June 11, 2014

Company announcements: TOMYPAK, SCOMIEN, HAIO, ECOWLD, SPSETIA, RCECAP, WCT, SAM

TOMYPAK - Changes in Director's Interest (S135) - Teoh Kok Swee @ Michael Teoh

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameTOMYPAK HOLDINGS BERHAD  
Stock Name TOMYPAK  
Date Announced11 Jun 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140611-6A9C7

Information Compiled By KLSE

Particulars of Director

NameTeoh Kok Swee @ Michael Teoh
Address10, Jalan Bentangau, Kebun Teh Park, 80250 Johor Bahru, Johor.
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
10/06/2014
80,500
1.370 

Circumstances by reason of which change has occurredDISPOSAL
Nature of interestDIRECT
Consideration (if any) 

Total no of securities after change

Direct (units)101,150 
Direct (%)0.09 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice11/06/2014

Remarks :
This announcement also serve as an announcement pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements for dealings outside closed period. The above disposal of 80,500 ordinary shares of RM0.50 representing 0.07% of the issued shares of the Company.

The percentage is computed based on the total number of shares in issue net of shares bought back by the Company of 109,340,750 ordinary shares of RM0.50 each as at 10 June 2014.


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

Announcement Type: General Announcement
Company NameSCOMI ENGINEERING BHD  
Stock Name SCOMIEN  
Date Announced11 Jun 2014  
CategoryGeneral Announcement
Reference NoSE-140611-54438

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionSCOMI ENGINEERING BHD (“SEB” or “the Company”)
- Dealings in listed securities of the Company outside closed period pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that the following Director has given notice of changes to his indirect interest in SEB outside closed period as set out in the Table hereunder.

This announcement is dated 11 June 2014.

Name of Director

Shah Hakim @ Shahzanim Bin Zain

Type of Securities

Ordinary Shares of RM1.00 each

Nature of Interest

Date Transacted

Opening Balance

No. of Shares Acquired

% of securities acquired

Consideration

(RM)

Closing Balance

% of Shares Held After the Transaction

Direct

-

623,000

-

-

-

623,000

0.18

Indirect (1)

06.06.2014

312,000

30,000

0.008

0.385

342,000

0.10

10.06.2014

342,000

25,000

0.007

0.395

367,000

0.11

Note: (1) Deemed interested by virtue of Section 6A(4) of the Companies Act, 1965 through his shareholding in Rentak Rimbun Sdn Bhd, in respect of the acquisition of shares by Rentak Rimbun Sdn Bhd.



SCOMIEN - Changes in Director's Interest (S135) - Shah Hakim @ Shahzanim Bin Zain ("SHZ")

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameSCOMI ENGINEERING BHD  
Stock Name SCOMIEN  
Date Announced11 Jun 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoSE-140611-53596

Information Compiled By KLSE

Particulars of Director

NameShah Hakim @ Shahzanim Bin Zain (“SHZ”)
AddressNo.32, Jalan Chelagi, Damansara Heights, 50490 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
06/06/2014
30,000
0.385 
Acquired
10/06/2014
25,000
0.395 

Circumstances by reason of which change has occurredAcquisition of shares by Rentak Rimbun Sdn Bhd in open market. Deemed interested by virtue of Section 6A(4) of the Companies Act, 1965 through his shareholding in Rentak Rimbun Sdn Bhd.
Nature of interestIndirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)623,000 
Direct (%)0.18 
Indirect/deemed interest (units)367,000 
Indirect/deemed interest (%)0.11 
Date of notice11/06/2014


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 Announced11 Jun 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCP-140611-269D5

Date of buy back11/06/2014
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)7,200
Minimum price paid for each share purchased ($$)2.480
Maximum price paid for each share purchased ($$)2.490
Total consideration paid ($$)17,988.00
Number of shares purchased retained in treasury (units)7,200
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)6,310,288
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 (%)3.12


ECOWLD - Changes in Sub. S-hldr's Int. (29B) - Liew Tian Xiong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameECO WORLD DEVELOPMENT GROUP BERHAD  
Stock Name ECOWLD  
Date Announced11 Jun 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-140611-37057

