July 22, 2014

Company announcements: UMW, AIRASIA, AEONCR, WASEONG, HBGLOB, CENSOF, HIBISCS

UMW - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameUMW HOLDINGS BERHAD  
Stock Name UMW  
Date Announced22 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoUH-140722-62424

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF Act 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 Each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Level 42, Menara Citibank
165, Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed10/07/2014
865,400
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestIndirect interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%)15.15 
Total no of securities after change176,987,504
Date of notice11/07/2014

Remarks :
Form 29B was received on 22nd July 2014


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

Announcement Type: General Announcement
Company NameAIRASIA BERHAD  
Stock Name AIRASIA  
Date Announced22 Jul 2014  
CategoryGeneral Announcement
Reference NoCM-140722-2242F

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionINTENTION TO DEAL BY DIRECTOR IN SECURITIES OF AIRASIA BERHAD DURING CLOSED PERIOD

Pursuant to Paragraph 14.08(b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, AirAsia Berhad ("AirAsia" or "the Company") wishes to announce that Dato' Fam Lee Ee, an Independent Non-Executive Director of AirAsia, intends to deal in the securities of AirAsia during the closed period prior to the release of the Second Quarter results for the year 2014.

The total number of securities held by Dato' Fam Lee Ee as at 22 July 2014 is as follows:


Type of Shareholding

Number of Ordinary Shares of RM0.10 each in the Company

% of the Company’s issued capital

 

Direct

50,000

0.00

 

 

 

Indirect Interest

-

-

 

 

 

Total

50,000

0.00

This announcement is dated 22 July 2014.



AEONCR - Changes in Director's Interest (S135) - Dato' Abdullah bin Mohd Yusof

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameAEON CREDIT SERVICE (M) BERHAD  
Stock Name AEONCR  
Date Announced22 Jul 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140722-53214

Information Compiled By KLSE

Particulars of Director

NameDato' Abdullah bin Mohd Yusof
Address28, Jalan Setiamurni 12,
Bukit Damansara,
50490 Kuala Lumpur
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
18/07/2014
5,000
17.500 
Disposed
21/07/2014
5,000
17.880 
Disposed
21/07/2014
5,000
17.900 
Disposed
22/07/2014
5,000
18.000 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interest(i)& (iv) Direct
(ii)&(iii) Indirect
Consideration (if any) 

Total no of securities after change

Direct (units)165,180 
Direct (%)0.1147 
Indirect/deemed interest (units)62,000 
Indirect/deemed interest (%)0.0431 
Date of notice22/07/2014

Remarks :
The total indirect holding of 62,000 Ordinary Shares of RM0.50 each is registered in the name of his spouse, Datin Yasmin Ahmad Merican, by virtue of Section 134(12)(c) of the Companies Act, 1965.


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

Announcement Type: General Announcement
Company NameAEON CREDIT SERVICE (M) BERHAD  
Stock Name AEONCR  
Date Announced22 Jul 2014  
CategoryGeneral Announcement
Reference NoCC-140722-54694

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Dato' Abdullah Bin Mohd Yusof has notified on the change of his direct and indirect interest in the securities of the Company, details as set out in the table below:-

Name

Nature of Interest

Date of Disposal

Number of Ordinary Shares of RM0.50 each disposed

Price per Share (RM)

Percentage of Issued shares disposed
(%)

Dato' Abdullah
Bin Mohd Yusof

Direct

18 July 2014

22 July 2014

5,000

5,000

17.50

18.00

0.00347

0.00347

Dato' Abdullah
Bin Mohd Yusof

Indirect

21 July 2014

21 July 2014

5,000

5,000

17.88

17.90

0.00347

0.00347



WASEONG - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced22 Jul 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoWS-140722-3B3EC

Date of buy back22/07/2014
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)50,000
Minimum price paid for each share purchased ($$)1.870
Maximum price paid for each share purchased ($$)1.880
Total consideration paid ($$)93,915.81
Number of shares purchased retained in treasury (units)50,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)1,979,067
Adjusted issued capital after cancellation
(no. of shares) (units)
 
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.2554


WASEONG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced22 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWS-140722-686C3

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderEmployees Provident Fund Board
Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
(521,724 ordinary shares of RM0.50 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
(31,393,237 ordinary shares of RM0.50 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (NOMURA)]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
(8,219,729 ordinary shares of RM0.50 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (CIMB PRI)]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
(4,167,400 ordinary shares of RM0.50 each)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired17/07/2014
166,500
 

Circumstances by reason of which change has occurredPurchase of shares by Portfolio Manager for Employees Provident Fund Board
Nature of interestDirect
Direct (units)44,302,090 
Direct (%)5.7315 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change44,302,090
Date of notice18/07/2014

Remarks :
1. Purchase of 166,500 shares by Citigroup Nominees (Tempatan) Sdn Bhd for Employees Provident Fund Board (CIMB PRI).

