July 30, 2014

Company announcements: IRIS, PERWAJA, VS, PERDANA, GUNUNG

IRIS - OTHERS ARTICLE ENTITLED “HITCH IN IRIS’ TIMBER-LOGGING PLAN’ ON PAGE 9 OF FOCUS MALAYSIA DATED JULY 26TH, 2014 (“Article”)

Announcement Type: General Announcement
Company NameIRIS CORPORATION BERHAD (ACE Market) 
Stock Name IRIS  
Date Announced30 Jul 2014  
CategoryGeneral Announcement
Reference NoIC-140730-47437

TypeAnnouncement
SubjectOTHERS
DescriptionARTICLE ENTITLED “HITCH IN IRIS’ TIMBER-LOGGING PLAN’ ON PAGE 9 OF FOCUS MALAYSIA DATED JULY 26TH, 2014 (“Article”)

ARTICLE ENTITLED “HITCH IN IRIS’ TIMBER-LOGGING PLAN’ ON PAGE 9 OF  FOCUS MALAYSIA DATED JULY 26TH, 2014 (“Article”)

 

Pursuant to an article on page 9 of Focus Malaysia entitled “HITCH IN IRIS ‘ TIMBER-LOGGING PLAN’ , the Board of Directors of IRIS Corporation Berhad (“the Company”) wishes to clarify the following:-

The Company had on 14th April, 2014 entered into a Joint Venture Agreement (“Agreement”) with Alvery Resources Limited (“ALVERY”) a company incorporated in Papua New Guinea for the proposed development of 100,000 hectares land in Portion 17C, Oro Province of Papua New Guinea. The Agreement is at all material times subject and conditional upon the fulfilment of several Conditions Precedent as enumerated in our announcement dated 14th April 2014 primarily on the validity of the sublease and approvals on the proposed 100,000 hectares of land.

The Company did not have any knowledge whatsoever that the Subleased Land (100,000 hectares) was already subleased by the Proprietors to any third party as it relied on the representations and warranties of ALVERY and agreed to enter into a  Conditional JV agreement pending the completion of a legal due diligence which is currently on going. The Agreement terminates automatically in the event it remains conditional and the Subleased Land is not free from all/or any encumbrances (where the JV does not acquire a clean and valid sublease from the Proprietors).

 

The Company is being advised from time to time by the authorities in the Department of Lands and Physical Planning, Office of Registrar of Titles of Papua New Guinea on the legality of the Subleased Land to Musa Century Ltd and will inform Bursa upon receipt of conclusive information on the status of the JV .

 

The Company has no knowledge whatsoever about any legal action being taken by any third party in Papua New Guinea with regards to the Subleased Land and confirm it is not a party to any such suits.

 

This announcement is made ion 30th July, 2014.



PERWAJA - Changes in Director's Interest (S135) - Dato' Ong Tee Thong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePERWAJA HOLDINGS BERHAD  
Stock Name PERWAJA  
Date Announced30 Jul 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoPH-140730-41010

Information Compiled By KLSE

Particulars of Director

NameDato' Ong Tee Thong
Address22 Bukit Kesenangan
Jalan Abdul Samad
80100 Johor Bahru
Johor
Descriptions(Class & nominal value)Warrants

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
17/07/2014
47,000
0.055 
Disposed
17/07/2014
30,000
0.055 

Circumstances by reason of which change has occurredDisposal of warrants in open market
Nature of interestDirect Interest
Consideration (if any)RM0.0550 per warrant for disposal of 47,000 shares
RM0.0550 per warrant for disposal of 30,000 shares 

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice30/07/2014

Remarks :
1.Notification received on 30 July 2014.

2.This announcement is also made to comply with Chapter 14, paragraph 14.09 (dealings outside closed period) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad:

a.Details of the 47,000 warrants ("Disposal 1") and 30,000 warrants ("Disposal 2") transacted are as follows:

i.Date of transaction: 17 July 2014 (Disposal 1 and Disposal 2);

ii.Consideration for dealing:RM0.0550 per warrant for Disposal 1 and RM0.0550 per warrant for Disposal 2; and

iii.Amount of warrants disposed: 47,000 warrants (0.0168%)for Disposal 1 and 30,000 warrants (0.0107%) for Disposal - direct interest.

After the Disposal 1 & Disposal 2, the direct interest in NIL.

This announcement is dated 30 July 2014.


