July 25, 2014

Company announcements: JAG, KANGER, CIMBA40, CIMBC25, MAYBANK, IJM, TASEK, NARRA

JAG - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameJAG BERHAD (ACE Market) 
Stock Name JAG  
Date Announced25 Jul 2014  
CategoryGeneral Meetings
Reference NoCS-140725-30370

Admission SponsorTA Securities Holdings Bhd
SponsorSame as above
Type of MeetingEGM
IndicatorOutcome of Meeting
Date of Meeting25/07/2014
Time10:00 AM
VenuePermai 1, 1st Floor,
Kota Permai Golf and Country Club,
No. 1, Jalan 31/100A,
Kota Kemuning, Section 31,
40460 Shah Alam,
Selangor Darul Ehsan
Outcome of Meeting

JAG BERHAD (FORMERLY KNOWN AS INFORTECH ALLIANCE BERHAD) ("JAG" OR "THE COMPANY")
- PROPOSED BONUS ISSUE OF SHARES
- PROPOSED FREE WARRANTS ISSUE

The Board of Directors of JAG wishes to inform that all the resolutions as per the Notice of the Extraordinary General Meeting ("EGM") dated 10 July 2014 were duly passed at the EGM of the Company held today.

This announcement is dated 25 July 2014.



KANGER - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameKANGER INTERNATIONAL BERHAD (ACE Market) 
Stock Name KANGER  
Date Announced25 Jul 2014  
CategoryPDF Submission
Reference NoMI-140724-58828

Admission SponsorKenanga Investment Bank Bhd
SubjectCIRCULAR IN RELATION TO

(I) PROPOSED BONUS ISSUE OF 86,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN KANGER (“KANGER SHARES”) (“BONUS SHARES”) ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FIVE (5) EXISTING KANGER SHARES HELD;

(II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL FROM RM50,000,000 COMPRISING 500,000,000 KANGER SHARES TO RM100,000,000 COMPRISING 1,000,000,000 KANGER SHARES; AND

(III) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF KANGER,

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")


CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE ASEAN 40 MALAYSIA  
Stock Name CIMBA40  
Date Announced25 Jul 2014  
CategoryGeneral Announcement
Reference NoOB-140725-46446

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
Date: 25-Jul-2014
IOPV per unit (RM): 1.7462
Units in circulation (units): 1,350,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 11,578.19



CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE CHINA 25  
Stock Name CIMBC25  
Date Announced25 Jul 2014  
CategoryGeneral Announcement
Reference NoOB-140725-46414

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE China 25
Date: 25-Jul-2014
IOPV per unit (RM): 1.0416
Units in circulation (units): 9,750,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 17,417.49



MAYBANK - OTHERS Members' Voluntary Liquidation of Maysec (KL) Sdn Bhd

Announcement Type: General Announcement
Company NameMALAYAN BANKING BERHAD  
Stock Name MAYBANK  
Date Announced25 Jul 2014  
CategoryGeneral Announcement
Reference NoMB-140725-46459

TypeAnnouncement
SubjectOTHERS
DescriptionMembers' Voluntary Liquidation of Maysec (KL) Sdn Bhd

Malayan Banking Berhad ("Maybank") wishes to announce that one of its indirect subsidiaries, Maysec (KL) Sdn Bhd (“Maysec (KL)” or the “Company”) had convened its Extraordinary General Meeting on 24 July 2014, at which it resolved that Maysec (KL) be wound-up voluntarily.

Maysec (KL) is wholly owned by Maysec Sdn Bhd, and its penultimate holding company is Maybank Investment Bank Berhad (“Maybank IB”), which in turn is a wholly owned subsidiary of Maybank.

Shareholders of Maysec (KL) had approved the appointment of Lim San Peen of Messrs PricewaterhouseCoopers Advisory Services Sdn Bhd as liquidators for the purpose of the liquidation of Maysec (KL).

Maysec (KL) was previously engaged in the business of dealing in securities and acts as a securities broker. It had ceased operations on 30 December 2006 when the Company’s stockbroking business was vested to Aseambankers Malaysia Berhad (now known as Maybank IB) pursuant to the Order of High Court of Malaya dated 29 August 2006 and has since remained dormant. The liquidation of Maysec (KL) was part of the corporate rationalisation exercise at Maybank IB.

The dissolution of Maysec (KL) will not have any material effect on the earnings or assets of Maybank for the financial year ending 31 December 2014.

None of the directors or substantial shareholders of Maybank or persons connected to them has any interest, direct or indirect in the voluntary liquidation.

This announcement is dated 25 July 2014.



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

Announcement Type: General Announcement
Company NameIJM CORPORATION BERHAD  
Stock Name IJM  
Date Announced25 Jul 2014  
CategoryGeneral Announcement
Reference NoMI-140725-45867

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionIJM CORPORATION BERHAD (“IJM” OR “COMPANY”)

PROPOSED PRIVATISATION OF IJM LAND BERHAD (“IJM LAND”) BY IJM TO BE UNDERTAKEN BY WAY OF A MEMBERS’ SCHEME OF ARRANGEMENT PURSUANT TO SECTION 176 OF THE COMPANIES ACT, 1965 (“ACT”) (“PROPOSED PRIVATISATION”)

We refer to the announcements dated 9 June 2014 and 12 June 2014 in respect of the Proposed Privatisation.

