June 5, 2014

Company announcements: YILAI, SILKHLD, MUDAJYA, AIRASIA, EVERGRN, AXREIT

YILAI - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameYI-LAI BERHAD  
Stock Name YILAI  
Date Announced5 Jun 2014  
CategoryChange in Audit Committee
Reference NoCC-140603-61052

Date of change05/06/2014
NameONG CHIN LIN
Age66
NationalityMALAYSIAN
Type of changeAppointment
DesignationChairman of Audit Committee
DirectorateIndependent & Non Executive
QualificationsBACHELOR OF COMMERCE (MAJORING IN ACCOUNTANCY) FROM THE NANYANG UNIVERSITY, SINGAPORE AND A FELLOW MEMBER OF THE INSTITUTE OF CHARTERED ACCOUNTANTS IN ENGLAND AND WALES. HE IS ALSO A MEMBER OF THE MALAYSIAN INSTITUTE OF ACCOUNTANTS. 
Working experience and occupation HE HAS VAST WORKING EXPERIENCES AS INTERNAL AUDITOR, FINANCIAL CONTROLLER AND FINANCIAL CONSULTANT IN A VARIETY OF INDUSTRIES INCLUDING OIL AND GAS, MANUFACTURING AND BUSINESS CONSULTANCY.  
Directorship of public companies (if any)NONE 
Family relationship with any director and/or major shareholder of the listed issuerNONE 
Any conflict of interests that he/she has with the listed issuerNONE 
Details of any interest in the securities of the listed issuer or its subsidiariesNONE 
Composition of Audit Committee (Name and Directorate of members after change)CHAIRMAN - MR ONG CHIN LIN (INDEPENDENT NON-EXECUTIVE)
MEMBER - ENCIK ZABIDI BIN MD ZAIN (INDEPENDENT NON-EXECUTIVE)
MEMBER - MS WENDY KANG HUI LIN (NON-INDEPENDENT NON-EXECUTIVE)


YILAI - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameYI-LAI BERHAD  
Stock Name YILAI  
Date Announced5 Jun 2014  
CategoryChange in Boardroom
Reference NoCC-140530-45136

Date of change05/06/2014
NameWENDY KANG HUI LIN
Age44
NationalitySINGAPOREAN
Type of changeAppointment
DesignationNon-Executive Director
DirectorateNon Independent & Non Executive
QualificationsBACHELOR OF COMMERCE (MAJOR IN ACCOUNTING) FROM UNIVERSITY OF NEW SOUTH WALES, SYDNEY, AUSTRALIA. 
Working experience and occupation SHE IS CURRENTLY A DIRECTOR OF AMROP SINGAPORE, AN INTERNATIONAL NETWORK OF SEARCH CONSULTANTS.  
Directorship of public companies (if any)NIL 
Family relationship with any director and/or major shareholder of the listed issuerSHE HAS SUBSTANTIAL SHAREHOLDING IN THE MAJOR SHAREHOLDER OF YI-LAI BERHAD, HAMPTON CAPITAL PTE. LTD. 
Any conflict of interests that he/she has with the listed issuerNIL 
Details of any interest in the securities of the listed issuer or its subsidiariesINDIRECT SHAREHOLDING OF 49,666,750 ORDINARY SHARES OF RM0.50 EACH IN THE CAPITAL OF YI-LAI BERHAD BY VIRTUE OF HER SUBSTANTIAL SHAREHOLDING IN HAMPTON CAPITAL PTE. LTD., A MAJOR SHAREHOLDER OF YI-LAI BERHAD.  


YILAI - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameYI-LAI BERHAD  
Stock Name YILAI  
Date Announced5 Jun 2014  
CategoryChange in Boardroom
Reference NoCC-140603-60059

Date of change05/06/2014
NameLIM OON KOK
Age70
NationalitySINGAPOREAN
DesignationManaging Director
DirectorateExecutive
Type of changeResignation
ReasonDISPOSAL OF HIS ENTIRE SHAREHOLDING IN THE CAPITAL OF YI-LAI BERHAD
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
Qualifications 
Working experience and occupation  
Directorship of public companies (if any) 
Family relationship with any director and/or major shareholder of the listed issuer 
Any conflict of interests that he/she has with the listed issuer 
Details of any interest in the securities of the listed issuer or its subsidiaries 


YILAI - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameYI-LAI BERHAD  
Stock Name YILAI  
Date Announced5 Jun 2014  
CategoryChange in Boardroom
Reference NoCC-140530-43309

