September 18, 2014

Company announcements: AEONCR, MNRB, KNM, SCOMIEN, KESM, FSBM

AEONCR - Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameAEON CREDIT SERVICE (M) BERHAD  
Stock Name AEONCR  
Date Announced18 Sept 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoCC-140917-65686

EX-date01/10/2014
Entitlement date03/10/2014
Entitlement time05:00:00 PM
Entitlement subjectInterim Dividend
Entitlement descriptionInterim single tier dividend of 27.40 sen per ordinary share of RM0.50 each for the financial year ending 20 February 2015
Period of interest payment to
Financial Year End20/02/2015
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSymphony Share Registrars Sdn. Bhd.
Level 6, Symphony House
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan
T: +603-7841 8000
F: +603-7841 8008
Payment date 21/10/2014
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers03/10/2014 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency0.274


MNRB - OTHERS MNRB GROUP MAINTAINS ITS SOUND PERFORMANCE FOR FY2014

Announcement Type: General Announcement
Company NameMNRB HOLDINGS BERHAD  
Stock Name MNRB  
Date Announced18 Sept 2014  
CategoryGeneral Announcement
Reference NoMH-140918-65300

TypeAnnouncement
SubjectOTHERS
DescriptionMNRB GROUP MAINTAINS ITS SOUND PERFORMANCE FOR FY2014

PRESS RELEASE * FOR IMMEDIATE RELEASE

MNRB GROUP MAINTAINS ITS SOUND PERFORMANCE FOR FY2014

Kuala Lumpur, 18 September 2014 – The MNRB Group recorded a RM88 million increase in revenue to RM2.4 billion for the financial year ended 31 March 2014 (FY2014) in comparison to the revenue of RM2.3 billion recorded previously.

Encik Sharkawi Alis, Chairman of MNRB said, “The improvement in the Group’s revenue was a result of the increase in gross premiums and contributions by our subsidiaries, mainly, Malaysian Reinsurance Berhad (Malaysian Re) and Takaful Ikhlas Berhad (Takaful IKHLAS) respectively”.

The Group registered gross premiums and contributions amounting to RM2.2 billion for FY2014 representing an increase of RM66.4 million as compared to RM2.1 billion in the preceding year. The Group’s total investment income amounted to RM174.2 million in FY2014, a 14.7% or RM22.3 million increase over the RM151.9 million recorded previously.

“The Group also registered an increase of 38.5% in net profit to RM156 million in FY2014 from RM112.7 million in FY2013 due to the higher underwriting surplus of Malaysian Re. For the financial year under review, the Group’s earnings per share increased by 20.3 sen to 73.2 sen as compared to 52.9 sen previously”, added Encik Sharkawi.

Meanwhile, the Group’s reinsurance arm, Malaysian Re, registered total gross premiums of RM1.34 billion, representing a RM65.8 million increase in comparison to the RM1.28 billion registered in FY2013. For the financial year under review, Malaysian Re registered a profit before tax of RM213.1 million, a 28.7% or RM47.5 million increase as compared to the profit before tax of RM165.6 million registered in the preceding year. The growth was due to improved underwriting results as well as higher investment income. As a result, the overall profit after tax of Malaysian Re stood at RM160.7 million in FY2014 as compared to RM124 million previously.

Takaful IKHLAS, MNRB’s takaful arm, recorded an increase of RM24 million in gross contributions to RM769.6 million for FY2014 from RM745.6 million previously. The net profit attributable to equity holders improved by 59.4% to RM16.1 million from RM10.1 million as a result of higher wakalah fees and surplus administration charges from takaful funds.

MNRB Retakaful Berhad (MRT), another subsidiary of MNRB, recorded an improvement in its results from a loss of RM12.9 million last year to a loss of RM1.2 million for FY2014.

Commenting on the Group’s prospects, Encik Sharkawi said, “The Board of Directors remains optimistic of the Group’s prospects for the new financial year. We will continue to focus our efforts and resources on exploring all opportunities and addressing all challenges. Moving forward, we will continue to assume a prudent and conservative approach in all that we undertake to ensure shareholder value creation remains our top priority”.

MNRB Holdings Berhad is an investment holding company. Amongst its wholly owned subsidiaries are Malaysian Reinsurance Berhad (Malaysian Re), Takaful Ikhlas Bhd. (Takaful IKHLAS), MNRB Retakaful Berhad (MRT) and Malaysian Re (Dubai) Ltd. (MRDL). MNRB is listed on the Main Market of the Bursa Malaysia Securities Berhad.

