July 2, 2014

Company announcements: SERSOL, IDMENSN, GBH, PCCS, SAMUDRA

SERSOL - Changes in Director's Interest (S135) - Seow Thiam Fatt

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameSERSOL BERHAD (ACE Market) 
Stock Name SERSOL  
Date Announced2 Jul 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140702-27126

Information Compiled By KLSE

Particulars of Director

NameSeow Thiam Fatt
AddressHR 1-11-7, Riana Green Condominium, Jalan Tropicana Utara, 47410 Petaling Jaya, Selangor Darul Ehsan, Malaysia
Descriptions(Class & nominal value)Warrants

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
02/07/2014
60,000
0.200 

Circumstances by reason of which change has occurredAcquired through direct business transaction
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)310,000 
Direct (%)0.3224 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice02/07/2014


IDMENSN - OTHERS IDIMENSION CONSOLIDATED BHD (“ICB” OR “THE COMPANY”) – PARTNERSHIP BETWEEN IDB INTERACTIVE SDN. BHD. (“IDB INTERACTIVE”) WITH VTC TECHNOLOGY AND DIGITAL CONTENT COMPANY (“VTC INTECOM”)

Announcement Type: General Announcement
Company NameIDIMENSION CONSOLIDATED BHD (ACE Market) 
Stock Name IDMENSN  
Date Announced2 Jul 2014  
CategoryGeneral Announcement
Reference NoCS-140701-61255

Admission SponsorRHB Investment Bank Bhd
SponsorSame as above
TypeAnnouncement
SubjectOTHERS
DescriptionIDIMENSION CONSOLIDATED BHD (“ICB” OR “THE COMPANY”) – PARTNERSHIP BETWEEN IDB INTERACTIVE SDN. BHD. (“IDB INTERACTIVE”) WITH VTC TECHNOLOGY AND DIGITAL CONTENT COMPANY (“VTC INTECOM”)

We act for and on behalf of ICB.

Further to the announcement made on 27 June 2014, the Board of ICB wishes to inform that the duration of the Partnership Agreement is for a period of two (2) years commencing from 23 June 2014.

This announcement is dated 2 July 2014.



GBH - OTHERS GOH BAN HUAT TO EXPAND INTO FPSO & OIL&GAS SECTOR - RM192 Million Land Divestment to Keladi Maju for Cash - RM38 million acquisition of GMOS, a specialised licensed company for FPSO - RM632 Million Acquisition of DYNA

Announcement Type: General Announcement
Company NameGOH BAN HUAT BERHAD  
Stock Name GBH  
Date Announced2 Jul 2014  
CategoryGeneral Announcement
Reference NoCQ-140702-65882

TypeAnnouncement
SubjectOTHERS
DescriptionGOH BAN HUAT TO EXPAND INTO FPSO & OIL&GAS SECTOR

- RM192 Million Land Divestment to Keladi Maju for Cash

- RM38 million acquisition of GMOS, a specialised licensed company for FPSO

- RM632 Million Acquisition of DYNA

GOH BAN HUAT BERHAD TO EXPAND INTO FPSO & OIL&GAS SECTOR

- RM192 Million Land Divestment to Keladi Maju Berhad for Cash

- RM38 million acquisition of GMOS, a specialised licensed company for FPSO

- RM632 Million Acquisition of DYNAC

KUALA LUMPUR, 2 JULY 2014 – Goh Ban Huat Berhad (“GBH”) wishes to announce that today it had entered into a shares sale agreement (“SSA”) with Dynac Sdn Bhd (“DYNAC”), Zahar Mohd Hashim bin Zainuddin, Shafinaz Binti Shaukat and Dato’ Dr. Freezailah bin Che Yeom to acquire 35% equity interest in Globalmariner Offshore Services Sdn Bhd (“GMOS”) for a cash consideration of RM38 million.

GMOS is an international oil and gas service company based in Malaysia, operating in the offshore and marine industry specializing on Floating Production Storage and Offloading (“FPSO”) solutions.

The 35% GMOS acquisition is set to provide an immediate avenue for GBH to diversify its earnings base from a ceramic building materials industry for the current financial year and paving the way for GBH venturing into the FPSO industry.

Simultaneous with the execution of SSA, GBH also signed a Memorandum of Agreement (“MOA”) with Dato’ Abdul Rahman bin Mohamed Shariff and Normala Mohd Sharif to acquire 100% of equity interest in DYNAC, a company providing contract work, support products and services for the oil and gas industry for a total purchase consideration of RM632 million.

The purchase consideration will be partly satisfied via RM210 million in cash while the balance will be satisfied via issuance of new GBH shares at RM2.00 each. This will result in a reverse take-over of GBH and Dato’ Abdul Rahman will emerge as the single largest substantial shareholders in GBH.