Date of change05/06/2014
NameTAN JIAN HONG, AARON
Age30
NationalityMALAYSIAN
Type of changeAppointment
DesignationExecutive Director
DirectorateExecutive
QualificationsBACHELOR OF ARTS IN ECONOMICS FROM JOHNS HOPKINS UNIVERSITY, BALTIMORE, MARYLAND, USA. 
Working experience and occupation HE IS CURRENTLY A DIRECTOR OF WASCO CORROSION SERVICES SDN. BHD. AND IS OVERALL RESPONSIBLE FOR THE MANAGEMENT OF THE SAID COMPANY. 
Directorship of public companies (if any)NIL 
Family relationship with any director and/or major shareholder of the listed issuerHE HAS SUBSTANTIAL SHAREHOLDING IN THE MAJOR SHAREHOLDER OF YI-LAI BERHAD, HAMPTON CAPITAL PTE. LTD.  
Any conflict of interests that he/she has with the listed issuerNIL 
Details of any interest in the securities of the listed issuer or its subsidiariesINDIRECT SHAREHOLDING OF 49,666,750 ORDINARY SHARES OF RM0.50 EACH IN THE CAPITAL OF YI-LAI BERHAD BY VIRTUE OF HIS SUBSTANTIAL SHAREHOLDING IN HAMPTON CAPITAL PTE. LTD., A MAJOR SHAREHOLDER OF YI-LAI BERHAD.  


SILKHLD - OTHERS AWARD OF CONTRACTS FOR THE PROVISION OF TWO (2) UNITS OF ANCHOR HANDLING TUG SUPPLY VESSELS

Announcement Type: General Announcement
Company NameSILK HOLDINGS BERHAD  
Stock Name SILKHLD  
Date Announced5 Jun 2014  
CategoryGeneral Announcement
Reference NoC&-140604-5FA86

TypeAnnouncement
SubjectOTHERS
DescriptionAWARD OF CONTRACTS FOR THE PROVISION OF TWO (2) UNITS OF ANCHOR HANDLING TUG SUPPLY VESSELS

INTRODUCTION

SILK Holdings Bhd ("SILK") is pleased to announce that its subsidiary, Jasa Merin (Malaysia) Sdn Bhd ("JMSB"), has been awarded two (2) contracts by Lundin Malaysia B.V. ("Lundin"), for the provision of one (1) of Anchor Handling Tug Supply Vessel each.

DURATION OF CONTRACT

The two (2) vessels earmarked for this contract will be deployed by middle of June 2014 for a primary term of twenty five (25) months and may be extended for a further one (1) year period at the discretion of Lundin.

RISK FACTORS

Risk factors affecting the contracts are mainly operational risks such as accidents and unexpected breakdown of vessels. Notwithstanding this, the Company shall always ensure strict compliance to the safety and operational procedures in the execution of contract requirements and has developed a programmed maintenance schedule which stringently adheres to the International Safety Management (ISM) Standards in maintaining performance and seaworthiness of all vessels.

FINANCIAL EFFECTS

Both contracts, estimated at having a cumulative value of more than RM104.5 Million for the primary term, are expected to contribute positively to the earnings of the Group for the financial year ending 31 July 2014 and beyond. The contracts are not expected to have any effect on the share capital and shareholding structure of SILK. There are no significant risks involved in JMSB fulfilling the obligations under the contract.

DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS

None of the Directors or major shareholders or persons connected to the Directors or major shareholders has any direct or indirect interest in the contracts awarded.

DIRECTORS’ STATEMENT

The Board of SILK is of the opinion the acceptance of both contracts are in the best interest of SILK Group.

This announcement is dated 5 June 2014.



MUDAJYA - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company NameMUDAJAYA GROUP BERHAD  
Stock Name MUDAJYA  
Date Announced5 Jun 2014  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoMG-140603-2B05A

Date of buy back from23/05/2014
Date of buy back to02/06/2014
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)756,500
Minimum price paid for each share purchased ($$)2.450
Maximum price paid for each share purchased ($$)2.580
Total amount paid for shares purchased ($$)1,896,724.09
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)756,500
Total number of shares retained in treasury (units)11,557,900
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished
Date lodged with registrar of companies05/06/2014
Lodged by Mudajaya Group Berhad


AIRASIA - Changes in Sub. S-hldr's Int. (29B) - WELLINGTON MANAGEMENT COMPANY, LLP

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAIRASIA BERHAD  
Stock Name AIRASIA  
Date Announced5 Jun 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCM-140605-9A4E8

Particulars of substantial Securities Holder

NameWELLINGTON MANAGEMENT COMPANY, LLP
Address280 CONGRESS STREET, BOSTON, MA 02210, U.S.A.
NRIC/Passport No/Company No.N/A
Nationality/Country of incorporationMASSACHUSETTS, U.S.A.
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.10 EACH
Name & address of registered holder1. Cartaban Nominees (Asing) Sdn. Bhd. - 107,461,157
2. Citigroup Nominees (Asing) Sdn. Bhd. - 4,548,055
3. HSBC Nominees (Asing) Sdn. Bhd. - 48,006,047
4. JP Morgan Chase Bank N.A. - 19,381,055
5. Master Trust Bank of Japan Ltd. - 12,086,600
6. Mellon Bank, N.A. - 28,811,323
7. RBC Dexia Investor Services - 15,652,685
8. Danske Bank A/S - 1,031,100
9. Skandinaviska Enskilda Banken AB - 3,459,960