Particulars of substantial Securities Holder

NameLiew Tian Xiong
AddressNo. 12, Jalan Changkat Desa, Taman Desa, 58100 Kuala Lumpur, Wilayah Persekutuan
NRIC/Passport No/Company No.911012-10-5123
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary share of RM1.00 each
Name & address of registered holderCIMSEC Nominees (Tempatan) Sdn. Bhd. (Pledged securities account for Liew Tian Xiong)
5th Floor, Bangunan CIMB, Jalan Semantan, Damansara Heights, 50490 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Transferred06/05/2014
88,780,601
 

Circumstances by reason of which change has occurredTransfer of shares from CIMSEC Nominees (Tempatan) Sdn. Bhd. (Pledged securities account for Liew Tian Xiong) to Liew Tian Xiong's account.
Nature of interestDirect interest
Direct (units)88,780,601 
Direct (%)35.05 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change88,780,601
Date of notice11/06/2014

Remarks :
The above changes do not affect his total shareholdings.


ECOWLD - Changes in Director's Interest (S135) - Liew Tian Xiong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameECO WORLD DEVELOPMENT GROUP BERHAD  
Stock Name ECOWLD  
Date Announced11 Jun 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-140611-36541

Information Compiled By KLSE

Particulars of Director

NameLiew Tian Xiong
AddressNo. 12, Jalan Changkat Desa, Taman Desa, 58100 Kuala Lumpur, Wilayah Persekutuan
Descriptions(Class & nominal value)Ordinary share of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Transferred
06/05/2014
88,780,601
 

Circumstances by reason of which change has occurredTransfer of shares from CIMSEC Nominees (Tempatan) Sdn. Bhd. (Pledged securities account for Liew Tian Xiong)
to Liew Tian Xiong's account.
Nature of interestDirect interest
Consideration (if any) 

Total no of securities after change

Direct (units)88,780,601 
Direct (%)35.05 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice11/06/2014

Remarks :
The above changes do not affect his total shareholdings.


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

Announcement Type: General Announcement
Company NameS P SETIA BERHAD  
Stock Name SPSETIA  
Date Announced11 Jun 2014  
CategoryGeneral Announcement
Reference NoSP-140611-57308

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionPROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN A SUBSIDIARY, S P SETIA SECURITY SERVICES SDN BHD TO A DIRECTOR

PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN A SUBSIDIARY, S P SETIA SECURITY SERVICES SDN BHD TO A DIRECTOR

1. INTRODUCTION

The Board of Directors of S P Setia Berhad (“S P Setia” or “Company”) wishes to announce that S P Setia has on 11 June 2014 entered into a Shares Sale Agreement (“SSA”) with Tun Dato’ Seri Zaki Bin Tun Azmi (“Tun Zaki”), the Independent Non-Executive Chairman of S P Setia (“Purchaser”), to dispose its entire 153,000 ordinary shares of RM1.00 each in S P Setia Security Services Sdn Bhd (“SPSSS”) (the “Sale Shares”), representing 51% equity interest, to the Purchaser for a cash consideration of RM278,000 (“Disposal Consideration”) (“Proposed Disposal”).

The Proposed Disposal is deemed a related party transaction. Upon completion of the Proposed Disposal, SPSSS will cease to be a subsidiary of S P Setia.

2. THE PROPOSED DISPOSAL

2.1 SPSSS

SPSSS was incorporated on 22 April 2000 as Darul Tahap (M) Sdn Bhd. It subsequently assumed its present name on 26 June 2003. Its principal activity is the provision of security management services. It is a holder of a private agency license issued by Kementerian Dalam Negeri (“KDN”) under the Private Agencies Act 1971 to carry on the business of private agency (“KDN License”).

The present authorised capital of SPSSS is RM500,000 divided into 500,000 ordinary shares of RM1.00 each, of which 300,000 ordinary shares have been issued and fully paid-up.

The original cost of investment of the Sale Shares was RM153,000, which was invested between 2000 and 2003. According to its last audited financial statements for the financial year ended 31 October 2013, its net tangible assets stood at RM543,475. The net carrying amount of the investment in SPSSS by S P Setia as at 31 October 2013 was RM277,172.

2.2 The Purchaser

Tun Zaki is the Independent Non-Executive Chairman of S P Setia. He currently owns 57,000 ordinary shares of RM1.00 each, representing 19% equity interest in SPSSS. There were no transactions entered into with the Purchaser for the preceding 12 months.