Pursuant thereto, Dato’ Abdul Rahman will undertake a mandatory general offer (“MGO”) to acquire the remaining shares he does not owned in GBH at an offer price of RM2.00 each. The substantial shareholders of GBH, namely Tan Sri Dato’ Tan Hua Choon has given an undertaking to accept 66.8 million shares (ie: 36%) of his equity stake held in GBH.

In conjunction with the reverse take-over by DYNAC, GBH also propose to divest its 13.93 acres lands together with the warehouse erected thereon to Keladi Maju Berhad, a Main Board listed company related to Tan Sri Dato’ Tan Hua Choon for a cash consideration of RM192 million. The divestment proceeds would be utilised to part finance the acquisition of DYNAC.

The MOA marks a new beginning in GBH’s relationship with DYNAC’s management, which will continue to contribute positively to GBH’s future earnings.

Post the exercise, Dato’ Abdul Rahman is expected to hold more than 51% equity interest in GBH subject to the acceptance level of the Proposed MGO.

Commenting on this move, the Chairman of the group, Tan Sri Dato’ Tan Hua Choon said, “the acquisition of GMOS and DYNAC is in line with the intention of the Group to broaden its earnings base while maintain the ceramic buildings materials businesses. Through the acquisition of GMOS and DYNAC, GBH will be able to tap on the growing FPSO and oil & gas sector”.

***

About GBH

GBH specialises in manufacturing ceramic products and has been operating since 1899. The company has since grown to a large group of companies with a product range spanning from industrial components to consumer products. GHB Group takes pride in being an innovative market leader, with good corporate ethics and culture.

 

 

About GMOS

GMOS is an international oil and gas service company based in Malaysia, operating in the offshore and marine industry specializing on FPSO solutions. It is a PETRONAS licensed company to own and supply FPSO and Floating Storage Offloadings (“FSO”) in Malaysia. In addition, it also provides business and technical solutions for owning and leasing of FPSOs, design concept to front end engineering and design for FPSOs and other floaters, provision of design concepts of FPSOs, developing contracting strategies and business models for FPSOs.

 

About DYNAC

DYNAC’s principal activity is providing contract work and services for process cooling system and equipment, cable support solutions, sales of spare parts, engineering, procurement, construction and commissioning works for the oil and gas industries and general industries. Its main products and services among other include Heat Ventilation & Air Conditioning (“HVAC”), Air Cooled Heat Exchanger (“ACHE”), Cable Tray Support System and Low Voltage Switchgear. The consolidated profits after tax for DYNAC and its group of companies for financial year ending 30 June 2013 is RM40.4 million.

 



PCCS - Changes in Sub. S-hldr's Int. (29B) - Chan Chow Tek (Amended Announcement)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePCCS GROUP BERHAD  
Stock Name PCCS  
Date Announced2 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-140702-52948

Particulars of substantial Securities Holder

NameChan Chow Tek
Address33, Jalan Kelapa Utama,
Taman Soga,
83000 Batu Pahat,
Johor Darul Takzim
NRIC/Passport No/Company No.570112-01-5069
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderAmSec Nominees (Tempatan) Sdn. Bhd.
15th Floor, Bangunan Ambank Group,
55, Jalan Raja Chulan,
50200 Kuala Lumpur,
Wilayah Persekutuan

Chan Chow Tek
33, Jalan Kelapa Utama,
Taman Soga,
83000 Batu Pahat,
Johor Darul Takzim

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed18/06/2014
71,000
0.763 
Disposed19/06/2014
140,000
0.755 
Transferred19/06/2014
1,823,883
 
Transferred20/06/2014
525,300
 

Circumstances by reason of which change has occurred(i) and (ii) Disposal of shares

(iii) and (iv) Transfer of pledged shares from AmSec Nominees (Tempatan) Sdn. Bhd. to Chan Chow Tek
Nature of interestDirect
Direct (units)2,394,450 
Direct (%)3.99 
Indirect/deemed interest (units)24,000,078 
Indirect/deemed interest (%)39.99 
Total no of securities after change26,394,528
Date of notice23/06/2014

Remarks :
This amended announcement is made to disclose that the transfer of pledged shares from AmSec Nominees (Tempatan) Sdn. Bhd. to Kenanga Investment Bank Berhad on 19 June 2014 and 20 June 2014 should be a transfer of pledged shares from AmSec Nominees (Tempatan) Sdn. Bhd. to Mr. Chan Chow Tek. In this respect, the direct and indirect interests of Mr. Chan Chow Tek are as follows:

Direct Interest:

Chan Chow Tek - 2,394,450 shares

Indirect Interest:

Setia Sempurna Sdn. Bhd. - 24,000,078 shares
(Deemed interested by virtue of Mr. Chan Chow Teck's direct interest of 20% in the equity of Setia Sempurna Sdn. Bhd.)

