August 19, 2014

Company announcements: IDEAL, ARMADA, PARKSON, PERDANA

IDEAL - Unusual Market Activity

Announcement Type: General Announcement
Company NameIDEAL SUN CITY HOLDINGS BERHAD (ACE Market) 
Stock Name IDEAL  
Date Announced19 Aug 2014  
CategoryGeneral Announcement
Reference NoCP-140819-61536

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDNM-140819-41464
SubjectUnusual Market Activity
DescriptionIdeal Sun City Holdings Berhad - Unusual Market Activity ("UMA") Reply to Query by Bursa Securities
Query Letter Contents We draw your attention to the recent price rise of your Company’s shares
("trading activity").

In light of the above and in order for investors to be able to make informed
investment decisions, you are requested to respond, after making due enquiry
with your directors, major shareholders and such other relevant persons, to
the following queries immediately for public release in accordance with Rule
9.11 of ACE Market Listing Requirements ("LR"):-

1. whether there is any corporate development relating to your Group’s business
and affairs that has not been previously announced that may account for the
trading activity including those in the stage of negotiation/discussion. If
yes, kindly provide the details including status of the corporate development
to enable investors to make informed investment decision;

2. whether there is any rumour or report concerning the business and affairs
of the Group that may account for the trading activity and in this respect, you
are required to comply with Rules 9.09 and 9.10 of the LR;

3. whether you are aware of any other possible explanation to account for the
trading activity; and

4. whether you are in compliance with the LR, in particular Rule 9.03 of the LR
on immediate disclosure obligations.






...2/-







Please note that the contents of the announcement must be endorsed by the Board
of Directors of the Company and the announcement must reach Bursa Securities
immediately via Bursa LINK.


Yours faithfully




TAN YEW ENG
Vice President, Issuers
Listing Division
Regulation

TYE/NMA

We refer to the letter dated 19 August 2014 from Bursa Malaysia Securities Berhad ("Bursa Securities") in relation to the recent rise in price of the shares of Ideal Sun City Holdings Berhad ("IDEAL" or the "Company") ("Trading Activity").


The Company would like to confirm after making due enquiry with the Directors and major shareholders of the Company seeking the cause of the Trading Activity, that:

1. the Company is not aware of any corporate development relating to the IDEAL group's business and affairs that has not been previously announced including those in the stage of negotiation/discussion that would account for the Trading Activity, save for an acquisition proposal, the details of which are presently still in the stage of negotiation and have yet to be finalised. Once details of the proposal have been finalised, an announcement will be made immediately. However, the Company would like to stress that there is no certainty that the negotiations will result in the signing of any definitive agreement;

2. the Company is not aware of any rumour or report concerning the IDEAL group's business and affairs that would account for the Trading Activity;

3. the Company is not aware of any other possible explanation that would account for the Trading Activity; and

4. the Company will make the necessary announcement to Bursa Securities of any material information in compliance with the ACE Market Listing Requirements ("AMLR") in particular Rule 9.03 of the AMLR on immediate disclosure obligations.

This announcement is dated 19 August 2014.





ARMADA - OTHERS LETTER OF INTENT FOR THE SUPPLY OF ONE (1) FLOATING PRODUCTION, STORAGE AND OFFLOADING VESSEL

Announcement Type: General Announcement
Company NameBUMI ARMADA BERHAD  
Stock Name ARMADA  
Date Announced19 Aug 2014  
CategoryGeneral Announcement
Reference NoBA-140814-424DC

TypeAnnouncement
SubjectOTHERS
DescriptionLETTER OF INTENT FOR THE SUPPLY OF ONE (1) FLOATING PRODUCTION, STORAGE AND OFFLOADING VESSEL

Bumi Armada Berhad (“Bumi Armada” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Bumi Armada Offshore Holdings Limited (“BAOHL”) together with its joint venture company, PT Armada Gema Nusantara ("PT AGN") (collectively, the “Consortium”) have been appointed as the FPSO Lease Contractor for the Madura BD Field, Offshore Indonesia via a Letter of Intent issued by Husky-CNOOC Madura Limited (“HCML”).

Pursuant to the Letter of Intent (the “LOI”), the Consortium will supply a Floating Production, Storage and Offloading Vessel to HCML at a contract value of USD1.18 billion (equivalent to approximately RM3.76 billion) for a fixed period of ten (10) years with options of five (5) annual extensions worth an aggregate value of USD147 million (equivalent to approximately RM469 million), if the options are fully exercised by HCML, subject to terms and conditions of the FPSO Lease Contract (the “Contract”) to be finalised and signed within forty-five (45) days from the effective date of the LOI of 8 August 2014 subject to such extension to be mutually agreed between HCML and the Consortium. The Consortium is authorised to commence initial engineering work immediately on issuance of the LOI.

BAOHL, a wholly-owned subsidiary of Bumi Armada, was incorporated in the Republic of the Marshall Islands Business Corporations Act 1990 as a Marshall Islands Corporation on 17 June 2010 and is principally involved in the business of owning, chartering, managing of ships and vessels, provision of marine support and other services to offshore oil and gas companies.

PT AGN is an Indonesian joint venture company of BAOHL and PT Gema Marine Services.

HCML is an oil and gas company based in Jakarta, located in the Madura Straits, offshore East Java, Indonesia. The shareholders of HCML are CNOOC Southeast Asia Limited, Husky Oil Madura Partnership and SMS Development Limited holding 40%, 40% and 20% in HCML respectively.

None of the Directors and/or major shareholders of the Company or persons connected with them have any interest, direct or indirect, in the award.

This announcement is dated 19 August 2014.



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

Announcement Type: General Announcement
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced19 Aug 2014  
CategoryGeneral Announcement
Reference NoPH-140819-67634

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionPARKSON HOLDINGS BERHAD (“PARKSON HOLDINGS” or the “COMPANY”)

Proposed Disposal of KL Festival City Mall

The Board of Directors of Parkson Holdings wishes to announce that Festival City Sdn Bhd (“FCSB” or the “Vendor”), a wholly-owned subsidiary of the Company, and Parkson Holdings had on 19 August 2014 entered into a conditional sale and purchase agreement (“SPA”) with Festiva Mall Sdn Bhd (“Festiva Mall” or the “Purchaser”) and AsiaMalls Sdn Bhd (“AsiaMalls” or the “Purchaser’s Guarantor”), the holding company of Festiva Mall, for the proposed disposal by FCSB of its property known as KL Festival City Mall (“KL Festival City Mall” or the “Property”) for a cash consideration of RM349 million (“Disposal Consideration”) (“Proposed Disposal”).

The full text of the announcement is attached herewith.

Attachments

PHB announcement.pdf
279 KB



PERDANA - Quarterly rpt on consolidated results for the financial period ended 30/6/2014

Announcement Type: Financial Results
Company NamePERDANA PETROLEUM BERHAD  
Stock Name PERDANA  
Date Announced19 Aug 2014  
CategoryFinancial Results
Reference NoCA-140819-44853

Financial Year End31/12/2014
Quarter2
Quarterly report for the financial period ended30/06/2014
The figureshave not been audited

Attachments

PPB Q2 2014.pdf
207 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/06/2014
30/06/2013
30/06/2014
30/06/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
88,574
71,656
175,844
128,435
2Profit/(loss) before tax
24,143
15,306
46,506
28,476
3Profit/(loss) for the period
24,012
13,552
46,027
24,814
4Profit/(loss) attributable to ordinary equity holders of the parent
24,012
13,166
46,028
24,260
5Basic earnings/(loss) per share (Subunit)
3.25
2.64
6.26
4.86
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.8200
0.7700
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


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