdesk Tel: 03-7849 0777
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers02/06/2014 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)56957350 
Entitlement indicatorRatio
Ratio 1 : 2
Rights Issues/Offer Price 1

Remarks :
(The terms used herein shall, unless the context otherwise states, bear the same meaning as those defined in the circular to shareholders dated 23 April 2014 in relation to the Rights Issue with Warrants)

The Abridged Prospectus accompanying the Notice of Provisional Allotment and Rights Subscription Form (“Documents”) will be despatched to the Entitled Shareholders who have a registered address in Malaysia and whose name appear on the Record of Depositors of Ireka at 5.00 p.m. on 2 June 2014. The Entitled Shareholders, who are without a registered address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers and the Share Registrar to effect the change of address prior to 2 June 2014.

The Documents are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue with Warrants and the Documents comply with the laws and jurisdictions of any countries other than Malaysia.


This announcement is dated 19 May 2014.


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