CCM - OTHERS Third Party Utilisation of the Islamic Financing Package Facility from Al-Rajhi Banking & Investment Corporation (Malaysia) Berhad
| Company Name | CHEMICAL COMPANY OF MALAYSIA BERHAD |
| Stock Name | CCM |
| Date Announced | 21 Jul 2014 |
| Category | General Announcement |
| Reference No | CC-140717-57943 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Third Party Utilisation of the Islamic Financing Package Facility from Al-Rajhi Banking & Investment Corporation (Malaysia) Berhad |
1. INTRODUCTION The Board of Directors of Chemical Company of Malaysia Berhad (“CCM” or “the Company”) wishes to announce that the Company has entered into an agreement with Al-Rajhi Banking & Investment Corporation (Malaysia) Berhad (“Al-Rajhi”), to allow for third party utilization of the Islamic Financing Package Facility (“the Facility”) to its subsidiary, CCM Chemicals Sdn Bhd (“CCMC”), upon the terms and conditions as contained in the Bank’s offer letter.
2. INFORMATION ON CHEMICAL COMPANY OF MALAYSIA BERHAD CCM was incorporated in Malaysia on 7 August 1963 under the Companies Ordinance, 1940-1946 under the name of Chemical Company of Malaysia Limited. On 15 April 1966, CCM assumed its present name. It was listed on the Main Board of Bursa Securities on 24 March 1966 and having its registered address at 13th Floor, Menara PNB, 201-A Jalan Tun Razak, 50400 Kuala Lumpur. CCM is an investment holding and management company with subsidiaries and an associate company engaged in the manufacturing, marketing and/ or supply of fertilizers, chemicals and pharmaceuticals products and services.
3. INFORMATION ON CCM CHEMICALS SDN BHD (“CCMC”) CCMC was incorporated in Malaysia as a private limited company, under the name of ICI Industrial Chemicals (Malaysia) Sdn Bhd on 12 February 1987 and later assumed its present name on 12 February 1995. CCMC is 80% owned by CCM and is principally engaged in the manufacturing and marketing of chlor-alkali and coagulant products and marketing of industrial and specialty chemicals. The remaining 20% of the paid-up capital of CCMC is held by Lanjut Setia Sdn Bhd (10%) and Permodalan Nasional Berhad (10%).
4. 4. RATIONALE FOR THE THIRD PARTY UTILISATION CCMC will be drawing down RM10.0 million of the Facility as part of its third party utilization which had been pre-approved under the terms offered by Al-Rajhi to facilitate the funding of its capital expenditure requirements. 5. FINANCIAL EFFECT OF THE FACILITY
(a) Share Capital The Facility will not have any effect on the share capital of the Company and the shareholding of the substantial shareholders of the Company.
(b) Net Assets The Facility will not have any material effect on the net assets of the CCM Group for the financial year ending 31 December 2014.
(c) Earnings The Facility will not have any material effect on the earnings of the CCM Group for the financial year ending 31 December 2014.
(d) Utilisation of Proceeds There will be no utilisation of proceeds arising from the acceptance of the Facility.
6. INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND PERSONS CONNECTED None of the Directors and/or substantial shareholders of CCM and persons connected have any interest, direct or indirect, in the Facility.
