October 21, 2014

Company announcements: IJM, COMPLET, TAMBUN, IJMLAND, ICON, TROP

IJM - OTHERS IJM CORPORATION BERHAD (“IJM”) - DISCLOSURE OF DEALINGS IN ACCORDANCE WITH SECTION 33 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010

Announcement Type: General Announcement
Company NameIJM CORPORATION BERHAD  
Stock Name IJM  
Date Announced21 Oct 2014  
CategoryGeneral Announcement
Reference NoMI-141021-41422

TypeAnnouncement
SubjectOTHERS
DescriptionIJM CORPORATION BERHAD (“IJM”)
- DISCLOSURE OF DEALINGS IN ACCORDANCE WITH SECTION 33 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010

We refer to the announcements dated 9 June 2014 and 12 June 2014 in respect of the proposed privatisation of IJM Land Berhad (“IJM Land”) by IJM to be undertaken by way of a members’ scheme of arrangement pursuant to Section 176 of the Companies Act, 1965.

On behalf of IJM, Maybank Investment Bank Berhad wishes to announce the following dealings in the ordinary shares of RM1.00 each in IJM Land (“IJM Land Shares”):

Name

Transaction date

No. of IJM Land Shares

Description of the transaction

Transaction price*

Acquired

Disposed

Citigroup Nominees (Tempatan) Sdn Bhd

Employees Provident Fund Board (Nomura)

20 October 2014

-

315,200

Disposed

3.1582

*RM per IJM Land Share, excluding brokerage and other incidental costs.

This announcement is dated 21 October 2014.



COMPLET - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameCOMPLETE LOGISTIC SERVICES BERHAD  
Stock Name COMPLET  
Date Announced21 Oct 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoCL-141021-39013

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalExercise of Options
No. of shares issued under this corporate proposal6,000
Issue price per share ($$)MYR 0.620
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units120,912,230
CurrencyMYR 60,456,115.000
Listing Date23/10/2014


TAMBUN - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameTAMBUN INDAH LAND BERHAD  
Stock Name TAMBUN  
Date Announced21 Oct 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoCC-141015-7D2E2

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalExercised of ESOS
No. of shares issued under this corporate proposal2,000
Issue price per share ($$)MYR 0.650
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units412,121,115
CurrencyMYR 206,060,557.500
Listing Date23/10/2014


IJMLAND - OTHERS IJM LAND BERHAD (“IJM LAND” OR THE “COMPANY”) DISCLOSURE OF DEALINGS IN ACCORDANCE WITH SECTION 39 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010

Announcement Type: General Announcement
Company NameIJM LAND BERHAD  
Stock Name IJMLAND  
Date Announced21 Oct 2014  
CategoryGeneral Announcement
Reference NoMB-141021-43337

TypeAnnouncement
SubjectOTHERS
DescriptionIJM LAND BERHAD (“IJM LAND” OR THE “COMPANY”)

DISCLOSURE OF DEALINGS IN ACCORDANCE WITH SECTION 39 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010

We refer to the announcements dated 9 June 2014 and 12 June 2014 in respect of the proposed privatization of IJM Land to be undertaken by way of a members’ scheme of arrangement pursuant to Section 176 of the Companies Act, 1965.

On behalf of IJM Land, AmInvestment Bank Berhad wishes to announce the following dealings in the ordinary shares of RM1.00 each in IJM Corporation Berhad (“IJM”) (“IJM Shares”) and IJM Warrants 2009/2014 (“IJM Warrants”).

No. of IJM Shares/ Warrants

Name

Date

Acquired

Exercised

Description of the transaction

Transaction Price*

Dato’ Soam Heng Choon

21/10/2014

-

2,100 Warrants

Exercise of warrants

RM4.00#

Dato’ Soam Heng Choon

21/10/2014

2,100 Shares

-

Conversion to shares

RM4.00#

* RM per IJM/IJM Land Share, excluding brokerage and other incidental costs.

# Conversion of warrants to shares

This announcement is dated 21 October 2014.



ICON - OTHERS LONG TERM CHARTER CONTRACT

Announcement Type: General Announcement
Company NameICON OFFSHORE BERHAD  
Stock Name ICON  
Date Announced21 Oct 2014  
CategoryGeneral Announcement
Reference NoIO-141021-37538

TypeAnnouncement
SubjectOTHERS
DescriptionLONG TERM CHARTER CONTRACT

INTRODUCTION

 

Our Board of Directors (“Board”) is pleased to announce that Icon Offshore Group Sdn Bhd, our wholly owned subsidiary, has recently been awarded a contract from Talisman Malaysia Limited for the provision of one (1) anchor handling/tug/supply vessel (the “Contract”) which was duly accepted by the subsidiary company.

 

 

DETAILS OF THE CONTRACT

 

The Contract is for a firm period of two (2) years with an option to extend the hire by a further one (1) year. The Contract commenced in September 2014.

 

 

FINANCIAL EFFECTS

 

The Contract, valued at approximately RM63.5 million, inclusive of the option period, is expected to contribute positively to the earnings and net assets of ICON for the financial year ending 31 December 2014 and beyond.

 

The Contract is not expected to have any effect on the share capital and shareholding structure of ICON.

 

RISKS ASSOCIATED WITH THE CONTRACT

Barring any unforeseen circumstances, there are no significant risk factors associated with the Contract apart from the operational, credit and sovereign business risks inherent in the industry.

 

 

DIRECTORS' AND SHAREHOLDERS' INTEREST

 

None of the Directors, major shareholders of ICON and/or persons connected with the Directors or its major shareholders has any interest, direct or indirect in the Contract.

 

 

DIRECTORS' STATEMENT

 

Our Board is of the opinion that the acceptance of the Contract is in the best interest of the Company.

 

 

The announcement is dated 21 October 2014.



TROP - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameTROPICANA CORPORATION BERHAD  
Stock Name TROP  
Date Announced21 Oct 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoTC-141021-6A126

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalEmployee Share Option Scheme
No. of shares issued under this corporate proposal132,300
Issue price per share ($$)MYR 1.000
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units1,392,872,338
CurrencyMYR 1,392,872,338.000
Listing Date23/10/2014


No comments:

Post a Comment