September 2, 2014

Company announcements: HYTEXIN, HOHUP, HBGLOB, BGYEAR, TGUAN, FURNWEB, EURO, PMETAL, FITTERS

HYTEXIN - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameHYTEX INTEGRATED BERHAD  
Stock Name HYTEXIN  
Date Announced2 Sept 2014  
CategoryGeneral Announcement
Reference NoCS-140902-52050

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionHYTEX INTEGRATED BERHAD (In Liquidation) (“HIB” OR “THE COMPANY”)
- Monthly announcement on the status of the Company’s Regularisation Plan pursuant to Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“PN 17”)

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the announcement dated 1 August 2014.


Further to the Company’s announcement dated 1 August 2014 in compliance with Paragraph 4.1 of PN17, the Company wishes to announce that o
n 7 August 2014, the Court of Appeal had fixed a hearing in respect of the UOB Winding-Up Order on 11 August 2014.

On 8 August 2014, UOB vide its solicitors had served the affidavit in reply and submissions in respect of the UOB Winding-Up Order to HIB. Pursuant thereto, HIB vide its solicitors had on 11 August 2014 requested for a postponement of the hearing date. The Court had granted the postponement to 20 August 2014.

On 20 August 2014, the High Court had adjourned the hearing of the stay application of the UOB Winding-Up Order to 15 September 2014 to be heard together with HIB’s shareholders' motion to amend its Notice of Appeal.

On 26 August 2014, Public Investment Bank Berhad on behalf of the Board of Directors of HIB and the Liquidators, announced that Bursa Malaysia Securities Berhad had vide its letter dated 25 August 2014, granted HIB an extension of time of six (6) months up to 1 December 2014, to submit a regularisation plan to the regulatory authorities.

Save as disclosed above, there has been no material development since the previous announcement. The Company shall announce further developments on the above matter in due course.

This announcement is dated 2 September 2014.



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

Announcement Type: General Announcement
Company NameHO HUP CONSTRUCTION COMPANY BHD  
Stock Name HOHUP  
Date Announced2 Sept 2014  
CategoryGeneral Announcement
Reference NoCS-140902-60568

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionHO HUP CONSTRUCTION COMPANY BERHAD ("Ho Hup" or "the Company")
-EQUITY JOINT VENTURE AGREEMENT BETWEEN HO HUP CONSTRUCTION COMPANY (L) LTD. AND ZAYKABAR E&C CO. LTD.

Reference is made to the announcement dated 5 June 2014.

The Board of Directors of Ho Hup wishes to announce that the incorporation of Ho Hup (Myanmar) E&C Co., Ltd has been approved by the local authorities in Myanmar and a Temporary Certificate of Incorporation and Form of Permit have been issued on 26 August 2014 as Registration and Permit No. 557 FC/2014-2015. Pursuant to the letters dated 29 August 2014 from the Directorate of Investment and Company Administration, the approval is subject to the fulfillment of the following conditions:

(a) Remittance of the initial minimum paid-up capital amounting to USD25,000.00; and

(b) Duly signed conditions letter for “Permit”.

The Temporary Certificate of Incorporation and Form of Permit will be replaced with the original one after the completion of the registration process.

The issuance of the Temporary Certificate of Incorporation enable Ho Hup (Myanmar) E&C Co., Ltd to use its name in compliance with the Myanmar Companies Act and to carry out the business mentioned in its Memorandum of Association.

Additional information on the 30% shareholder of Ho Hup (Myanmar) E&C Co., Ltd. - Zaykabar E&C Co. Ltd., a company within Zaykabar Company Limited (“Zaykabar”)’s Group of Companies

Zaykabar is a major Burmese conglomerate with interests in property development, construction, oil & gas and telecommunications. The Group was founded by H.E. Dr. Khin Shwe in 1990 and Zaykabar’s current headquarters is in Yangon.

Some of Zaykabar’s major projects are:

(a) Mingalardon Garden City (Yangon) which includes an industrial zone (Yangon Industrial Zone No. 4), office towers, a shopping mall, 4,000 units of bungalows and a 18-hole golf course called The Royal Mingalardon Golf and Country Club, an international level golf course which hosted the Myanmar Open in 2012 and 2013.

