June 5, 2014

Company announcements: AFG, DBHD, BPURI, AXIATA, PETONE, HARVEST, LAYHONG, ITRONIC, SEG

AFG - OTHERS Announcement by Alliance Bank Malaysia Berhad

Announcement Type: General Announcement
Company NameALLIANCE FINANCIAL GROUP BERHAD  
Stock Name AFG  
Date Announced5 Jun 2014  
CategoryGeneral Announcement
Reference NoAF-140605-64718

TypeAnnouncement
SubjectOTHERS
DescriptionAnnouncement by Alliance Bank Malaysia Berhad

The Board of Alliance Financial Group Berhad (“AFG” or the “Group”) wishes to announce that Sng Seow Wah, Group Chief Executive Officer of Alliance Bank Malaysia Berhad (“Alliance Bank” or the “Bank”), has decided not to renew his employment contract with the Bank when it ends on 4 July 2014, as he has to attend to important family matters in his home country.

Consequently, Sng will also relinquish his position as Director of AFG, Alliance Bank and Alliance Investment Bank Berhad.

The Bank has a robust talent succession plan in place, and is now evaluating a suitable candidate to assume the responsibilities of Group CEO. AFG will make an announcement to this effect in due course.

We attach herewith a copy of the Press Statement dated 5 June 2014 from Alliance Bank for information.

This announcement is dated 5 June 2014.



Attachments

Press Statement (5.6.2014).pdf
118 KB



DBHD - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameDAMANSARA REALTY BHD  
Stock Name DBHD  
Date Announced5 Jun 2014  
CategoryGeneral Announcement
Reference NoJC-140605-EF6F1

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionDAMANSARA REALTY BERHAD (“DBHD” OR THE “COMPANY”)

UNCONDITIONAL TAKE-OVER OFFER BY SEAVIEW HOLDINGS SDN BHD (“OFFEROR”) TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM0.50 EACH IN DBHD (“OFFEREE”), WHICH ARE NOT ALREADY HELD BY THE OFFEROR AND PERSONS ACTING IN CONCERT WITH IT (“OFFER SHARE(S)”) AT A CASH OFFER PRICE OF RM0.50 FOR EACH OFFER SHARE (“OFFER”)
We refer to our announcements dated 24 April 2014, 25 April 2014, 2 May 2014 and 15 May 2014 in relation to the Offer (“Announcements”).
Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those previously defined in the Announcements.

We wish to announce that DBhd has today received the attached Press Notice from Kenanga Investment Bank Berhad, on behalf of the Offeror, informing
that the Offer has closed at 5.00 p.m. (Malaysian time) on 5 June 2014 (“Closing Date”) (“Press Notice”).

In accordance with Section 26(1) of the Code, the detailed disclosure on the level of acceptances of the Offer as at 5.00 p.m. (Malaysian time) on the
Closing Date is set out in Appendix I of the Press Notice.
    A copy of the abovementioned Press Notice is enclosed herewith for your information.


    This announcement is dated 5 June 2014.


    BPURI - Annual Report 2013

    Announcement Type: Document Receipt
    Company NameBINA PURI HOLDINGS BHD  
    Stock Name BPURI  
    Date Announced5 Jun 2014  
    CategoryDocument Receipt
    Reference NoJM-140605-63973

    Annual Report for Financial Year Ended31/12/2013
    SubjectAnnual Report 2013

    Attachments

    BPURI-AnnualReport2013.pdf
    3081 KB






    AXIATA - 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 NameAXIATA GROUP BERHAD  
    Stock Name AXIATA  
    Date Announced5 Jun 2014  
    CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
    Reference NoAG-140605-27534

    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 RM1.00 each
    Name & address of registered holder1) Employees Provident Fund Board ("EPF Board")

    Ibu Pejabat KWSP, Bangunan KWSP

    Jalan Raja Laut, 50350 Kuala Lumpur



    2) Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") EPF Board

    3) Citigroup EPF Board (AMUNDI)

    4) Citigroup EPF Board (KIB)

    5) Citigroup EPF Board (HDBS)

    6) Citigroup EPF Board (RHB INV)

    7) Citigroup EPF Board (AM INV)

    8) Citigroup EPF Board (MAYBAN)

    9) Citigroup EPF Board (NOMURA)

    10) Citigroup EPF Board (CIMB PRI)

