SYSCORP - OTHERS ACQUISITION OF A NEW ASSOCIATE IN INDONESIA, PT BARUNA ADIPRASETYA (“BAP”)
Company Name | SHIN YANG SHIPPING CORPORATION BERHAD |
Stock Name | SYSCORP |
Date Announced | 2 Jul 2014 |
Category | General Announcement |
Reference No | SY-140702-58DC5 |
Type | Announcement | ||||||||
Subject | OTHERS | ||||||||
Description | ACQUISITION OF A NEW ASSOCIATE IN INDONESIA, PT BARUNA ADIPRASETYA (“BAP”) | ||||||||
1. INTRODUCTION The Board of Directors of Shin Yang Shipping Corporation Berhad (666062-A) (“SYSCORP”), wishes to announce that its 99.50% owned subsidiary PT. Shinline ("PT SL") had acquired the 49% shareholding in BAP from the existing vendor, PT. Perusahaan Pelayaran Samudra Karana Line (“PT Karana Line”) on 1st July 2014 of 4,900,000 ordinary shares of IDR1,000.00 each for a purchase price of IDR4,900,000,000.00 (equivalent to approximately RM1.35 million) (“Purchase Consideration”) to be satisfied via cash payment. ("the Acquisition"). Details of the Acquisition are as follows:- Purchaser Vendor No. of ordinary shares Purchase Consideration (IDR) PT SL PT. Karana Line 4,900,000 4,900,000,000 2. INFORMATION OF PT KARANA LINE PT Karana Line was incorporated in Indonesia under the law of Republic of Indonesia as private limited company on 25 April 1967 with a paid-up capital of IDR25,000,000,000.00 divided into 25,000,000 ordinary shares of IDR 1,000.00 each. PT Karana Line is a subsidiary of PT Sentra Baruna Hijau ("PT SBH"). As present, PT Karana Line and PT SBH held 70% and 30% equity interest in BAP respectively. Concurrent with the Acquisition, PT Karana Line will sell its 21% equity interest in BAP to PT SBH. Thus, PT SL and PT SBH will hold 49% and 51% equity interest in PT Karana Line respectively after the Acquisition. 3. INFORMATION OF BAP BAP was incorporated on 1st September 1988 and has an authorised share capital of IDR10,000,000,000.00 divided into 10,000,000 ordinary shares of IDR1,000.00 each. The issued and paid-up share capital is IDR10,000,000,000.00 comprising 10,000,000 ordinary shares of IDR1,000 each. BAP is engaged in the operation of arrangement of transportation of freight and cargo and forwarding agency. 4. PURCHASE CONSIDERATION The Purchase Consideration is arrived at on a “willing-buyer willing-seller” basis based on the nominal par value of the shares in BAP. The Purchase Consideration is to be satisfied entirely by cash through internally generated funds. 5. RATIONALE BAP is a private limited liability company which principally served in shipping transportation of freight and cargo and forwarding agency. The Acquisition is part of the SYSCORP group’s strategy to expand its shipping business in international region.
6. FINANCIAL EFFECTS The Acquisition will not have any material effect on the share capital, net assets substantial shareholders’ shareholdings and earnings of the SYSCORP group for the financial year ending 30 June 2015. 7. APPROVAL REQUIRED The Acquisition does not require the approval of shareholders of the Company and/or other governmental authorities. 8. DIRECTORS Save for the following directors of BAP, none of the Directors and other major shareholders of the Company and/or persons connected to them have any interest, direct or indirect, in the Acquisition:- i) Tan Sri Datuk Ling Chiong Ho a) director of SYSCORP and PT SL b) board of commissioner of BAP ii) Ling Chiong Sing a) director of SYSCORP and PT SL b) board of commissioner of BAP 9. STATEMENT BY THE BOARD OF DIRECTORS OF SYSCORP The Board of Directors of SYSCORP having considered all aspects of the Acquisition, is of the opinion that the Acquisition is fair and reasonable and is in the best interest of the SYSCORP Group.