(b) Pyay Garden Condominium, a 25-storey condominium tower in Yangon’s Mayangone Township, the tallest building in Myanmar.

(c) Owns and operates Mya Yeik Nyo Royal Hotel in Yangon.

(d) Zaykabar group was one of few companies to be issued petrol stations operating licenses under the privatization of Myanmar’s petrol market.

H.E. Dr. Khin Shwe is also a Senator and Representative of the National Assembly of the Republic of the Union of Myanmar.


This announcement is dated 2 September 2014.

 

 



HBGLOB - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameHB GLOBAL LIMITED  
Stock Name HBGLOB  
Date Announced2 Sept 2014  
CategoryGeneral Announcement
Reference NoCC-140902-32167

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionHB GLOBAL LIMITED (“HB” or “the Company”)
- Monthly Announcement on Status of Plan to Regularise Condition Pursuant to Practice Note No. 17 of the Main Market Listing Requirements (“PN17”) of Bursa Malaysia Securities Berhad

Reference is made to the Company’s announcement dated 7 May 2013 (“First Announcement”) and announcement made on 1 August 2014.

Pursuant to PN17, the Company, as an affected listed issuer, is required to comply with certain conditions, including to submit a proposed regularization plan by 6 September 2014 to the Securities Commission or Bursa Malaysia Securities Berhad, as the case may be, for their consideration. 

The Board of Directors of the Company wishes to announce that the Company is considering its options in relation to a proposed regularization plan to be submitted in view of the upcoming expiry of time to make such submission. The relevant announcement will be made accordingly.

This announcement is dated 2 September 2014.  

 



BGYEAR - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameBINA GOODYEAR BERHAD  
Stock Name BGYEAR  
Date Announced2 Sept 2014  
CategoryGeneral Announcement
Reference NoCM-140902-53221

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionBINA GOODYEAR BERHAD (“BGB" OR "THE COMPANY")
Monthly Update on the status of the Company’s plan to comply with the obligation to regularise its condition pursuant to Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“PN 17”)

We refer to the announcements made by the Company on 17 December 2013, 20 December 2013, 14 March 2014, 17 March 2014, 14 May 2014, 4 August 2014 and 5 August 2014.

Reference is also made to the announcements by the Company on 28 December 2012, 31 December 2012, 9 January 2013, 15 January 2013, 22 January 2013, 29 January 2013, 22 February 2013, 13 March 2013 and 2 April 2013 in relation to the Proposed Debt Settlement.

Further to the announcement on 4 August 2014, the Board of Directors of BGB (“Board”) wishes to announce that the Board has deliberated and decided not to appeal against Bursa Securities’ rejection of the previously submitted regularisation plan. However, the Board intends to submit to Bursa Securities an appeal against the delisting of the securities of BGB and to request for additional time to submit a new regularisation plan involving the injection of assets which will tantamount to a reverse take-over of BGB, in which a separate announcement has been released on even date.

Please refer to the Company’s announcement in relation to the heads of agreement entered into between BGB and Trinity Group Sdn Bhd to facilitate BGB’s new regularisation plan.

This announcement is dated 2 September 2014.


TGUAN - Important Relevant Dates for Renounceable Rights

Announcement Type: Important Relevant Dates for Renounceable Rights
Company NameTHONG GUAN INDUSTRIES BERHAD  
Stock Name TGUAN  
Date Announced2 Sept 2014  
CategoryImportant Relevant Dates for Renounceable Rights
Reference NoMI-140902-62013

Title / DescriptionTHONG GUAN INDUSTRIES BERHAD (“TGIB” OR THE “COMPANY”)

RIGHTS ISSUE OF ICULS WITH WARRANTS
Despatch Date19/09/2014
Date for commencement of trading of the rights18/09/2014
Date for despatch of abridged prospectus and subscription forms19/09/2014
Date for cessation of trading of the rights25/09/2014
Date for announcement of final subscription result and basis of allotment of excess Rights Securities09/10/2014
Listing date of the Rights Securities15/10/2014

Last date and time forDateTime
Sale of provisional allotment of rights24/09/2014
at
05:00:00 PM
Transfer of provisional allotment of rights29/09/2014
at
04:00:00 PM
Acceptance and payment02/10/2014
at
05:00:00 PM
Excess share application and payment02/10/2014
at
05:00:00 PM

Rights Securities will be listed and quoted as the existing securities of the same class:
No 
To specify the entitlement that the holders of the Rights Securities will not be entitled to (if No):
There are no existing securities of the same class which is listed.

