September 5, 2014

Company announcements: DIALOG, LBICAP, TALIWRK

DIALOG - OTHERS FARM-OUT AGREEMENT FOR D35, D21 AND J4

Announcement Type: General Announcement
Company NameDIALOG GROUP BERHAD  
Stock Name DIALOG  
Date Announced5 Sept 2014  
CategoryGeneral Announcement
Reference NoDG-140905-51950

TypeAnnouncement
SubjectOTHERS
DescriptionFARM-OUT AGREEMENT FOR D35, D21 AND J4

Further to the announcement on the acceptance of the Letter of Intent on 30 May 2014, Dialog Group Berhad (“DIALOG”) is pleased to announce the completion of the farm-out agreement between its wholly owned subsidiary, Dialog Resources Sdn Bhd (“Dialog Resources”) and ROC Oil (Sarawak) Sdn Bhd (“ROC”) for 20% participating interest in the Production Sharing Contract for the three fields D35, D21 and J4, located offshore Sarawak, Malaysia (“PSC”), which will reduce ROC's participating interest in the PSC to 30%.

The farm-out is after the satisfactory completion of due diligence, documentation and having obtained PETRONAS’ approval as well as joint venture approval.

Following the farm-out, the participating interests of the PSC Contractors will be:

PETRONAS Carigali Sdn Bhd

40%

E&P Malaysia Venture Sdn Bhd

10%

Roc Oil (Sarawak) Sdn Bhd

30%

Dialog Resources Sdn Bhd

20%

PETRONAS Carigali Sdn Bhd (“PCSB”) is the Operator of the PSC and retains responsibility for operations and maintenance of the facilities. PCSB has, in addition to ROC’s participation in the PSC, appointed ROC as the PSC Development Manager.

The field re-development and enhancement of oil recovery consist of:

1. Phase 1 – commenced in early 2014 is designed to increase oil production rate and enhance the Fields production potential through a series of intervention activities and facility debottlenecking projects. Phase 1 has a minimum work commitment of US$70 million.

2. Phase 2 - is expected to significantly expand the production and overall recovery potential from the Fields. Phase 2 is subject to a Field Development Plan (“FDP”) sanction, following completion of a series of studies designed to prove the reservoirs’ responses to re-pressurisation and tertiary recovery. Completion of the study work and the subsequent FDP approval process are planned during 2015. Phase 2 has a minimum work commitment of US$50 million and full Phase 2 cost estimates will be refined during the study period.

The PSC terms are designed for field re-development and enhancement of oil recovery to commercially encourage progressive incremental oil development over the full life of the PSC, which expires on 31 December 2034.

Rationale and Prospects

DIALOG’s participation in the PSC is part of DIALOG’s strategy to grow its upstream assets and to continue to develop its upstream capabilities in the oil and gas activities which include the rejuvenation and re-development of mature oil fields and the development of marginal fields. This is expected to create a robust platform for generating long term sustainable revenue from oil and gas production.

The increased upstream activities will provide further opportunities for DIALOG to participate in the provision of services in the value chain of the field development cycle, particularly in relation to the provision of upstream engineering & operations and maintenance services.

The strengthening of the upstream capabilities will lead to an increase in DIALOG’s sources of sustainable and recurring income in the future and reinforces DIALOG’s position as a leading integrated technical services provider.

Please refer to the attachment for further details of the announcement.

This announcement is dated 5 September 2014.



LBICAP - Changes in Director's Interest (S135) - DATO' NG CHIN HENG

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameLBI CAPITAL BERHAD  
Stock Name LBICAP  
Date Announced5 Sept 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCN-140904-7BFF0

Information Compiled By KLSE

Particulars of Director

NameDATO' NG CHIN HENG
Address6A, JALAN PERMATA 7/1, 40000 SHAH ALAM, SELANGOR DARUL EHSAN
Descriptions(Class & nominal value)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)
Acquired
02/09/2014
27,400
 
Acquired
03/09/2014
181,500
 
Acquired
04/09/2014
16,100
 

Circumstances by reason of which change has occurredDeemed interest by virtue of the interest of his parent, Datin Chan Soon @ Chan Lai Har.
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units) 
Direct (%) 
Indirect/deemed interest (units)40,300,829 
Indirect/deemed interest (%)56.15 
Date of notice05/09/2014

Remarks :
Price transacted ranging from:
-02/09/2014-RM1.43 & RM1.45
-03/09/2014-RM1.42 & RM1.45
-04/09/2014-RM1.43 & RM1.45


LBICAP - Changes in Director's Interest (S135) - RAYMOND NG YEW FOONG

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameLBI CAPITAL BERHAD  
Stock Name LBICAP  
Date Announced5 Sept 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCN-140904-7C288