For more information, please log on to www.mnrb.com.my

###


For any further enquiries, kindly contact:
Puan Noorazimah Tahir (Azie)
Vice President & Head of Corporate Communications at
telephone no: 03-2096 8120 or fax: 03-2096 8003 or
email:
azie@mnrb.com.my



 



KNM - 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 NameKNM GROUP BERHAD  
Stock Name KNM  
Date Announced18 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoKG-140918-82EBC

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 for EPF (AMUNDI)
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur

Citigroup Nominees (Tempatan) Sdn Bhd for EPF (HDBS)
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur

Citigroup Nominees (Tempatan) Sdn Bhd for EPF (MAYBAN)
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur

Citigroup Nominees (Tempatan) Sdn Bhd for EPF (NOMURA)
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur

Citigroup Nominees (Tempatan) Sdn Bhd for EPF (CIMB PRI)
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur

Citigroup Nominees (Tempatan) Sdn Bhd for EPF (ARIM)
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur

Citigroup Nominees (Tempatan) Sdn Bhd for EPF (TEMPLETON)
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)
Disposed12/09/2014
2,635,600
 

Circumstances by reason of which change has occurredDisposal of shares by EPF/EPF's portfolio manager
Nature of interestDirect
Direct (units)100,901,100 
Direct (%)6.25 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change100,901,100
Date of notice15/09/2014

Remarks :
1. The Company had on 18 September 2014 received the Notice of Change in the Interest of Substantial Shareholder (Form 29B) dated 15 September 2014.

2. Percentage interest is based on the total issued and paid-up share capital of 1,615,356,977 ordinary shares, which excludes a total of 23,281,275 ordinary shares held as treasury shares as at 18 September 2014.


SCOMIEN - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameSCOMI ENGINEERING BHD  
Stock Name SCOMIEN  
Date Announced18 Sept 2014  
CategoryChange in Boardroom
Reference NoSE-140918-61240

Date of change18/09/2014
NameEdlin Bin Ghazaly
Age49
NationalityMalaysian
DesignationDirector
DirectorateIndependent & Non Executive
Type of changeResignation
ReasonPersonal Commitment
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
QualificationsHe obtained a Law Degree from the International Islamic University Malaysia in 1989. 
Working experience and occupation He has been in the legal profession for about 24 years. His expertise lies in the law relating to Hire Purchase, Banking and Corporate, IT-related and Islamic Loan documentations and Joint Ventures. He now takes on mainly advisory function, counseling companies on their corporate maneuvers and strategic moves, locally and in cross-border negotiations. He also familiar in real estate transactions in private and commercial deals. 
Directorship of public companies (if any)Astral Supreme Berhad 
Family relationship with any director and/or major shareholder of the listed issuerNone. 
Any conflict of interests that he/she has with the listed issuerNone. 
Details of any interest in the securities of the listed issuer or its subsidiaries(i) direct Interest : 300,000 ordinary shares of RM1.00 each;
(ii) Options granted pursuant to the Company’s Employees’ Share Option Scheme (units) : 300,000 @ RM1.00 each. 


KESM - OTHERS PRESS RELEASE : KESM IMPROVES REVENUE

Announcement Type: General Announcement
Company NameKESM INDUSTRIES BERHAD  
Stock Name KESM  
Date Announced18 Sept 2014  
CategoryGeneral Announcement
Reference NoCA-140918-36473

TypeAnnouncement
SubjectOTHERS
DescriptionPRESS RELEASE : KESM IMPROVES REVENUE

A copy of the Press Release dated 18 September 2014 is enclosed.



FSBM - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameFSBM HOLDINGS BERHAD  
Stock Name FSBM  
Date Announced18 Sept 2014  
CategoryGeneral Announcement
Reference NoFH-140918-545CA

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionLEGAL ACTION AGAINST INDIVIDUALS AND TECHNITIUM SDN BHD

Reference is made to the Company's earlier announcements where in furtherance to the actions brought by FSBM CTech Sdn Bhd (“CTECH”) and FSBM Holdings Berhad (“FSBM) against Technitium Sdn Bhd (“TSB”) for recovery of debts amounting to RM32,409,434.77 and RM8,563,212.64 respectively, CTECH and FSBM have filed a suit in the High Court on the 22 April 2014 against Dr Azman Bin Awang as 1st Defendant, Haliza Binti Bidin as 2nd Defendant, Mariana Binti Ahmad Tahar as 3rd Defendant, and TSB as 4th Defendant.

The 3rd Defendant, Mariana Binti Ahmad Tahar, had further filed a strike out application on the aforementioned action. On 17 September 2014, the Court had delivered its decision and dismissed the strike out application.



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