On behalf of IJM, Maybank Investment Bank Berhad wishes to announce that the Securities Commission had vide its letter dated 24 July 2014, approved IJM’s application for the exemption under Paragraph 1.1 of Practice Note 44 (“PN 44”) of the Malaysian Code on Take-Overs and Mergers 2010 (“Code”), from having to comply with certain provisions in the Code in relation to the Proposed Privatisation. The approval is subject to compliance with the requirements under Paragraph 1.2 of PN 44 of the Code.

The relevant sections of the Code for which the exemption is sought under Paragraph 1.1 of PN 44 are as follows:

(a) Sections 11(7) – 11(11) on announcements;

(b) Sections 12(1) and 12(3) on offer document;

(c) Section 17 on acceptance conditions;

(d) Section 18 on conditions of voluntary take-over offers;

(e) Section 19 on fulfillment of conditions;

(f) Section 23 on duration of take-over offer;

(g) Section 24 on revisions of a take-over offer;

(h) Section 25 on closing of take-over offer; and

(i) Section 26 on announcement of acceptances.

This Announcement is dated 25 July 2014.



IJM - OTHERS IJM CORPORATION BERHAD (“IJM”) - DISCLOSURE OF DEALINGS IN ACCORDANCE WITH SECTION 33 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010

Announcement Type: General Announcement
Company NameIJM CORPORATION BERHAD  
Stock Name IJM  
Date Announced25 Jul 2014  
CategoryGeneral Announcement
Reference NoMI-140725-43044

TypeAnnouncement
SubjectOTHERS
DescriptionIJM CORPORATION BERHAD (“IJM”)
- DISCLOSURE OF DEALINGS IN ACCORDANCE WITH SECTION 33 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010

We refer to the announcements dated 9 June 2014 and 12 June 2014 in respect of the proposed privatisation of IJM Land Berhad (“IJM Land”) by IJM to be undertaken by way of a members’ scheme of arrangement pursuant to Section 176 of the Companies Act, 1965.

On behalf of IJM, Maybank Investment Bank Berhad wishes to announce the following dealings in the ordinary shares of RM1.00 each in IJM Land (“IJM Land Shares”):

Name

Transaction date

No. of IJM Land Shares

Description of the transaction

Transaction price*

Acquired

Disposed

Citigroup Nominees (Tempatan) Sdn Bhd

Employees Provident Fund Board (HDBS)

23 July 2014

1,500,000

-

Acquired

3.3585

Citigroup Nominees (Tempatan) Sdn Bhd

Employees Provident Fund Board

24 July 2014

-

1,301,000

Disposed

3.3519

*RM per IJM Land Share, excluding brokerage and other incidental costs.

This announcement is dated 25 July 2014.



TASEK - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc ("MUFG")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTASEK CORPORATION BERHAD  
Stock Name TASEK  
Date Announced25 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTT-140725-EE67C

Particulars of substantial Securities Holder

NameMitsubishi UFJ Financial Group, Inc ("MUFG")
Address7-1, Marunouchi 2-Chome
Chiyoda-ku
Tokyo, 100-8330
Japan
NRIC/Passport No/Company No.NIL
Nationality/Country of incorporationJapan
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderAberdeen Asset Management PLC ("Aberdeen") and its subsidiaries
10 Queen's Terrace
Aberdeen, AB10 1YG
Scotland

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired21/07/2014
10,000
 

Circumstances by reason of which change has occurredAcquisition by Aberdeen.

MUFG is deemed interested in the shares by virtue of MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Corp. holding more than 15% in Aberdeen.
Nature of interestDeemed interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)15,291,259 
Indirect/deemed interest (%)12.6224 
Total no of securities after change15,291,259
Date of notice24/07/2014

Remarks :
Notice was received on 25 July 2014


NARRA - Changes in Sub. S-hldr's Int. (29B) - Quek Leng Chye

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameNARRA INDUSTRIES BERHAD  
Stock Name NARRA  
Date Announced25 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoNI-140725-4BE2E

Particulars of substantial Securities Holder

NameQuek Leng Chye
Address7 Dalvey Estate, Singapore 259524
NRIC/Passport No/Company No.S1141338B
Nationality/Country of incorporationSingapore Citizen
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderAssets Nominees (Tempatan) Sdn Bhd

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed21/07/2014
252,300
 

Circumstances by reason of which change has occurredDeemed interest
Nature of interestDeemed interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change34,800,700
Date of notice23/07/2014

Remarks :
This announcement is dated 25 July 2014.


NARRA - Changes in Sub. S-hldr's Int. (29B) - Kwek Leng Kee

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameNARRA INDUSTRIES BERHAD  
Stock Name NARRA  
Date Announced25 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoNI-140725-4BE2D

Particulars of substantial Securities Holder

NameKwek Leng Kee
Address1B Dalvey Estate, Singapore 259552
NRIC/Passport No/Company No.S0081561F
Nationality/Country of incorporationSingapore Citizen
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderAssets Nominees (Tempatan) Sdn Bhd

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed21/07/2014
252,300
 

Circumstances by reason of which change has occurredDeemed interest
Nature of interestDeemed interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change34,800,700
Date of notice23/07/2014

Remarks :
This announcement is dated 25 July 2014.


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