The new TGIB Shares to be issued pursuant to the conversion of the ICULS and the exercise of the Warrants shall, upon allotment and issuance, rank pari passu in all respects with the existing TGIB Shares, save and except that they will not be entitled to any dividend, rights, allotment and/or any other distribution that may be declared, made or paid prior to the allotment date of the said new TGIB Shares. 
Other important dates as the listed issuer may deem appropriate:
 

Remarks :
The last date and time for acceptance and payment for the Rights ICULS application as well as the last date and time for acceptance and payment for the excess Rights ICULS application are as above, or such later date and time as the Board of Directors of TGIB may determine and announce not less than two (2) market days prior to the stipulated date and time.

The date of listing and quotation of the ICULS and Warrants to be issued pursuant to the Rights Issue of ICULS with Warrants, on the Main Market of Bursa Malaysia Securities Berhad will be on 15 October 2014.

This announcement is dated 2 September 2014.


FURNWEB - Changes in Sub. S-hldr's Int. (29B) - CHEAH ENG CHUAN

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameFURNIWEB INDUSTRIAL PRODUCTS BERHAD  
Stock Name FURNWEB  
Date Announced2 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140902-62122

Particulars of substantial Securities Holder

NameCHEAH ENG CHUAN
AddressNO. 3, JALAN BUKIT SEPUTEH 1
TAMAN SEPUTEH HEIGHTS
58000 KUALA LUMPUR
NRIC/Passport No/Company No.470106-07-5243
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.50 EACH ("Shares")
Name & address of registered holderAFFIN NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR CHEAH ENG CHUAN
NO. 1, LINTANG PEKAN BARU
OFF JALAN MERU
41050 KLANG, SELANGOR DARUL EHSAN

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed29/08/2014
14,000,000
0.750 

Circumstances by reason of which change has occurredDisposal of 14,000,000 (%: 9.67) Shares
Nature of interestDirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change7,871,358
Date of notice02/09/2014

Remarks :
The Form 29B dated 2 September 2014 was received by the Company Secretary at the registered office on 2 September 2014.


EURO - Changes in Sub. S-hldr's Int. (29B) - DATO' TONG YUN MONG

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameEURO HOLDINGS BERHAD  
Stock Name EURO  
Date Announced2 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140902-61832

Particulars of substantial Securities Holder

NameDATO' TONG YUN MONG
AddressNO. 12A, JALAN USJ 5/4C,
47610 SUBANG JAYA,
SELANGOR DARUL EHSAN
NRIC/Passport No/Company No.550321-10-5089
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.50 EACH
Name & address of registered holderDATO' TONG YUN MONG
NO. 12A, JALAN USJ 5/4C,
47610 SUBANG JAYA,
SELANGOR DARUL EHSAN

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired02/09/2014
1,500,000
0.440 

Circumstances by reason of which change has occurredACQUISITION OF ORDINARY SHARES BY WAY OF A DIRECT BUSINESS TRANSFER
Nature of interestDIRECT
Direct (units)10,000,000 
Direct (%)12.35 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change10,000,000
Date of notice02/09/2014

Remarks :
Notice was received on 2/9/2014.

c.c. Securities Commission Malaysia


EURO - Changes in Sub. S-hldr's Int. (29B) - DATO' SRI CHOONG YUEN KEONG @ TONG YUEN KEONG

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameEURO HOLDINGS BERHAD  
Stock Name EURO  
Date Announced2 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140902-62816