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SUNREIT - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | SUNWAY REAL ESTATE INVESTMENT TRUST |
Stock Name | SUNREIT |
Date Announced | 2 Jul 2014 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | SR-140702-C2B36 |
Particulars of substantial Securities Holder
Name | Employees Provident Fund Board |
Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
NRIC/Passport No/Company No. | EPF ACT 1991 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Units in Sunway Real Estate Investment Trust |
Name & address of registered holder | 1. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board of Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur 2. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA) of Suite No. 16.2, Level 16, Menara IMC, No. 8, Jalan Sultan Ismail, 50250 Kuala Lumpur 3. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON) of Suite 31-02, 31st Floor, Menara Keck Seng, 203, Jalan Bukit Bintang, 55100 Kuala Lumpur 4. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI) of Amundi Asset Management, Middle Office, 168 Robinson Road, #24-01 Capital Tower, Singapore 068912 5. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KIB) of Kenanga Investors Berhad, Suite 12.02, 12th Floor, Kenanga International, Jalan Sultan Ismail, 50250 Kuala Lumpur 6. Employees Provident Fund Board of Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 27/06/2014 | 63,800 |
Remarks : |
1. The direct interest of 293,506,600 units are held as follows:- a) 252,116,900 units are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board. b) 1,500,000 units are registered in the name of Employees Provident Fund Board. c) 5,493,100 units are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI). d) 3,344,300 units are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KIB). e) 23,420,500 units are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA). f) 7,631,800 units are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON). 2. The Form 29B dated 30 June 2014 was received on 2 July 2014. |
SUNWAY - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
Company Name | SUNWAY BERHAD |
Stock Name | SUNWAY |
Date Announced | 2 Jul 2014 |
Category | General Announcement |
Reference No | SS-140701-34848 |
Type | Announcement | |||||||||||||||
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | |||||||||||||||
Description | SUNWAY BERHAD ("SUNWAY") - NOTIFICATION UNDER CHAPTER 14 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ON DEALINGS IN SECURITIES | |||||||||||||||
Pursuant to Chapter 14, Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Mr Ong Pang Yen, a Principal Officer of Sunway, has given notice of his dealings in the securities of Sunway outside the closed period, details as set out in the Table below.
This announcement is dated 2 July 2014. |
IJMLAND - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | IJM LAND BERHAD |
Stock Name | IJMLAND |
Date Announced | 2 Jul 2014 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | IL-140702-32FB5 |
Particulars of substantial Securities Holder
Name | Employees Provident Fund Board |
Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
NRIC/Passport No/Company No. | Not Applicable |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary Shares of RM1 Each |
Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd, Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 27/06/2014 | 558,800 |
Remarks : |
Re : Form 29B dated 30 June 2014. |
SKPETRO - OTHERS SAPURAKENCANA PETROLEUM BERHAD AWARD OF CONTRACT BY TDI-BROOKS INTERNATIONAL INC. FOR THE CHARTER OF TEKNIK PERDANA AND PROVISION OF MULTIBEAM ECHOSOUNDERS (“MBES”) SURVEY SERVICES
Company Name | SAPURAKENCANA PETROLEUM BERHAD |
Stock Name | SKPETRO |
Date Announced | 2 Jul 2014 |
Category | General Announcement |
Reference No | SP-140701-48305 |
Type | Announcement |
Subject | OTHERS |
Description | SAPURAKENCANA PETROLEUM BERHAD AWARD OF CONTRACT BY TDI-BROOKS INTERNATIONAL INC. FOR THE CHARTER OF TEKNIK PERDANA AND PROVISION OF MULTIBEAM ECHOSOUNDERS (“MBES”) SURVEY SERVICES |
INTRODUCTION The Board of Directors of SapuraKencana Petroleum Berhad ("SKPB” or "Company") (“Board”) is pleased to announce that TL Geohydrographics Pte Ltd, a wholly-owned subsidiary of SKPB, has been awarded a contract for the charter of Teknik Perdana, a survey vessel and the provision of MBES survey work in the Republic of Colombia for the Anadarko Colombia Company project (the “Contract”).
The Contract is for a period of approximately 50 days and the works are expected to be completed on or about early August, 2014. The Contract value is approximately USD1.7m.
The Contract will have no effect on the issued and paid-up capital of the Company and is expected to contribute positively toward the earnings and net assets per share of SKPB Group during the Contract period.
Risk factors affecting the Contract are mainly operational in nature and include execution risks such as availability of skilled manpower and materials, weather conditions and political, economic and regulatory conditions. Notwithstanding, SKPB Group has established a successful track record in undertaking similar projects.