2. The Notice of Change in the Interest of Substantial Shareholder dated 18 July 2014 was received on 22 July 2014 from Citigroup Nominees (Tempatan) Sdn Bhd reporting on behalf of Employees Provident Fund Board.


HBGLOB - OTHERS HB GLOBAL LIMITED (“HB” or “the Company”) - Submission of Audited Financial Statements for the Financial Year Ended 31 December 2013

Announcement Type: General Announcement
Company NameHB GLOBAL LIMITED  
Stock Name HBGLOB  
Date Announced22 Jul 2014  
CategoryGeneral Announcement
Reference NoCC-140722-59243

TypeAnnouncement
SubjectOTHERS
DescriptionHB GLOBAL LIMITED (“HB” or “the Company”)
- Submission of Audited Financial Statements for the Financial Year Ended 31 December 2013

Reference is made to the Company’s announcement dated 30 June 2014.

The Board of Directors of HB Global Limited (“HB” or “the Company”) wishes to announce that the Company had on 22 July 2014 submitted its Audited Financial Statements for the financial year ended 31 December 2013.

This announcement is made on 22 July 2014.



CENSOF - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameCENSOF HOLDINGS BERHAD  
Stock Name CENSOF  
Date Announced22 Jul 2014  
CategoryGeneral Announcement
Reference NoCC-140722-88427

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDNS-140721-37867
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionCENSOF HOLDINGS BERHAD ("CENSOF" OR "THE COMPANY")
- Disposal of 45,000,000 ordinary shares of RM0.20 each fully issued and paid-up in Dagang Nexchange Berhad (Formerly Known As Time Engineering Berhad)("DNex") equivalent to 5.80% equity interest for a total consideration of RM12,500,000.00 ("Disposal")
Query Letter Contents We refer to your announcement dated 18 July 2014 in respect of the above
captioned matter.

In this connection, kindly furnish Bursa Securities with the following
additional information for public release :-

1. The basis of arriving at the total disposal consideration of RM12,500,000.
2. The manner in which the disposal consideration will be satisfied including
the terms of any arrangement for payment on a deferred basis.
3. The expected gains or losses to the Censof Holdings Berhad Group arising
from the Disposal.
4. The effect of the Disposal on the gearing of the Censof Holdings Berhad
Group.
5. The timeframe for full utilisation of proceeds and details of the purchaser.
6. The particulars of all liabilities to be assumed by the purchaser arising
from the Disposal.
7. The original date of investment in the 45,000,000 DNEX shares.
8. Whether the Disposal is subject to the approval of the relevant government
authorities and the estimated time frame for submission of the application to
the relevant authorities.
9. The salient features of the agreement, if any, and the time and place where
such document may be inspected.

Kindly furnish Bursa Securities with your reply within one (1) market day from
the date hereof.



...2/-










Yours faithfully




TAN YEW ENG
Vice President, Issuers
Listing Division
Regulation

TYE/NZ

c.c:- General Manager & Head, Market Surveillance Department, Market Oversight
Division, Securities Commission (via fax)

Reference is made to the query from Bursa Malaysia Securities Berhad (“Bursa Securities”) date 21 July 2014 in respect of the Company’s announcement dated 18 July 2014 pertaining to the above matter. The Board of Directors of Censof Holdings Berhad (“Censof” or “the Company”) hereby furnishes the following additional information for public release :-

  1. The basis of arriving at the total disposal consideration of RM 12,500,000.

The Disposal was done in two (2) tranches. The basis of arriving at the disposal consideration are as follows:

1st tranche - 25,000,000 at RM0.26 per DNex Share, representing a discount of 18.75% to the closing share price of RM0.32.

2nd tranche - 20,000,000 at RM0.30 per DNex Share, representing a discount of 6.25% to the closing share price of RM0.32.

The discount was given due to the disposal was done in blocks. The negotiation’s was done on a willing buyer and willing seller basis and were done separately which resulted in different considerations. The discount was less for the 2nd tranche as there was additional cost of placement fee.

  1. The manner in which the disposal consideration will be satisfied including the terms of any arrangement for payment on a deferred basis.

The disposal was settled fully in cash immediately.

  1. The expected gains or losses to the Censof Holdings Berhad Group arising from the Disposal.

The Censof Group does not expect any gain or losses to the Group arising from the Disposal.

As per IFRS 10.B96, the standard states that no gain or loss shall be recognized in the profit and loss as changes in a parent’s ownership interest in a subsidiary do not result in a loss of control are accounted for as an equity transaction.

However there will be a gain at Company level amounting to RM3,500,000.00.