Particulars of substantial Securities Holder

NameDATO' SRI CHOONG YUEN KEONG @ TONG YUEN KEONG
AddressNO. 18, JALAN ENAK,
OFF JALAN RAMAH, HAPPY GARDEN,
58200 KUALA LUMPUR
WILAYAH PERSEKUTUAN
NRIC/Passport No/Company No.590818-10-6331
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.50 EACH
Name & address of registered holderDATO' SRI CHOONG YUEN KEONG @ TONG YUEN KEONG
NO. 18, JALAN ENAK,
OFF JALAN RAMAH, HAPPY GARDEN,
58200 KUALA LUMPUR
WILAYAH PERSEKUTUAN

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired02/09/2014
1,696,000
0.440 

Circumstances by reason of which change has occurredACQUISITION OF ORDINARY SHARES BY WAY OF A DIRECT BUSINESS TRANSFER
Nature of interestDIRECT
Direct (units)18,606,000 
Direct (%)22.97 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change18,606,000
Date of notice02/09/2014

Remarks :
Notice received on 2/9/2014.

c.c Securities Commission Malaysia


PMETAL - OTHERS PRESS METAL BERHAD (“PMB” OR “COMPANY”) PROPOSED AMENDMENTS TO THE DEED POLL DATED 20 JULY 2011 CONSTITUTING THE WARRANTS 2011/2019 OF THE COMPANY (“PROPOSED AMENDMENTS TO THE DEED POLL”)

Announcement Type: General Announcement
Company NamePRESS METAL BERHAD  
Stock Name PMETAL  
Date Announced2 Sept 2014  
CategoryGeneral Announcement
Reference NoMI-140902-65538

TypeAnnouncement
SubjectOTHERS
DescriptionPRESS METAL BERHAD (“PMB” OR “COMPANY”)

PROPOSED AMENDMENTS TO THE DEED POLL DATED 20 JULY 2011 CONSTITUTING THE WARRANTS 2011/2019 OF THE COMPANY (“PROPOSED AMENDMENTS TO THE DEED POLL”)

On behalf of the Board of Directors of PMB, Maybank Investment Bank Berhad wishes to announce that the Company proposes to undertake the Proposed Amendments To The Deed Poll, details of which are set out in the attachment below.

This Announcement is dated 2 September 2014.



FITTERS - Changes in Sub. S-hldr's Int. (29B) - Dato' Wong Swee Yee

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameFITTERS DIVERSIFIED BERHAD  
Stock Name FITTERS  
Date Announced2 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140902-DAB2F

Particulars of substantial Securities Holder

NameDato' Wong Swee Yee
Address27, Jalan Daya 2
Taman Daya Kepong
52100 Kuala Lumpur
NRIC/Passport No/Company No.570919-10-5161
Nationality/Country of incorporationMalaysian / Chinese
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderKenanga Nominees (Tempatan) Sdn Bhd
-Pledged Securities Account for Wong Swee Yee
8th Floor, Pernas International
Jalan Sultan Ismail
50250 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired29/08/2014
50,000
1.300 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect Interest
Direct (units)95,000,672 
Direct (%)30.711 
Indirect/deemed interest (units)1,589,944 
Indirect/deemed interest (%)0.514 
Total no of securities after change96,590,616
Date of notice29/08/2014

Remarks :
Remarks :
(a) Direct interest in 95,000,672 ordinary shares (30.711%) held under the name of:-

i) Dato’ Wong Swee Yee – 20,119,783 ordinary shares

ii) Alliance Group Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Wong Swee Yee – 34,048,333 ordinary shares

iii) EB Nominees (Tempatan) Sendirian Berhad - Pledged Securities Account for Wong Swee Yee -18,595,840 ordinary shares

iv) RHB Capital Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Wong Swee Yee – 17,986,716 ordinary shares

v) Kenanga Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Wong Swee Yee – 4,250,000 ordinary shares

(b) Indirect interest in 1,589,944 ordinary shares (0.514%) held by:

i) Datin Goh Hooi Yin – 1,531,012 ordinary shares
ii) Wong Swee Seong – 58,932 ordinary shares

This Notice was received by the Company on 2 September 2014.


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