2.3 The Disposal Consideration

The Disposal Consideration of RM278,000 was arrived at on a ‘willing buyer-willing seller’ basis after taking into consideration the net tangible assets of SPSSS as at 31 October 2013, of RM543,475, of which the amount attributable to the Sale Shares is RM277,172.

The Disposal Consideration will be utilized for working capital purposes within 12 months. The gain from the Proposed Disposal is expected to be immaterial.

2.4 Salient Terms of the SSA

The Proposed Disposal is subject to the following conditions precedent, which shall be fulfilled within 90 days from the date of the SSA:

(i) The approval of the Board of Directors of S P Setia, which has been duly obtained;

(ii) In relation to the KDN License, the approval of KDN for the change in shareholdings in SPSSS (“KDN Approval”); and

(iii) The approval of the board of directors and shareholders of SPSSS for the change of name of SPSSS to a name that does not contain the word “S P” and “S P Setia” (“Change of Name”), which shall be subject to the KDN Approval being obtained on the same.

SPSSS shall effect the Change of Name within 3 months from the fulfilment of the conditions precedent abovementioned.

The Disposal Consideration shall be paid within 10 business days from the fulfilment of conditions precedent abovementioned.

2.5 Rationale for the Proposed Disposal

The provision of security management services is not part of the core activities of S P Setia Group. The Proposed Disposal will allow the management to focus more resources on the Company’s core business, i.e. property development.

2.6 Financial impact

The Proposed Disposal is not expected to have any material impact on the earnings, net assets, gearing and share capital of S P Setia.

3. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST

Save for Tun Zaki, who is the Purchaser, who will continue to abstain from all deliberations at the Board meetings of S P Setia in respect of the Proposed Disposal, none of the directors and/or major shareholders of the Company and persons connected to them have any interest, direct or indirect in the Proposed Disposal.

4. AUDIT COMMITTEE’S STATEMENT

The Audit Committee of S P Setia, having considered all aspect of the Proposed Disposal, is of the view that the Proposed Disposal is fair, reasonable and on normal commercial terms, in the best interest of the Company, and not detrimental to the interest of the minority shareholders.

5. STATEMENT BY DIRECTORS

Save for Tun Zaki, the Board of Directors of S P Setia, having considered all aspects of the Proposed Disposal, is of the opinion that the Proposed Disposal is fair and reasonable and is in the best interests of the Company.

6. HIGHEST PERCENTAGE RATIO

Based on the latest audited financial statements of S P Setia for the financial ended 31 October 2013, the highest percentage ratio applicable to the Proposed Disposal pursuant to paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 0.98%.

7. APPROVALS REQUIRED

The Proposed Disposal is NOT subject to the approval of the shareholders of S P Setia. It is only subject to the KDN Approval.

8. COMPLETION DATE

The Proposed Disposal is expected to be completed within three (3) months from the date of this announcement

9. DOCUMENTS FOR INSPECTION

The SSA is available for inspection during normal working hours on Monday to Friday (except public holidays) at the registered office of Plaza 138, Suite 18.03, 18th Floor, 138 Jalan Ampang, 50450 Kuala Lumpur for a period of three (3) months from the date of this announcement.

This announcement is dated 11 June 2014.



RCECAP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameRCE CAPITAL BERHAD  
Stock Name RCECAP  
Date Announced11 Jun 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoRC-140611-23069

Date of buy back11/06/2014
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)120,000
Minimum price paid for each share purchased ($$)0.320
Maximum price paid for each share purchased ($$)0.320
Total consideration paid ($$)38,680.92
Number of shares purchased retained in treasury (units)120,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)32,798,600
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 (%)2.79


WCT - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced11 Jun 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoWW-140611-24F95

Date of buy back11/06/2014
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)34,900
Minimum price paid for each share purchased ($$)2.190
Maximum price paid for each share purchased ($$)2.190
Total consideration paid ($$)76,607.36
Number of shares purchased retained in treasury (units)34,900
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)9,295,300
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 (%)0.851


SAM - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameSAM ENGINEERING & EQUIPMENT (M) BERHAD  
Stock Name SAM  
Date Announced11 Jun 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoCC-140611-DF874

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of Irredeemable Convertible Unsecured Loan Stocks to Ordinary Shares
No. of shares issued under this corporate proposal508,857
Issue price per share ($$)MYR 1.000
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units77,350,080
CurrencyMYR 77,350,080.000
Listing Date13/06/2014


No comments:

Post a Comment