  1. The effect of the Disposal on the gearing of the Censof Holdings Berhad Group.

No effect on gearing as we have not paid the loan yet, the loan is only due on the 10 October 2014. The effect on the gearing will only materialize upon payment being made.

However upon it materializing the reduction in gearing would be from 0.35 to 0.32 times.

  1. The timeframe for full utilization of proceeds and details of the purchaser.

The proceeds would be used entirely to repay bank borrowings incurred by the Group. The proceeds would be utilized by October 2014.

Details of purchaser

a. Mohd Isa B Ismail

IC: 630506-05-5081

Add: 92 Jalan Kiambang 6,

Taman Kiambang Indah,

Jalan Senawang Paroi,

70450 Seremban.

b. Nik Hamdan B Daud

IC: 670108-03-5751

Add: Kota Damansara, 26 & 28 Jalan PJU 5/4,

Dataran Sunway,

47810, Petaling Jaya.

c. Zainal Abidin Jalil

IC: 590122-01-5247

No 26, Jalan Awan Larat U8/74,

Bukit Jelutong,

40150 Shah Alam.

  1. The particulars of all liabilities to be assumed by the purchaser arising from the Disposal.

There are no liabilities to be assumed by the purchaser.

  1. The original date of investment in the 45,000,000 DNex shares.

The original date of investment for the 45,000,000 DNex Shares was 27 November 2013 after the final tranche of payment was made.

  1. Whether the Disposal is subject to the approval of the relevant government authorities and the estimated time frame for submission of the application to the relevant authorities.

No approval is required from any Government authorities except for Khazanah Nasional Berhad which was obtained on the 7 July 2014.

  1. The salient features of the agreement, if any, and the time and place where such document may be inspected.

There is no agreement for the disposal of the shares with the purchaser. It was a direct business transaction.

This announcement is dated 22 July 2014.



HIBISCS - Changes in Sub. S-hldr's Int. (29B) - Hibiscus Upstream Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameHIBISCUS PETROLEUM BERHAD  
Stock Name HIBISCS  
Date Announced22 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140722-D5D65

Particulars of substantial Securities Holder

NameHibiscus Upstream Sdn Bhd
AddressLevel 18 The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
NRIC/Passport No/Company No.834544-M
Nationality/Country of incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.01 each
Name & address of registered holderHibiscus Upstream Sdn Bhd
Level 18 The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Others16/07/2014
20,000,000
 

Description of other type of transactionExercise of Warrants-B
Circumstances by reason of which change has occurredExercise of Warrants-B
Nature of interestDirect
Direct (units)123,611,400 
Direct (%)18.9 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change123,611,400
Date of notice22/07/2014

Remarks :
Upon the exercise, the direct interest is as follows:-

(i) Hibiscus Upstream Sdn Bhd-84,611,400 shares

(ii) CIMSEC Nominees (Tempatan) Sdn Bhd-CIMB Bank for Hibiscus Upstream Sdn Bhd (MY 1928)-19,200,000 shares

(iii) MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd
-Pledged Securities Account for Hibiscus Upstream Sdn Bhd (MGN-HUS0001M)-19,800,000 shares

The Form 29B was received on 22 July 2014.


HIBISCS - Changes in Sub. S-hldr's Int. (29B) - Dr Kenneth Gerard Pereira

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameHIBISCUS PETROLEUM BERHAD  
Stock Name HIBISCS  
Date Announced22 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140722-D5D64

Particulars of substantial Securities Holder

NameDr Kenneth Gerard Pereira
Address34 Jalan 14/30
46100 Petaling Jaya
Selangor Darul Ehsan
NRIC/Passport No/Company No.580718-10-6431
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.01 each
Name & address of registered holderHibiscus Upstream Sdn Bhd
Level 18 The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Others16/07/2014
20,000,000
 

Description of other type of transactionExercise of Warrants-B by Hibiscus Upstream Sdn Bhd, which he is deemed interested pursuant to Section 6A of the Companies Act, 1965
Circumstances by reason of which change has occurredExercise of Warrants-B by Hibiscus Upstream Sdn Bhd, which he is deemed interested pursuant to Section 6A of the Companies Act, 1965
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)123,611,400 
Indirect/deemed interest (%)18.9 
Total no of securities after change123,611,400
Date of notice22/07/2014

Remarks :
Upon the exercise, the indirect interest is as follows:-

(i) Hibiscus Upstream Sdn Bhd-84,611,400 shares

(ii) CIMSEC Nominees (Tempatan) Sdn Bhd-CIMB Bank for Hibiscus Upstream Sdn Bhd (MY 1928)-19,200,000 shares

(iii) MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd
-Pledged Securities Account for Hibiscus Upstream Sdn Bhd (MGN-HUS0001M)-19,800,000 shares

The Form 29B was received on 22 July 2014.


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