The amended Form 29B dated 23 June 2014 was received by the Company on 2 July 2014.


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

Announcement Type: General Announcement
Company NamePCCS GROUP BERHAD  
Stock Name PCCS  
Date Announced2 Jul 2014  
CategoryGeneral Announcement
Reference NoCS-140702-53403

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPCCS GROUP BERHAD ("PCCS" OR "THE COMPANY") - DEALINGS IN SECURITIES OF PCCS OUTSIDE CLOSED PERIOD PURSUANT TO PARAGRAPH 14.09 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Announcement Details for General Announcement

Reference is made to the announcement made on 23 June 2014 in respect of the dealings outside closed period by Mr. Chan Chow Tek, the Non-Independent Executive Director of the Company.

Please be advised that the transfer of pledged shares from AmSec Nominees (Tempatan) Sdn. Bhd. to Kenanga Investment Bank Berhad on 19 June 2014 and 20 June 2014 should be a transfer of pledged shares from AmSec Nominees (Tempatan) Sdn. Bhd. to Mr. Chan Chow Tek. In this respect, the full details of Mr. Chan Chow Tek’s direct dealings in the securities of the Company should read as follows:-

Type of Transaction

Date of Transaction

No. of Shares

% of Shares involved

Price per Shares(RM)

Consideration (RM)

Disposal of Shares

18.06.2014

71,000

0.12

0.7625

54,137.50

Disposal of Shares

19.06.2014

140,000

0.23

0.7552

105,728.00

Transfer of pledged shares from AmSec Nominees (Tempatan) Sdn. Bhd. to Chan Chow Tek

19.06.2014

1,823,883

3.04

-

-

Transfer of pledged shares from AmSec Nominees (Tempatan) Sdn. Bhd. to Chan Chow Tek

20.06.2014

525,300

0.88

-

-

The amended Notice of Dealing dated 23 June 2014 was received by the Company on 2 July 2014.

This announcement is dated 2 July 2014.



PCCS - Changes in Director's Interest (S135) - Chan Chow Tek (Amended Announcement)

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePCCS GROUP BERHAD  
Stock Name PCCS  
Date Announced2 Jul 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-140702-53750

Information Compiled By KLSE

Particulars of Director

NameChan Chow Tek
Address33, Jalan Kelapa Utama,
Taman Soga,
83000 Batu Pahat,
Johor Darul Takzim
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
18/06/2014
71,000
0.763 
Disposed
19/06/2014
140,000
0.755 
Transferred
19/06/2014
1,823,883
 
Transferred
20/06/2014
525,300
 

Circumstances by reason of which change has occurred(i) and (ii) Disposal of shares

(iii) and (iv) Transfer of pledged shares from AmSec Nominees (Tempatan) Sdn. Bhd. to Chan Chow Tek
Nature of interestDirect
Consideration (if any)(i) RM54,137.50

(ii)RM105,728.00  

Total no of securities after change

Direct (units)2,394,450 
Direct (%)3.99 
Indirect/deemed interest (units)24,000,078 
Indirect/deemed interest (%)39.99 
Date of notice23/06/2014

Remarks :
This amended announcement is made to disclose that the transfer of pledged shares from AmSec Nominees (Tempatan) Sdn. Bhd. to Kenanga Investment Bank Berhad on 19 June 2014 and 20 June 2014 should be a transfer of pledged shares from AmSec Nominees (Tempatan) Sdn. Bhd. to Mr. Chan Chow Tek. In this respect, the direct and indirect interests of Mr. Chan Chow Tek are as follows:

Direct Interest:

Chan Chow Tek - 2,394,450 shares

Indirect Interest:

Setia Sempurna Sdn. Bhd. - 24,000,078 shares
(Deemed interested by virtue of Mr. Chan Chow Teck's direct interest of 20% in the equity of Setia Sempurna Sdn. Bhd.)

The amended Notice pursuant to Section 135 of the Companies Act, 1965 dated 23 June 2014 was received by the Company on 2 July 2014.