Information Compiled By KLSE

Particulars of Director

NameRAYMOND NG YEW FOONG
Address6A, JALAN PERMATA 7/1, 40000 SHAH ALAM, SELANGOR DARUL EHSAN
Descriptions(Class & nominal value)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)
Acquired
02/09/2014
27,400
 
Acquired
03/09/2014
181,500
 
Acquired
04/09/2014
16,100
 

Circumstances by reason of which change has occurredDeemed interest by virtue of the indirect interest of his parent, Dato' Ng Chin Heng.
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units) 
Direct (%) 
Indirect/deemed interest (units)40,300,829 
Indirect/deemed interest (%)56.15 
Date of notice05/09/2014

Remarks :
Price transacted ranging from:
-02/09/2014-RM1.43 & RM1.45
-03/09/2014-RM1.42 & RM1.45
-04/09/2014-RM1.43 & RM1.45


LBICAP - Changes in Sub. S-hldr's Int. (29B) - DATO' NG CHIN HENG

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameLBI CAPITAL BERHAD  
Stock Name LBICAP  
Date Announced5 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCN-140904-7BFEF

Particulars of substantial Securities Holder

NameDATO' NG CHIN HENG
Address6A, JALAN PERMATA 7/1, 40000 SHAH ALAM, SELANGOR DARUL EHSAN
NRIC/Passport No/Company No.580828-10-5579
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderDatin Chan Soon @ Chan Lai Har
Lot 1282, Jalan Bukit Kemuning, Seksyen 32, 40460 Shah Alam, Selangor Darul Ehsan.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired02/09/2014
27,400
 
Acquired03/09/2014
181,500
 
Acquired04/09/2014
16,100
 

Circumstances by reason of which change has occurredDeemed interest by virtue of the interest of his parent, Datin Chan Soon @ Chan Lai Har.
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)40,300,829 
Indirect/deemed interest (%)56.15 
Total no of securities after change40,300,829
Date of notice05/09/2014

Remarks :
Price transacted ranging from:
-02/09/2014-RM1.43 & RM1.45
-03/09/2014-RM1.42 & RM1.45
-04/09/2014-RM1.43 & RM1.45


LBICAP - Changes in Sub. S-hldr's Int. (29B) - DATIN LOW WEE CHIN

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameLBI CAPITAL BERHAD  
Stock Name LBICAP  
Date Announced5 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCN-140905-6ECE9

Particulars of substantial Securities Holder

NameDATIN LOW WEE CHIN
Address6A, JALAN PERMATA 7/1, 40000 SHAH ALAM, SELANGOR DARUL EHSAN
NRIC/Passport No/Company No.590305-01-5258
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderDatin Chan Soon @ Chan Lai Har
Lot 1282, Jalan Bukit Kemuning, Seksyen 32, 40460 Shah Alam, Selangor Darul Ehsan.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired02/09/2014
27,400
 
Acquired03/09/2014
181,500
 
Acquired04/09/2014
16,100
 

Circumstances by reason of which change has occurredDeemed interest by virtue of the indirect interest of her spouse, Dato' Ng Chin Heng, who is the son of Datin Chan Soon @ Chan Lai Har.
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)40,300,829 
Indirect/deemed interest (%)56.15 
Total no of securities after change40,300,829
Date of notice05/09/2014

Remarks :
Price transacted ranging from:
-02/09/2014-RM1.43 & RM1.45
-03/09/2014-RM1.42 & RM1.45
-04/09/2014-RM1.43 & RM1.45


LBICAP - Changes in Sub. S-hldr's Int. (29B) - DATO' NG TIONG SENG

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameLBI CAPITAL BERHAD  
Stock Name LBICAP  
Date Announced5 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCN-140904-7C444

Particulars of substantial Securities Holder

NameDATO' NG TIONG SENG
AddressNo.1, Lot 1273, Batu 8, Bukit Kemuning, 42450 Shah Alam, Selangor Darul Ehsan.
NRIC/Passport No/Company No.330801-10-5139
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderDatin Chan Soon @ Chan Lai Har
No.1, Lot 1273, Batu 8, Bukit Kemuning, 42450 Shah Alam, Selangor Darul Ehsan.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired02/09/2014
27,400
 
Acquired03/09/2014
181,500
 
Acquired04/09/2014
16,100
 

Circumstances by reason of which change has occurredDeemed interest by virtue of the interest of his spouse, Datin Chan Soon @ Chan Lai Har.
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)40,300,829 
Indirect/deemed interest (%)56.15 
Total no of securities after change40,300,829
Date of notice05/09/2014

Remarks :
Price transacted ranging from:
-02/09/2014-RM1.43 & RM1.45
-03/09/2014-RM1.42 & RM1.45
-04/09/2014-RM1.43 & RM1.45