    11) Citigroup EPF Board (ARIM)

    12) Citigroup EPF Board (TEMPLETON)

    13) Citigroup EPF Board (ABERDEEN)



    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)
    Disposed30/05/2014
    3,126,600
     
    Acquired30/05/2014
    1,000,000
     

    Circumstances by reason of which change has occurred1. Citigroup EPF Board - Disposal of 3,126,600 shares
    2. Citigroup EPF Board (CIMB PRI)
    - Acquisition of 1,000,000 shares
    Nature of interestDirect
    Direct (units)1,048,761,906 
    Direct (%)12.25 
    Indirect/deemed interest (units) 
    Indirect/deemed interest (%) 
    Total no of securities after change1,048,761,906
    Date of notice02/06/2014

    Remarks :
    1) The total number of 1,048,761,906 ordinary shares comprised of the following:-



    a) Citigroup EPF Board - 957,817,906
    b) EPF Board - 3,332,900

    c) Citigroup EPF Board (AMUNDI) - 3,881,250

    d) Citigroup EPF Board (KIB) - 600,000

    e) Citigroup EPF Board (HDBS) - 13,454,375

    f) Citigroup EPF Board (RHB INV) - 3,055,000

    g) Citigroup EPF Board (AM INV) - 6,122,650

    h) Citigroup EPF Board (MAYBAN) - 2,915,000

    i) Citigroup EPF Board (NOMURA) - 28,421,300
    j) Citigroup EPF Board (CIMB PRI) - 16,653,325
    k) Citigroup EPF Board (ARIM) - 2,950,000

    l) Citigroup EPF Board (TEMPLETON) - 3,408,200

    m) Citigroup EPF Board (ABERDEEN) - 6,150,000



    2) Form 29B received on 4 June 2014


    PETONE - BURSA MALAYSIA SECURITIES PUBLICLY REPRIMANDS PETROL ONE RESOURCES BERHAD AND ITS 2 EXECUTIVE DIRECTORS

    Announcement Type: Listing Circular
    Company NamePETROL ONE RESOURCES BERHAD  
    Stock Name PETONE  
    Date Announced5 Jun 2014  
    CategoryListing Circular
    Reference NoUM-140605-65625

    LISTING'S CIRCULAR NO. L/Q : 70794 OF 2014


      Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded PETROL ONE RESOURCES BERHAD (PETONE or the Company) and its 2 executive directors for breaches of the Bursa Malaysia Securities Main Market Listing Requirements (Main LR).

      PETONE was publicly reprimanded for breaching:
        (a) Paragraph 9.16(1)(a) of the Main LR in respect of the Company’s inaccurate/misleading quarterly report for the financial period ended 30 September 2011 (QR Sept 2011) announced on 30 November 2011, quarterly report for the financial period ended 31 December 2011 (QR Dec 2011) announced on 28 February 2012 and quarterly report for the financial period ended 31 March 2012 (QR March 2012) announced on 31 May 2012 which were subsequently amended on 2 July 2012 due to the error in the computation of the depreciation value of the Company’s vessels under property, plant and equipment; and
        (b) Paragraph 2.23(1) of the Main LR for failing to comply with Bursa Malaysia Securities’ directive issued on 14 March 2012 to ensure that a limited review was carried out by PETONE’s external auditors for the QR March 2012 and the quarterly report for the financial period ended 30 June 2012 (QR June 2012).

        PETONE is also required to review and ensure the adequacy and effectiveness of its financial reporting function and carry out a limited review on its quarterly report submissions. The limited review must be performed by the Company’s external auditors for four quarterly reports commencing no later from the quarterly report for the financial period ended 31 March 2014.
          The executive directors of PETONE at the material time were found to have breached paragraph 16.13(b) of the Main LR for permitting knowingly, or where they had reasonable means of obtaining such knowledge, PETONE to commit the breach of paragraph 2.23(1) of the Main LR. The penalties imposed on the executive directors are as follows:-
      No.
      Director
      Penalty
      1.Lim Kian Boon
      Executive Chairman and Managing Director
      Public Reprimand
      2.Lee Wei Hong
      Executive Director
      Public Reprimand