PCCS - Changes in Sub. S-hldr's Int. (29B) - Chan Chow Tek

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePCCS GROUP BERHAD  
Stock Name PCCS  
Date Announced2 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-140702-54001

Particulars of substantial Securities Holder

NameChan Chow Tek
Address33, Jalan Kelapa Utama,
Taman Soga,
83000 Batu Pahat,
Johor Darul Takzim
NRIC/Passport No/Company No.570112-01-5069
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderChan Chow Tek
33, Jalan Kelapa Utama,
Taman Soga,
83000 Batu Pahat,
Johor Darul Takzim

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed27/06/2014
33,000
0.750 
Disposed30/06/2014
20,000
0.750 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestDirect
Direct (units)2,341,450 
Direct (%)3.9 
Indirect/deemed interest (units)24,000,078 
Indirect/deemed interest (%)39.99 
Total no of securities after change26,341,528
Date of notice02/07/2014

Remarks :
Direct Interest:

Chan Chow Tek - 2,341,450 shares

Indirect Interest:

Setia Sempurna Sdn. Bhd. - 24,000,078 shares
(Deemed interested by virtue of Mr. Chan Chow Tek's direct interest of 20% in the equity of Setia Sempurna Sdn. Bhd.)

The Form 29B dated 2 July 2014 was received by the Company on 2 July 2014.


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

Announcement Type: General Announcement
Company NamePCCS GROUP BERHAD  
Stock Name PCCS  
Date Announced2 Jul 2014  
CategoryGeneral Announcement
Reference NoCS-140702-54398

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPCCS GROUP BERHAD ("PCCS" OR "THE COMPANY") - DEALINGS IN SECURITIES OF PCCS OUTSIDE CLOSED PERIOD PURSUANT TO PARAGRAPH 14.09 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Mr. Chan Chow Tek, the Non-Independent Executive Director of the Company, had given notice of his direct dealings in the securities of the Company outside closed period, details as set out in the table below:-

Type of Transaction

Date of Transaction

No. of Shares

% of Shares involved

Price per Shares

Consideration(RM)

Disposal of Shares

27.06.2014

33,000

0.05

RM0.75

24,750.00

Disposal of Shares

30.06.2014

20,000

0.03

RM0.75

15,000.00

The Notice of Dealing dated 2 July 2014 was received by the Company on 2 July 2014.

This announcement is dated 2 July 2014.



PCCS - Changes in Director's Interest (S135) - Chan Chow Tek

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePCCS GROUP BERHAD  
Stock Name PCCS  
Date Announced2 Jul 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-140702-54656

Information Compiled By KLSE

Particulars of Director

NameChan Chow Tek
Address33, Jalan Kelapa Utama,
Taman Soga,
83000 Batu Pahat,
Johor Darul Takzim
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
27/06/2014
33,000
0.750 
Disposed
30/06/2014
20,000
0.750 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestDirect
Consideration (if any)(i) RM24,750.00

(ii)RM15,000.00 

Total no of securities after change

Direct (units)2,341,450 
Direct (%)3.9 
Indirect/deemed interest (units)24,000,078 
Indirect/deemed interest (%)39.99 
Date of notice02/07/2014

Remarks :
Direct Interest:

Chan Chow Tek - 2,341,450 shares

Indirect Interest:

Setia Sempurna Sdn. Bhd. - 24,000,078 shares
(Deemed interested by virtue of Mr. Chan Chow Tek's direct interest of 20% in the equity of Setia Sempurna Sdn. Bhd.)

The Notice pursuant to Section 135 of the Companies Act, 1965 dated 2 July 2014 was received by the Company on 2 July 2014.


SAMUDRA - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT (Amended Announcement)

Announcement Type: General Announcement
Company NameKEJURUTERAAN SAMUDRA TIMUR BERHAD  
Stock Name SAMUDRA  
Date Announced2 Jul 2014  
CategoryGeneral Announcement
Reference NoCS-140702-63618

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionKEJURUTERAAN SAMUDRA TIMUR BERHAD ("KSTB" OR "THE COMPANY") - ANNOUNCEMENT ON THE STATUS OF THE COMPANY’S REGULARISATION PLAN PURSUANT TO PRACTICE NOTE 17 (“PN17”) OF THE BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) MAIN MARKET LISTING REQUIREMENTS (“MAINLR”)

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the previous announcements.

Please be advised that this amended announcement is made to disclose also whether the regularisation plan will result in a significant change in the business direction or policy of the Company.

As such, further to the announcements made by the Company on 3 April 2014, 2 May 2014 and 2 June 2014, the Board of Directors of KSTB wishes to announce that the Company is still in the midst of formulating its Regularisation Plan and the appropriate announcement(s) will be made as and when required.Pursuant to Paragraph 4.1(b) of PN17, the Board at this stage cannot determine if the Regularisation Plan will result in a significant change of business direction or policy of the Company.

KSTB has up to 2 April 2015, which is approximately nine (9) months from the date hereof, to submit its Regularisation Plan to the relevant authorities for approval.

This announcement is dated 2 July 2014.



No comments:

Post a Comment