DIALOG - OTHERS FARM-OUT AGREEMENT FOR D35, D21 AND J4
Company Name | DIALOG GROUP BERHAD |
Stock Name | DIALOG |
Date Announced | 5 Sept 2014 |
Category | General Announcement |
Reference No | DG-140905-51950 |
Type | Announcement | ||||||||
Subject | OTHERS | ||||||||
Description | FARM-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.
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LBICAP - Changes in Director's Interest (S135) - DATO' NG CHIN HENG
Company Name | LBI CAPITAL BERHAD |
Stock Name | LBICAP |
Date Announced | 5 Sept 2014 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | CN-140904-7BFF0 |
Information Compiled By KLSE
Particulars of Director
Name | DATO' NG CHIN HENG |
Address | 6A, 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 | 27,400 | ||
Acquired | 181,500 | ||
Acquired | 16,100 |
Circumstances by reason of which change has occurred | Deemed interest by virtue of the interest of his parent, Datin Chan Soon @ Chan Lai Har. |
Nature of interest | Indirect |
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 notice | 05/09/2014 |
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
Company Name | LBI CAPITAL BERHAD |
Stock Name | LBICAP |
Date Announced | 5 Sept 2014 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | CN-140904-7C288 |
Information Compiled By KLSE
Particulars of Director
Name | RAYMOND NG YEW FOONG |
Address | 6A, 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 | 27,400 | ||
Acquired | 181,500 | ||
Acquired | 16,100 |
Circumstances by reason of which change has occurred | Deemed interest by virtue of the indirect interest of his parent, Dato' Ng Chin Heng. |
Nature of interest | Indirect |
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 notice | 05/09/2014 |
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
Company Name | LBI CAPITAL BERHAD |
Stock Name | LBICAP |
Date Announced | 5 Sept 2014 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CN-140904-7BFEF |
Particulars of substantial Securities Holder
Name | DATO' NG CHIN HENG |
Address | 6A, JALAN PERMATA 7/1, 40000 SHAH ALAM, SELANGOR DARUL EHSAN |
NRIC/Passport No/Company No. | 580828-10-5579 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
Name & address of registered holder | Datin 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 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 |
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
Company Name | LBI CAPITAL BERHAD |
Stock Name | LBICAP |
Date Announced | 5 Sept 2014 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CN-140905-6ECE9 |
Particulars of substantial Securities Holder
Name | DATIN LOW WEE CHIN |
Address | 6A, JALAN PERMATA 7/1, 40000 SHAH ALAM, SELANGOR DARUL EHSAN |
NRIC/Passport No/Company No. | 590305-01-5258 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
Name & address of registered holder | Datin 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 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 |
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
Company Name | LBI CAPITAL BERHAD |
Stock Name | LBICAP |
Date Announced | 5 Sept 2014 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CN-140904-7C444 |
Particulars of substantial Securities Holder
Name | DATO' NG TIONG SENG |
Address | No.1, Lot 1273, Batu 8, Bukit Kemuning, 42450 Shah Alam, Selangor Darul Ehsan. |
NRIC/Passport No/Company No. | 330801-10-5139 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
Name & address of registered holder | Datin 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 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 |
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
Company Name | LBI CAPITAL BERHAD |
Stock Name | LBICAP |
Date Announced | 5 Sept 2014 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CN-140904-7C287 |
Particulars of substantial Securities Holder
Name | RAYMOND NG YEW FOONG |
Address | 6A, JALAN PERMATA 7/1, 40000 SHAH ALAM, SELANGOR DARUL EHSAN |
NRIC/Passport No/Company No. | 830329-14-6041 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
Name & address of registered holder | Datin 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 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 |
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
Company Name | LBI CAPITAL BERHAD |
Stock Name | LBICAP |
Date Announced | 5 Sept 2014 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CN-140904-7C5DA |
Particulars of substantial Securities Holder
Name | NG CHIN LOONG |
Address | Lot 3732, Jalan Batai Laut, Kawasan 16, 41300 Klang, Selangor Darul Ehsan. |
NRIC/Passport No/Company No. | 610326-10-6277 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
Name & address of registered holder | Datin 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 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 |
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
Company Name | LBI CAPITAL BERHAD |
Stock Name | LBICAP |
Date Announced | 5 Sept 2014 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | CN-140904-CC6CD |
Information Compiled By KLSE
Particulars of Director
Name | DATIN LOW WEE CHIN |
Address | 6A, 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 | 27,400 | ||
Acquired | 181,500 | ||
Acquired | 16,100 |
Circumstances by reason of which change has occurred | Deemed interest by virtue of the indirect interest of her spouse, Dato' Ng Chin Heng. |
Nature of interest | Indirect |
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 notice | 05/09/2014 |
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
Company Name | TALIWORKS CORPORATION BERHAD |
Stock Name | TALIWRK |
Date Announced | 5 Sept 2014 |
Category | General Announcement |
Reference No | CK-140905-40FBB |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | TALIWORKS 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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