August 25, 2014

Company announcements: PA, YINSON, HARNLEN, UPA, DAIBOCI, SALCON, SPSETIA, PRLEXUS

PA - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameP.A. RESOURCES BERHAD  
Stock Name PA  
Date Announced25 Aug 2014  
CategoryChange in Boardroom
Reference NoCC-140822-CD6E4

Date of change25/08/2014
NameDato' Lau Kuan Kam
Age51
NationalityMalaysian
Type of changeAppointment
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
QualificationsDato' Lau Kuan Kam ("Dato' Lau") holds a Masters of Business Administration from Southern California University in 2002. 
Working experience and occupation Dato' Lau is the founder and Group Managing Director of Twin Arrow Fertilizer Sdn Bhd, Twin Arrow Organic Sdn Bhd and Synectic Agriculture Sdn Bhd. Dato' Lau led the Companies since 1990 until to-date. 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerDato' Lau has no family relationship with any of the Directors and/ or Major Shareholders of P.A. Resources Berhad ("the Company") 
Any conflict of interests that he/she has with the listed issuerDato' Lau has no conflict of interest with the Company and has never been charged for any offence. 
Details of any interest in the securities of the listed issuer or its subsidiariesDato' Lau has direct shareholding of 14,367,600 ordinary shares of RM0.10 each in the Company.

Dato' Lau also has indirect shareholding of 10,486,000 ordinary shares of RM0.10 each in the Company by virtue of shares held by his wife, Datin Low Khoon Lan (5,085,000), his daughter (5,111,000) and his son (4,290,000). 


YINSON - PROVISION OF FINANCIAL ASSISTANCE

Announcement Type: General Announcement
Company NameYINSON HOLDINGS BERHAD  
Stock Name YINSON  
Date Announced25 Aug 2014  
CategoryGeneral Announcement
Reference NoMB-140825-61430

TypeAnnouncement
SubjectPROVISION OF FINANCIAL ASSISTANCE
DescriptionYINSON HOLDINGS BERHAD (“YHB” OR “COMPANY”)

PROPOSED PROVISION OF FINANCIAL ASSISTANCE

On behalf of the Board of Directors of YHB, AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that the Company is proposing to provide financial assistance in the form of security to be provided by YHB for the loan facility taken by PTSC Asia Pacific Pte Ltd (“PTSC AP”), jointly controlled company of YHB (“Proposed Provision of Financial Assistance”).

The Company had on 28 August 2013, obtained the approval from shareholders of YHB at a general meeting for the provision of financial assistance in the form of security and guarantee in connection to the USD300.00 million (equivalent to approximately RM951.00 million) facility agreement dated 28 December 2012 (“Facility Agreement”) entered into between, amongst others, (1) PTSC AP as the borrower, (2) PTSC and YHB as sponsors and (3) Oversea-Chinese Banking Corporation Limited (“OCBC”) and United Overseas Bank Limited as mandated lead arranger, lender and hedging bank (such parties to the Facility Agreement collectively referred to as the “Parties”).

The Proposed Provision of Financial Assistance herein is to increase the aforesaid financial assistance amount from USD300.00 million (equivalent to approximately RM951.00 million) to USD345.00 million (equivalent to approximately RM1,093.65 million). However, shareholders’ approval is also sought for an additional 10% increase in the aforesaid financial assistance over the USD345.00 million i.e. up to USD379.50 million (equivalent to approximately RM1,203.02 million) to cater for any unforeseen circumstances which would require YHB to provide additional financial assistance to PTSC AP.

Please refer to the attachment for further details on the Proposed Provision of Financial Assistance.

This announcement is dated 25 August 2014.

 



YINSON - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameYINSON HOLDINGS BERHAD  
Stock Name YINSON  
Date Announced25 Aug 2014  
CategoryGeneral Announcement
Reference NoMB-140825-61063

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionYINSON HOLDINGS BERHAD (“YHB” OR THE “COMPANY”)
(I) PROPOSED DISPOSAL; AND

(II) PROPOSED PROVISION OF FINANCIAL ASSISTANCE

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

Reference is made to the Company’s announcement dated 9 July 2014 and 24 July 2014 in relation to the Proposed Disposal and the announcement dated 25 August 2014 in relation to the Proposed Provision of Financial Assistance.