None of the Directors and/or major shareholders of the Company and/or persons connected with them has any direct or indirect interest in the Contract.
The Board of the Company is of the opinion that the acceptance of the Contract is in the best interest of the Company.
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IHH - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | IHH HEALTHCARE BERHAD |
Stock Name | IHH |
Date Announced | 2 Jul 2014 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | IH-140702-12835 |
Particulars of substantial Securities Holder
Name | Employees Provident Fund Board |
Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
NRIC/Passport No/Company No. | EPF Act 1991 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
Name & address of registered holder | Employees Provident Fund Board Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur. (96,718,000 ordinary shares of RM1.00 each) Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board] Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur. (570,136,200 ordinary shares of RM1.00 each) Employees Provident Fund Board Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur. (1,500,000 ordinary shares of RM1.00 each) Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (NOMURA)] Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur. (24,355,600 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 | 1,000,000 |
Remarks : |
Notice was received on 2 July 2014. |
BJAUTO - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | BERJAYA AUTO BERHAD |
Stock Name | BJAUTO |
Date Announced | 2 Jul 2014 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | BA-140702-6810C |
Particulars of substantial Securities Holder
Name | Employees Provident Fund Board |
Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
NRIC/Passport No/Company No. | EPF ACT 1991 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary Shares of RM0.50 each |
Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AMUNDI) Level 42, Menara Citibank, 165, Jalan Ampang, 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 27/06/2014 | 1,000,000 |
BJAUTO - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
Company Name | BERJAYA AUTO BERHAD |
Stock Name | BJAUTO |
Date Announced | 2 Jul 2014 |
Category | General Announcement |
Reference No | BA-140702-392A1 |
Type | Announcement | ||||||||||
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||
Description | Pursuant to Paragraphs 14.03(1)(b) and 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce the dealing in the securities of the Company by Mr Tan Lay Hian, the General Manager of Bermaz Motor Sdn Bhd, a wholly-owned subsidiary of the Company, as set out in the table below. | ||||||||||
DIRECT INTEREST- Ordinary Shares of RM0.50 each
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IOIPG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | IOI PROPERTIES GROUP BERHAD |
Stock Name | IOIPG |
Date Announced | 2 Jul 2014 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | IP-140702-94887 |
Particulars of substantial Securities Holder
Name | Employees Provident Fund Board |
Address | Tingkat 19, Bangunan KWSP Jalan Raja Laut, 50350 Kuala Lumpur |
NRIC/Passport No/Company No. | EPF ACT 1991 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur (Purchase of 450,000 shares on 27 June 2014. Following the purchase, currently held 303,436,588 shares.) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (RHB INV) (There is no change in shareholding. Currently held 1,000,000 shares.) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (AM INV) (There is no change in shareholding. Currently held 5,322,092 shares.) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) (There is no change in shareholding. Currently held 1,523,250 shares.) |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 27/06/2014 | 450,000 |
Remarks : |
We received the Form 29B of EMPLOYEES PROVIDENT FUND BOARD on 2 July 2014. |
BPLANT - OTHERS BOUSTEAD PLANTATIONS BERHAD (“BPB”) STABILISING ACTION IN RELATION TO THE INITIAL PUBLIC OFFERING OF ORDINARY SHARES OF RM0.50 EACH IN BPB (“BPB SHARES”) IN CONJUCTION WITH ITS LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD
Company Name | BOUSTEAD PLANTATIONS BERHAD |
Stock Name | BPLANT |
Date Announced | 2 Jul 2014 |
Category | General Announcement |
Reference No | MI-140702-60311 |
Type | Announcement | |||||||||
Subject | OTHERS | |||||||||
Description | BOUSTEAD PLANTATIONS BERHAD (“BPB”) STABILISING ACTION IN RELATION TO THE INITIAL PUBLIC OFFERING OF ORDINARY SHARES OF RM0.50 EACH IN BPB (“BPB SHARES”) IN CONJUCTION WITH ITS LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD | |||||||||
We refer to the above subject matter. Pursuant to Section9(2) of the Capital Markets and Services Act 2007, Capital Markets and Services (Price Stabilisation Mechanism) Regulations 2008, AFFIN Investment Bank Berhad, as the Stabilising Manager, has purchased the following BPB Shares:
This announcement is dated 2 July 2014. |
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