LBICAP - Changes in Sub. S-hldr's Int. (29B) - RAYMOND NG YEW FOONG

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameLBI CAPITAL BERHAD  
Stock Name LBICAP  
Date Announced5 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCN-140904-7C287

Particulars of substantial Securities Holder

NameRAYMOND NG YEW FOONG
Address6A, JALAN PERMATA 7/1, 40000 SHAH ALAM, SELANGOR DARUL EHSAN
NRIC/Passport No/Company No.830329-14-6041
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderDatin Chan Soon @ Chan Lai Har
Lot 1282, Jalan Bukit Kemuning, Seksyen 32, 40460 Shah Alam, Selangor Darul Ehsan.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired02/09/2014
27,400
 
Acquired03/09/2014
181,500
 
Acquired04/09/2014
16,100
 

Circumstances by reason of which change has occurredDeemed interest by virtue of the indirect interest of his parent, Dato' Ng Chin Heng, who is the son of Datin Chan Soon @ Chan Lai Har.
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)40,300,829 
Indirect/deemed interest (%)56.15 
Total no of securities after change40,300,829
Date of notice05/09/2014

Remarks :
Price transacted ranging from:
-02/09/2014-RM1.43 & RM1.45
-03/09/2014-RM1.42 & RM1.45
-04/09/2014-RM1.43 & RM1.45


LBICAP - Changes in Sub. S-hldr's Int. (29B) - NG CHIN LOONG

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameLBI CAPITAL BERHAD  
Stock Name LBICAP  
Date Announced5 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCN-140904-7C5DA

Particulars of substantial Securities Holder

NameNG CHIN LOONG
AddressLot 3732, Jalan Batai Laut, Kawasan 16, 41300 Klang, Selangor Darul Ehsan.
NRIC/Passport No/Company No.610326-10-6277
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderDatin Chan Soon @ Chan Lai Har
Lot 1282, Jalan Bukit Kemuning, Seksyen 32, 40460 Shah Alam, Selangor Darul Ehsan.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired02/09/2014
27,400
 
Acquired03/09/2014
181,500
 
Acquired04/09/2014
16,100
 

Circumstances by reason of which change has occurredDeemed interest by virtue of the interest of his parent, Datin Chan Soon @ Chan Lai Har.
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)40,300,829 
Indirect/deemed interest (%)56.15 
Total no of securities after change40,300,829
Date of notice05/09/2014

Remarks :
Price transacted ranging from:
-02/09/2014-RM1.43 & RM1.45
-03/09/2014-RM1.42 & RM1.45
-04/09/2014-RM1.43 & RM1.45


LBICAP - Changes in Director's Interest (S135) - DATIN LOW WEE CHIN

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameLBI CAPITAL BERHAD  
Stock Name LBICAP  
Date Announced5 Sept 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCN-140904-CC6CD

Information Compiled By KLSE

Particulars of Director

NameDATIN LOW WEE CHIN
Address6A, JALAN PERMATA 7/1, 40000 SHAH ALAM, SELANGOR DARUL EHSAN
Descriptions(Class & nominal value)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)
Acquired
02/09/2014
27,400
 
Acquired
03/09/2014
181,500
 
Acquired
04/09/2014
16,100
 

Circumstances by reason of which change has occurredDeemed interest by virtue of the indirect interest of her spouse, Dato' Ng Chin Heng.
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units) 
Direct (%) 
Indirect/deemed interest (units)40,300,829 
Indirect/deemed interest (%)56.15 
Date of notice05/09/2014

Remarks :
Price transacted ranging from:
-02/09/2014-RM1.43 & RM1.45
-03/09/2014-RM1.42 & RM1.45
-04/09/2014-RM1.43 & RM1.45


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

Announcement Type: General Announcement
Company NameTALIWORKS CORPORATION BERHAD  
Stock Name TALIWRK  
Date Announced5 Sept 2014  
CategoryGeneral Announcement
Reference NoCK-140905-40FBB

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionTALIWORKS CORPORATION BERHAD ("TCB/the Company")
- JOINT VENTURE VIA SHARE SALE AND PURCHASE AGREEMENT BETWEEN THE COMPANY, PINGGIRAN MUHIBBAH SDN. BHD. AND THE EMPLOYEES PROVIDENT FUND BOARD

Further to the announcements made on 11 August 2014, 15 August 2014 and 19 August 2014 on the joint venture via share sale and purchase agreement between the Company, Pinggiran Muhibbah Sdn. Bhd. and the Employees Provident Fund Board (SSPA), the Board of Directors is pleased to announce that the SSPA is completed on 5 September 2014.

This announcement is dated 5 September 2014.



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