7. DIRECTORS’ RECOMMENDATION The Board, after careful deliberation, is of the opinion that acceptance of the Facility is in the best interest of the Company and CCM Group. 8. APPROVAL REQUIRED No approval from the relevant regulatory authority is required for the acceptance of the Facility from Al-Rajhi. 9. DOCUMENTS FOR INSPECTION The relevant agreements in relation to the Facility are available for inspection at the Registered Office of the Company at 13th Floor, Menara PNB, 201-A Jalan Tun Razak, 50400 Kuala Lumpur during normal office hours for a period of one month from the date of this announcement. This announcement is dated 21 July 2014 | |
NARRA - Changes in Sub. S-hldr's Int. (29B) - HL Holdings Sdn Bhd
| Company Name | NARRA INDUSTRIES BERHAD |
| Stock Name | NARRA |
| Date Announced | 21 Jul 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | NI-140718-BC178 |
Particulars of substantial Securities Holder
| Name | HL Holdings Sdn Bhd |
| Address | Level 10, Wisma Hong Leong, 18 Jalan Perak, 50450 Kuala Lumpur |
| NRIC/Passport No/Company No. | 18168-D |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | Assets Nominees (Tempatan) Sdn Bhd |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 16/07/2014 | 97,300 |
| Remarks : |
| This announcement is dated 21 July 2014. |
NARRA - Changes in Sub. S-hldr's Int. (29B) - Hong Leong Company (Malaysia) Berhad
| Company Name | NARRA INDUSTRIES BERHAD |
| Stock Name | NARRA |
| Date Announced | 21 Jul 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | NI-140718-BC172 |
Particulars of substantial Securities Holder
| Name | Hong Leong Company (Malaysia) Berhad |
| Address | Level 10, Wisma Hong Leong, 18 Jalan Perak, 50450 Kuala Lumpur |
| NRIC/Passport No/Company No. | 7802-V |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | Assets Nominees (Tempatan) Sdn Bhd |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 16/07/2014 | 97,300 |
| Remarks : |
| This announcement is dated 21 July 2014. |
NARRA - Changes in Sub. S-hldr's Int. (29B) - Hong Leong Manufacturing Group Sdn Bhd
| Company Name | NARRA INDUSTRIES BERHAD |
| Stock Name | NARRA |
| Date Announced | 21 Jul 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | NI-140718-BC177 |
Particulars of substantial Securities Holder
| Name | Hong Leong Manufacturing Group Sdn Bhd |
| Address | Level 9, Wisma Hong Leong, 18 Jalan Perak, 50450 Kuala Lumpur |
| NRIC/Passport No/Company No. | 747140-U |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | Assets Nominees (Tempatan) Sdn Bhd |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 16/07/2014 | 97,300 |
| Remarks : |
| This announcement is dated 21 July 2014. |
NARRA - Changes in Sub. S-hldr's Int. (29B) - Tan Sri Quek Leng Chan
| Company Name | NARRA INDUSTRIES BERHAD |
| Stock Name | NARRA |
| Date Announced | 21 Jul 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | NI-140718-BC169 |
Particulars of substantial Securities Holder
| Name | Tan Sri Quek Leng Chan |
| Address | Level 11, Wisma Hong Leong, 18 Jalan Perak, 50450 Kuala Lumpur |
| NRIC/Passport No/Company No. | 430812-71-5133 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | Assets Nominees (Tempatan) Sdn Bhd |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 16/07/2014 | 97,300 |
| Remarks : |
| This announcement is dated 21 July 2014. |
THPLANT - Change in Boardroom
| Company Name | TH PLANTATIONS BERHAD |
| Stock Name | THPLANT |
| Date Announced | 21 Jul 2014 |
| Category | Change in Boardroom |
| Reference No | TP-140721-D25BB |
| Date of change | 21/07/2014 |
| Name | DATO' MOHAMAD NORZA BIN ZAKARIA |
| Age | 48 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Director |
| Directorate | Independent & Non Executive |
| Qualifications | i. 1986 to 1988: Bachelor of Commerce (Major in Accounting) - University of Wollongong, New South Wales, Australia ii. 1992: Chartered Accountants - Malaysian Institute of Accountants iii. 2008: Fellow of CPA Australia (FCPA) - CPA Australia |
| Working experience and occupation | i. 1988 to 1990: Senior Audit Assistant - Arthur Anderson & Co. / Hanafiah, Raslan & Mohamad ii. 1990 to 1991: Executive of Bank Regulation Department - Bank Negara Malaysia iii. 1991 to 1994: Senior Executive, Finance & Administration - Gas & Petrochemical Development Division, Petronas iv. 1994 to 1995: Group Financial Controller - SPK Sentosa Corporation Berhad v. 1995 to 1997: Group General Manager of Audit - Mun Loong Berhad vi. 1998 to 2004: Chief Executive Officer - Gabungan Strategik Sdn Bhd. vii. 2004 to 2008: Political Secretary to the Minister of Finance II viii. 2008 to current: President of Citaglobal Sdn Bhd |