On behalf of the Board of Directors of the Company, AmInvestment Bank Berhad (being the Joint Adviser for the Proposed Disposal and Adviser for the Proposed Provision of Financial Assistance) and Maybank Investment Bank Berhad (being the Joint Adviser for Proposed Disposal) wishes to announce that the draft circular in relation to the Proposals had been submitted to Bursa Malaysia Securities Berhad on 25 August 2014.

This announcement is dated 25 August 2014.




HARNLEN - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameHARN LEN CORPORATION BHD  
Stock Name HARNLEN  
Date Announced25 Aug 2014  
CategoryGeneral Announcement
Reference NoCJ-140825-41306

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionHARN LEN CORPORATION BHD
SRI AMAN HIGH COURT SUIT NO. SRA-22-1/2-2012 BETWEEN AUGUSTINE GAWAN ANAK JAMES EVIN & SILI ANAK JAMPONG ("PLAINTIFFS") AND HARN LEN PELITA BENGUNAN SDN. BHD. ("HARN LEN PELITA" OR "DEFENDANT"), A 60% OWNED SUBSIDIARY COMPANY

We refer to the announcements made on 22 February 2012, 10 April 2012, 18 May 2012, 4 July 2012, 6 July 2012, 20 July 2012, 23 October 2012, 6 February 2013, 13 March 2013, 27 June 2013, 29 July 2013, 27 August 2013, 17 February 2014, 17 April 2014 , 27 June 2014 and 6 August 2014 respectively.

The trial has concluded with the calling of the final witness. The Court has given directions on submission to be tendered and exchanged. The Court has fixed 2 January 2015 at 9.00 am for delivery of ruling.

This announcement is dated 25 August 2015.



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

Announcement Type: Financial Results
Company NameUPA CORPORATION BHD  
Stock Name UPA  
Date Announced25 Aug 2014  
CategoryFinancial Results
Reference NoCM-140824-62888

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

Attachments

bursa2014_Qtr2_final.xls
85 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
37,072
35,990
65,900
60,218
2Profit/(loss) before tax
4,712
5,113
8,025
8,110
3Profit/(loss) for the period
3,077
3,590
5,562
6,050
4Profit/(loss) attributable to ordinary equity holders of the parent
3,077
3,590
5,562
6,050
5Basic earnings/(loss) per share (Subunit)
3.97
4.62
7.17
7.79
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 ($$)
2.4000
2.3300
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


DAIBOCI - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameDAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD.  
Stock Name DAIBOCI  
Date Announced25 Aug 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoDP-140825-52DEE

Date of buy back25/08/2014
Description of shares purchasedOrdinary shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)4,000
Minimum price paid for each share purchased ($$)4.360
Maximum price paid for each share purchased ($$)4.380
Total consideration paid ($$)17,608.13
Number of shares purchased retained in treasury (units)4,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)251,600
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 (%)0.22


SALCON - Changes in Sub. S-hldr's Int. (29B) - Great Eastern Holdings Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSALCON BERHAD  
Stock Name SALCON  
Date Announced25 Aug 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-140825-ECA18

Particulars of substantial Securities Holder

NameGreat Eastern Holdings Limited
Address1 Pickering Street #16-01,
Great Eastern Centre
Singapore 048659
NRIC/Passport No/Company No.199903008M
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderAmTrustee Bhd
22nd Floor, Bangunan AmBank Group
No. 55, Jalan Raja Chulan
50200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired20/08/2014
803,000
 

Circumstances by reason of which change has occurredAcquisition of Shares
Nature of interestDeemed Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change38,574,400
Date of notice25/08/2014

Remarks :
Deemed Interest pursuant to Section 6A(4)(C) of the Companies Act, 1965 via its subsidiaries i.e. Great Eastern Life Assurance (Malaysia) Bhd; Overseas Assurance (Malaysia) Bhd; Great Eastern Takaful Bhd; and Pacific Mutual Fund Bhd.