PERWAJA - Changes in Director's Interest (S135) - Dato' Ong Tee Thong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePERWAJA HOLDINGS BERHAD  
Stock Name PERWAJA  
Date Announced30 Jul 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoPH-140730-39282

Information Compiled By KLSE

Particulars of Director

NameDato' Ong Tee Thong
Address22 Bukit Kesenangan
Jalan Abdul Samad
80100 Johor Bahru
Johor
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)
Disposed
17/07/2014
94,000
0.135 
Disposed
17/07/2014
60,000
0.130 

Circumstances by reason of which change has occurredDisposal of shares in open market
Nature of interestDirect Interest
Consideration (if any)RM0.135 per share for sale of 94,000 shares
RM0.130 per share for sale of 60,000 shares 

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice30/07/2014

Remarks :
1.Notification received on 30 July 2014.

2.This announcement is also made to comply with Chapter 14, paragraph 14.09 (dealings outside closed period) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad:

a.Details of the 94,000 shares ("Disposal 1") and 60,000 shares ("Disposal 2") transacted are as follows:

i.Date of transaction: 17 July 2014 (Disposal 1 and Disposal 2);

ii.Consideration for dealing:RM0.1350 per share for Disposal 1 and RM0.1305 per share for Disposal 2; and

iii.Amount of shares disposed: 94,000 shares (0.0168%)for Disposal 1 and 60,000 shares (0.0107%) for Disposal 2 - direct interest.

After the Disposal 1 & Disposal 2, the direct interest in NIL.

This announcement is dated 30 July 2014.


VS - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameV.S. INDUSTRY BERHAD  
Stock Name VS  
Date Announced30 Jul 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoVI-140724-3D9F7

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalEmployees' Share Option Scheme
No. of shares issued under this corporate proposal722,000
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
Units185,438,706
CurrencyMYR 185,438,706.000
Listing Date31/07/2014


PERDANA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NamePERDANA PETROLEUM BERHAD  
Stock Name PERDANA  
Date Announced30 Jul 2014  
CategoryGeneral Announcement
Reference NoCA-140730-48441

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionPerdana Petroleum Berhad ("the Company") has received today, the notification from Dato' Kho Poh Eng of his intention to trade during the closed period pursuant to paragraph 14.08 of the Main Market Listing Requirements.

His holding of securities as at 30 July 2014 are as follows:

Direct Interest
Ordinary Shares - 37,428,969 (5.15%)
Warrants 2010/2015 - 3,982,613 (7.67%)

Indirect Interest
Ordinary Shares - 390,000 (0.05%)
Warrants 2010/2015 - 20,252 (0.04%)

This announcement is dated 30 July 2013.



GUNUNG - Changes in Sub. S-hldr's Int. (29B) - OOI HOCK LAI

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGUNUNG CAPITAL BERHAD  
Stock Name GUNUNG  
Date Announced30 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCG-140730-4E31A

Particulars of substantial Securities Holder

NameOOI HOCK LAI
AddressNO. 10 JALAN SERI PETALING 3
TAMAN SERI PETALING, 57000
KUALA LUMPUR
NRIC/Passport No/Company No.530614-08-5853
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.40 EACH
Name & address of registered holder1) Alliance Group Nominees (Tempatan) Sdn Bhd
(Pledged Securities : Ooi Hock Lai)
17th Floor, Menara Multi-Purpose, Capital Square
No. 8 Jalan Munshi Abdullah, 50100 Kuala Lumpur
4,000,000 ordinary shares

2) Public Nominees (Tempatan) Sdn Bhd
(Pledged Securities : Ooi Hock Lai)
P.O.Box 11167, 50738 Kuala Lumpur
3,260,000 ordinary shares

3) Alliance Group Nominees (Tempatan) Sdn Bhd
(Pledged Securities : Ooi Hock Lai)
17th Floor, Menara Multi-Purpose, Capital Square
No. 8 Jalan Munshi Abdullah, 50100 Kuala Lumpur
725,000 ordinary shares

4) RHB Capital Nominees (Tempatan) Sdn Bhd
(Pledged Securities : Ooi Hock Lai)
10th Floor, Plaza OSK, Jalan Ampng
50450 Kuala Lumpur
3,200,000 ordinary shares

4) Ooi Hock Lai
No. 10 Jalan Seri Petaling 3
Taman Seri Petaling, 57000
Kuala Lumpur
866,000 ordinary shares

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired22/07/2014
5,000
 
Acquired25/07/2014
28,000
 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDirect Interest
Direct (units)12,051,000 
Direct (%)8.51 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change12,051,000
Date of notice25/07/2014


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