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed29/05/2014
5,099,600
 
Disposed30/05/2014
3,428,100
 
Acquired30/05/2014
1,069,900
 
Disposed02/06/2014
864,811
 
Acquired02/06/2014
941,700
 
Acquired03/06/2014
1,722,698
 

Circumstances by reason of which change has occurredAcquisition and Disposal of Shares
Nature of interestDirect
Direct (units)240,437,982 
Direct (%)8.64 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change240,437,982
Date of notice04/06/2014

Remarks :
Wellington Management Company, LLP is registered as an investment advisor with the United States Securities and Exchange Commission under Section 203 of the Investment Advisors Act of 1940, as amended and acts as discretionary investment manager on behalf of various separate accounts.

This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder dated 04/06/2014 of Wellington Management Company, LLP received by the registered office of AirAsia Berhad on 04/06/2014.


EVERGRN - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameEVERGREEN FIBREBOARD BERHAD  
Stock Name EVERGRN  
Date Announced5 Jun 2014  
CategoryChange in Audit Committee
Reference NoCC-140602-36842

Date of change05/06/2014
NameKuan Kai Seng
Age40
NationalityMalaysian
Type of changeAppointment
DesignationMember of Audit Committee
DirectorateIndependent & Non Executive
Qualifications1. Bachelor degree in accountancy from Nelson Polytechnic, New Zealand - 1999
2. Chartered accountancy of the Institute Chartered Accountant of New Zealand - 2002 
Working experience and occupation 1. Audit Assistant with Ernst & Young from 1999 to 2002.
2. Group Accountant with a local group of companies for 3 years.
3. Public practice as a chartered accountant in a member firm of MIA
4. Consultant currently in local professional firms 
Directorship of public companies (if any)1. Independent Director of Karyon Industries Berhad
2. Executive Director of Xian Leng Holdings Berhad 
Family relationship with any director and/or major shareholder of the listed issuerNone 
Any conflict of interests that he/she has with the listed issuerNone 
Details of any interest in the securities of the listed issuer or its subsidiariesNone 
Composition of Audit Committee (Name and Directorate of members after change)1. Law Ngee Song - Chairman
2. Datuk Syed Izuan bin Syed Kamarulbahrin - Member
3. Kuan Kai Seng - Member


EVERGRN - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameEVERGREEN FIBREBOARD BERHAD  
Stock Name EVERGRN  
Date Announced5 Jun 2014  
CategoryChange in Boardroom
Reference NoCC-140602-36016

Date of change05/06/2014
NameKuan Kai Seng
Age40
NationalityMalaysian
Type of changeAppointment
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
Qualifications1. Bachelor degree in accountancy from Nelson Polytechnic, New Zealand - 1999
2. Chartered accountancy of the Institute Chartered Accountant of New Zealand - 2002 
Working experience and occupation 1. Audit assistant with Ernst & Young from 1999 to 2002
2. Group Accountant with a local group of companies for 3 years
3. Public practice as chartered accountant in a member firm of MIA
4. Consultant currently in local professional firms  
Directorship of public companies (if any)1. Independent Director of Karyon Industries Berhad
2. Executive Director of Xian Leng Holdings Berhad 
Family relationship with any director and/or major shareholder of the listed issuerNone 
Any conflict of interests that he/she has with the listed issuerNone 
Details of any interest in the securities of the listed issuer or its subsidiariesNone 


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

Announcement Type: General Announcement
Company NameAXIS REAL ESTATE INVESTMENT TRUST  
Stock Name AXREIT  
Date Announced5 Jun 2014  
CategoryGeneral Announcement
Reference NoCC-140602-41870

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
DescriptionRecurrent and Optional Income Distribution Reinvestment Plan ("IDRP") applicable to 2014 First Interim Income Distribution - New Units to be issued pursuant to the IDRP

Reference is made to the announcements dated 21 April 2014 and 19 May 2014 in relation to the IDRP applicable to the 2014 First Interim Income Distribution, that allows unitholders of Axis Real Estate Investment Trust ("Axis-REIT") to reinvest their income distribution in new units in Axis-REIT.

The Board of Directors of Axis REIT Managers Berhad, the management company of Axis-REIT, is pleased to announce that based on the valid Income Distribution Reinvestment Forms ("IDRFs") received by Axis-REIT's registrars, Symphony Share Registrars Sdn Bhd on 2 June 2014, being the expiry date for submission of the IDRFs, Axis-REIT is required to issue 2,461,009 new units in Axis-REIT ("New Units") pursuant to the IDRP in respect of the 2014 First Interim Income Distribution. The New Units represent approximately 84% of the 2,928,846 total number of new units that would have been issued pursuant to the IDRP, had all the entitled unitholders of Axis-REIT elected to reinvest their respective electable portion under the IDRP in new units.

This announcement is dated 5 June 2014.



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