SPSETIA - 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 NameS P SETIA BERHAD  
Stock Name SPSETIA  
Date Announced25 Aug 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoC&-140825-5EC4A

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 - RM0.75
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI)
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KIB)
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (RHB INV)
Citigroup Nominees (Tempatan) Sdn Bhd (NOMURA)
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM)
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN)
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed20/08/2014
50,000
 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDirect
Direct (units)155,518,226 
Direct (%)6.16 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change155,518,226
Date of notice21/08/2014

Remarks :
Form 29B received on 25/8/2014


PRLEXUS - Changes in Sub. S-hldr's Int. (29B) - JE Holdings Sdn. Bhd.

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePROLEXUS BERHAD  
Stock Name PRLEXUS  
Date Announced25 Aug 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140822-4B72B

Particulars of substantial Securities Holder

NameJE Holdings Sdn. Bhd.
AddressSuite 1608, Level 16, Plaza Pengkalan Batu 3, Jalan Ipoh, 51100 Kuala Lumpur
NRIC/Passport No/Company No.450120-M
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1. JE Holdings Sdn. Bhd. ("JE Holdings") of Suite 1608, Level 16, Plaza Pengkalan Batu 3, Jalan Ipoh, 51100 Kuala Lumpur
2. Maybank Nominees (Tempatan) Sdn. Bhd. of 14th Floor, Menara Maybank, 100 Jalan Tun Perak, 50050 Kuala Lumpur (Pledged Securities Account for JE Holdings)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired22/08/2014
10,800
 

Circumstances by reason of which change has occurredOpen market purchases
Nature of interestDirect
Direct (units)8,190,050 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change8,190,050
Date of notice25/08/2014


PRLEXUS - Changes in Sub. S-hldr's Int. (29B) - Lau Mong Ying

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePROLEXUS BERHAD  
Stock Name PRLEXUS  
Date Announced25 Aug 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140822-4B4B5

Particulars of substantial Securities Holder

NameLau Mong Ying
Address28 Jalan Zapin, Taman Kemajuan, 83000 Batu Pahat, Johor Darul Takzim
NRIC/Passport No/Company No.490706-01-5453
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1) Lau Mong Ying of 28 Jalan Zapin, Taman Kemajuan, 83000 Batu Pahat, Johor Darul Takzim
2) Maybank Securities Nominees (Tempatan) Sdn. Bhd. of Level 5, Maybanlife Tower, Dataran Maybank, No. 1, Jalan Maarof, 59000 Kuala Lumpur, W.P.
3) AllianceGroup Nominees (Tempatan) Sdn. Bhd. of 17th Floor, Menara Multi-Purpose Capital Square, No. 8, Jalan Munshi Abdullah, 50100 Kuala Lumpur, W.P.
4) Amsec Nominees (Tempatan) Sdn. Bhd. of 15th Floor, Bangunan Ambank Group, 55 Jalan Raja Chulan, 50200 Kuala Lumpur, W.P.
5) JE Holdings Sdn. Bhd. ("JE Holdings") of Suite 1608, Level 16, Plaza Pengkalan Batu 3, Jalan Ipoh, 51100 Kuala Lumpur
6) Maybank Nominees (Tempatan) Sdn. Bhd. of 14th Floor, Menara Maybank, 100 Jalan Tun Perak, 50050 Kuala Lumpur (Pledged Securities Account for JE Holdings)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired22/08/2014
10,800
 

Circumstances by reason of which change has occurredOpen market purchases via JE Holdings Sdn. Bhd.
Nature of interestDeemed
Direct (units)4,891,068 
Direct (%) 
Indirect/deemed interest (units)8,190,050 
Indirect/deemed interest (%) 
Total no of securities after change13,081,118
Date of notice25/08/2014


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