| Directorship of public companies (if any) | i. Bintulu Port Holdings Berhad ii. TH Heavy Engineering Berhad iii. Pelikan International Corporation Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Remarks : |
| Gender - Male. |
THPLANT - Change in Audit Committee
| Company Name | TH PLANTATIONS BERHAD |
| Stock Name | THPLANT |
| Date Announced | 21 Jul 2014 |
| Category | Change in Audit Committee |
| Reference No | TP-140721-D25E2 |
| Date of change | 21/07/2014 |
| Name | DATO' MOHAMAD NORZA BIN ZAKARIA |
| Age | 48 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | i. 1986 to 1988: Bachelor of Commerce (Major in Accounting) - University of Wollongong, New South Wales, Australia ii. 1992: Chartered Accountants - Malaysian Institute of Accountants iii. 2008: Fellow of CPA Australia (FCPA) - CPA Australia |
| Working experience and occupation | i. 1988 to 1990: Senior Audit Assistant - Arthur Anderson & Co. / Hanafiah, Raslan & Mohamad ii. 1990 to 1991: Executive of Bank Regulation Department - Bank Negara Malaysia iii. 1991 to 1994: Senior Executive, Finance & Administration - Gas & Petrochemical Development Division, Petronas iv. 1994 to 1995: Group Financial Controller - SPK Sentosa Corporation Berhad v. 1995 to 1997: Group General Manager of Audit - Mun Loong Berhad vi. 1998 to 2004: Chief Executive Officer - Gabungan Strategik Sdn Bhd. vii. 2004 to 2008: Political Secretary to the Minister of Finance II viii. 2008 to current: President of Citaglobal Sdn Bhd |
| Directorship of public companies (if any) | i. Bintulu Port Holdings Berhad ii. TH Heavy Engineering Berhad iii. Pelikan International Corporation Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Composition of Audit Committee (Name and Directorate of members after change) | 1. Dato' Mohamad Norza bin Zakaria (Chairman, Independent Non-Executive Director) 2. Dato' Noordin bin Md Noor (Member, Independent Non-Executive Director) 3. Dato' Amran bin Mat Nor (Member, Independent Non-Executive Director) 4. Datuk Seri Nurmala binti Abd Rahim (Member, Independent Non-Executive Director) 5. Datuk Azizan bin Abd Rahman (Member, Non-Independent Non-Executive Director) |
| Remarks : |
| Gender - Male. |
SONA - SONA-TRADING HALT & RESUMPTION OF TRADING
| Company Name | SONA PETROLEUM BERHAD |
| Stock Name | SONA |
| Date Announced | 21 Jul 2014 |
| Category | Listing Circular |
| Reference No | IJ-140718-64179 |
LISTING'S CIRCULAR NO. L/Q : 71116 OF 2014
Kindly be advised that trading in the above Company's securities will be halted with effect from 9.00 a.m., Monday, 21 July 2014.
Trading in the securities will resume with effect from 10.00 a.m., Monday, 21 July 2014.
Your attention is drawn to the Company's announcement dated 21 July 2014.
VS - Additional Listing Announcement
| Company Name | V.S. INDUSTRY BERHAD |
| Stock Name | VS |
| Date Announced | 21 Jul 2014 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | VI-140718-5034A |
1. Details of Corporate Proposal | |
| Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
| Types of corporate proposal | ESOS |
| Details of corporate proposal | Employees' Share Option Scheme |
| No. of shares issued under this corporate proposal | 1,606,800 |
| Issue price per share ($$) | MYR 1.540 |
| Par Value ($$) | MYR 1.000 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
| Units | 184,533,506 |
| Currency | MYR 184,533,506.000 |
| Listing Date | 22/07/2014 |
PHARMA - Changes in Director's Interest (S135) - Dato' Farshila Emran
| Company Name | PHARMANIAGA BERHAD |
| Stock Name | PHARMA |
| Date Announced | 21 Jul 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | PB-140721-480E1 |
Information Compiled By KLSE
Particulars of Director
| Name | Dato' Farshila Emran |
| Address | No. 21, Jalan 5/1B, Kemensah Residency Taman Kemensah Heights 68000 Ampang, Selangor |
| 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 | 100,000 | 4.820 |
| Circumstances by reason of which change has occurred | Sale of shares |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 484,000 |
| Direct (%) | 0.187 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 17/07/2014 |
| Remarks : |
| This announcement is also made to comply with Paragraph 14.09 of the Main Market Listing Requirements. |
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