      Bursa Malaysia Securities views the contraventions seriously as the requirement for listed companies to submit financial statements that are factual, clear, unambiguous, accurate, succinct and contained sufficient information to enable investors to make informed investment decisions is of paramount importance in ensuring the integrity and reliability of financial statements and a fair and orderly market for securities that are traded on Bursa Malaysia Securities. Further, listed companies and directors must maintain the highest standards of integrity, accountability, corporate governance and responsibility, including ensuring compliance with the directives issued by Bursa Malaysia Securities.
          BACKGROUND
          PETONE had on 2 July 2012 announced the amended QR Sept 2011, QR Dec 2011 and QR March 2012. The deviation between the original unaudited results and the amended unaudited results was as follows:-
      Cumulative
      Original Profit/(Loss) after taxation and minority interest
      (YTD)
      RM’000
      Cumulative
      Amended
      Profit after taxation and minority interest
      (YTD)
      RM’000
      Deviation
      RM’000
      QR Sept 2011
      2,597
      4,410
      1,813 (69.8%)
      QR Dec 2011
      (221)
      3,432
      3,653 (1,652.9%)
      QR March 2012
      (1,227)
      2,528
      3,755 (306%)
          The deviation was mainly due to the error in the computation of the depreciation value of the Company’s vessels under property, plant and equipment.

          In addition, PETONE had failed to comply with the directive imposed by Bursa Malaysia Securities on 14 March 2012 to ensure that a limited review was carried out by PETONE’s external auditors for the QR March 2012 and the QR June 2012 (the Directive). It was unacceptable for the Company and its directors to disregard the Directive on the basis that a full scope comprehensive audit were being carried out for the financial year ended (FYE) 30 June 2012 which would cover the scope of audit for QR March 2012 and QR June 2012 and decided unilaterally to perform the limited review only for the quarterly reports from the quarterly report for the financial period ended 30 September 2012 (QR Sept 2012) onwards particularly where Bursa Malaysia Securities had rejected the Company’s request to commence the limited review from QR Sept 2012.

          The finding of breach and imposition of the above penalties on PETONE and its executive directors were made pursuant to paragraph 16.19 of the Main LR upon completion of due process and after taking into consideration all facts and circumstances of matter including the knowledge of the executive directors of the Directive and Bursa Malaysia Securities’ rejection of the Request, the importance of the Directive which served to enhance the credibility and reliability of the Company’s interim financial statements and the materiality of the deviation between the original and amended QR Sept 2011, QR Dec 2011 and QR March 2012 as set out above.



      HARVEST - Changes in Sub. S-hldr's Int. (29B) - ZENITH CITY INVESTMENTS LIMITED

      Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Company NameHARVEST COURT INDUSTRIES BHD  
      Stock Name HARVEST  
      Date Announced5 Jun 2014  
      CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Reference NoCC-140604-32864

      Particulars of substantial Securities Holder

      NameZENITH CITY INVESTMENTS LIMITED
      AddressOFFSHORE INCORPORATIONS CENTRE
      VICTORIA MAHE
      REPUBLIC OF SEYCHELLES
      NRIC/Passport No/Company No.143254
      Nationality/Country of incorporationSEYCHELLES
      Descriptions (Class & nominal value)Ordinary Shares of RM0.25 each
      Name & address of registered holderZENITH CITY INVESTMENTS LIMITED
      OFFSHORE INCORPORATIONS CENTRE
      VICTORIA MAHE
      REPUBLIC OF SEYCHELLES

      Details of changes

      Currency: Malaysian Ringgit (MYR)

      Type of transactionDate of change
      No of securities
      Price Transacted (RM)
      Acquired03/06/2014
      3,800,000
       

      Circumstances by reason of which change has occurredOpen market purchases
      Nature of interestDirect
      Direct (units)45,000,000 
      Direct (%)16.81 
      Indirect/deemed interest (units)
      Indirect/deemed interest (%)
      Total no of securities after change45,000,000
      Date of notice04/06/2014


      HARVEST - Changes in Sub. S-hldr's Int. (29B) - DATUK CHAI WOON CHET

      Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Company NameHARVEST COURT INDUSTRIES BHD  
      Stock Name HARVEST  
      Date Announced5 Jun 2014  
      CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Reference NoCC-140604-3285B

      Particulars of substantial Securities Holder

      NameDATUK CHAI WOON CHET
      AddressLOT 116, JALAN TIMAH 3
      MINES RESORT CITY
      43300 SERI KEMBANGAN SELANGOR DARUL EHSAN
      NRIC/Passport No/Company No.781224-06-5263
      Nationality/Country of incorporationMalaysian
      Descriptions (Class & nominal value)Ordinary Shares of RM0.25 each
      Name & address of registered holderZENITH CITY INVESTMENTS LIMITED
      OFFSHORE INCORPORATIONS CENTRE
      VICTORIA MAHE
      REPUBLIC OF SEYCHELLES

      Details of changes

      Currency: Malaysian Ringgit (MYR)

      Type of transactionDate of change
      No of securities
      Price Transacted (RM)
      Acquired03/06/2014
      3,800,000
       

      Circumstances by reason of which change has occurredOpen market purchases
      Nature of interestIndirect
      Direct (units)
      Direct (%)
      Indirect/deemed interest (units)45,000,000 
      Indirect/deemed interest (%)16.81 
      Total no of securities after change45,000,000
      Date of notice04/06/2014


      LAYHONG - Changes in Sub. S-hldr's Int. (29B) - QL Resources Berhad

      Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Company NameLAY HONG BERHAD  
      Stock Name LAYHONG  
      Date Announced5 Jun 2014  
      CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Reference NoCT-140605-5A76E

      Particulars of substantial Securities Holder

      NameQL Resources Berhad
      AddressNo 16A, Jalan Astaka U8/83, Bukit Jelutong, 40150 Shah Alam, Selangor
      NRIC/Passport No/Company No.428915-X
      Nationality/Country of incorporationMalaysia
      Descriptions (Class & nominal value)Ordinary Shares of RM1/- each
      Name & address of registered holderQL Resources Berhad
      No 16A, Jalan Astaka U8/83, Bukit Jelutong, 40150 Shah Alam, Selangor

      Details of changes

      Currency: Malaysian Ringgit (MYR)

      Type of transactionDate of change
      No of securities
      Price Transacted (RM)
      Acquired30/05/2014
      111,200
      1.844 
      Acquired02/06/2014
      63,200
      1.862 
      Acquired03/06/2014
      100,700
      1.899 

      Circumstances by reason of which change has occurredAcquired shares through open market transaction
      Nature of interestDirect
      Direct (units)275,100 
      Direct (%)0.55 
      Indirect/deemed interest (units) 
      Indirect/deemed interest (%) 
      Total no of securities after change13,417,700
      Date of notice05/06/2014

      Remarks :
      1)This announcement serves as an announcement pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

      2)This notice was received on 4 June 2014.


      ITRONIC - Notice of Person Ceasing (29C) - Tan Tian Sin

      Announcement Type: Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
      Company NameINDUSTRONICS BERHAD  
      Stock Name ITRONIC  
      Date Announced5 Jun 2014  
      CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
      Reference NoCC-140605-93BA2

      Particulars of substantial Securities Holder

      NameTan Tian Sin
      Address4571, Jalan Jasin, 77300 Merlimau Melaka
      NRIC/Passport No/Company No.601110-04-5319
      Nationality/Country of incorporationMalaysian
      Descriptions (Class & nominal value)Ordinary Share of RM0.10 each
      Date of cessation03/06/2014
      Name & address of registered holderTan Tian Sin
      4571, Jalan Jasin, 77300 Merlimau, Melaka
      CurrencyMalaysian Ringgit (MYR)
      Number of securities disposed1,906,000 
      Price Transacted ($$) 
      Circumstances by reason of which a person ceases to be a substantial securities HolderDue to disposal of 1,906,000 shares via open market transaction
      Nature of interestDirect
      Date of notice05/06/2014


      SEG - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

      Announcement Type: General Announcement
      Company NameSEG INTERNATIONAL BHD  
      Stock Name SEG  
      Date Announced5 Jun 2014  
      CategoryGeneral Announcement
      Reference NoSI-140605-59385

      TypeAnnouncement
      SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
      DEALINGS OUTSIDE CLOSED PERIOD
      DescriptionDealing by a Principal Officer

      Pursuant to Paragraph 14.09(a) of Bursa Malaysia Securities Berhad's Main Market Listing Requirements, we set out below details of the dealing in the Company's securities by a Principal Officer.

      Chong Poh Yee

      Ordinary shares of RM0.25 each ("Shares")

      Date of DealingExercise price per WarrantNo. of Conversion% of shareholding
      3 June 2014RM0.5030,8000.005

      This announcement is dated 5 June 2014.



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