October 16, 2014

Company announcements: PDZ, PETONE, PERDANA, CENTURY, WCT, LSTEEL

PDZ - Changes in Director's Interest (S135) - Aminuddin Yusof Lana

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePDZ HOLDINGS BHD  
Stock Name PDZ  
Date Announced16 Oct 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-141016-66041

Information Compiled By KLSE

Particulars of Director

NameAminuddin Yusof Lana
AddressNo. 32, Jalan 14/47
46100 Petaling Jaya
Selangor Darul Ehsan
Descriptions(Class & nominal value)Ordinary Share of RM0.10 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
10/10/2014
1,500,000
0.280 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)1,500,000 
Direct (%)0.001 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice10/10/2014

Remarks :
cc : Securities Commision Malaysia


PETONE - OTHERS PETROL ONE RESOURCES BERHAD (“THE COMPANY” OR “PETONE”) –WRIT OF SUMMONS (“WRIT OF SUMMONS”) AND STATEMENT OF CLAIM (“CLAIM”) FILED BY RHB INVESTMENT BANK BERHAD (“THE PLAINTIFF”) AGAINST ARUS DERMAGA SDN BHD (“ADSB” OR “1ST DEFENDANT”), A WHOLLY-OWNED SUBSIDIARY OF PETROL ONE HOLDINGS SDN. BHD., WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF PETONE, AHMAD AKMAL BIN HAMZAH (“2ND DEFENDANT”), LIM KIAN BOON (“3RD DEFENDANT”) AND PETONE (4TH DEFENDANT”) (1ST DEFENDANT, 2ND DEFENDANT, 3RD DEFENDANT AND 4TH DEFENDANT SHALL HEREINAFTER COLLECTIVELY REFERRED TO AS “THE DEFENDANTS”) – KUALA LUMPUR HIGH COURT CIVIL SUIT NO. 22NCC-1577-10/2012 (“HIGH COURT”)

Announcement Type: General Announcement
Company NamePETROL ONE RESOURCES BERHAD  
Stock Name PETONE  
Date Announced16 Oct 2014  
CategoryGeneral Announcement
Reference NoCS-141016-67441

TypeAnnouncement
SubjectOTHERS
DescriptionPETROL ONE RESOURCES BERHAD (“THE COMPANY” OR “PETONE”)
–WRIT OF SUMMONS (“WRIT OF SUMMONS”) AND STATEMENT OF CLAIM (“CLAIM”) FILED BY RHB INVESTMENT BANK BERHAD (“THE PLAINTIFF”) AGAINST ARUS DERMAGA SDN BHD (“ADSB” OR “1ST DEFENDANT”), A WHOLLY-OWNED SUBSIDIARY OF PETROL ONE HOLDINGS SDN. BHD., WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF PETONE, AHMAD AKMAL BIN HAMZAH (“2ND DEFENDANT”), LIM KIAN BOON (“3RD DEFENDANT”) AND PETONE (4TH DEFENDANT”) (1ST DEFENDANT, 2ND DEFENDANT, 3RD DEFENDANT AND 4TH DEFENDANT SHALL HEREINAFTER COLLECTIVELY REFERRED TO AS “THE DEFENDANTS”) – KUALA LUMPUR HIGH COURT CIVIL SUIT NO. 22NCC-1577-10/2012 (“HIGH COURT”)

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the previous announcements in relation to the Writ of Summons and Claim, the announcement dated 27 August 2013 in relation to the Settlement Arrangement and the announcement dated 26 December 2013 in relation to the execution of the DSA.

Further to the announcements dated 27 August 2013, 29 August 2013, 20 September 2013, 26 December 2013 and 21 March 2014, the Board of PETONE wishes to announce that PETONE had on 14 October 2014 via its adviser, received a letter from RHB Bank dated 13 October 2014 in respect of the Variation to be made to the DSA (“RHB Letter”). The Company had on 16 October 2014, provided its written acceptance of the terms and conditions stipulated in the RHB Letter.

The salient terms and conditions of the RHB Letter include amongst others, the following:

(1) the full and final settlement of RM6.50 million for the total debt owing by PETONE and ADSB to RHB Bank and RHB Labuan (“RHB Settlement”) is comprising of:

(a) RM3.46 million cash settlement by the Company upon execution of a supplementary settlement agreement (“SSA”), which shall be executed within thirty (30) days from the date of the RHB Letter, i.e. on or before 12 November 2014; and

(b) RM3.04 million via the sale/transfer of third party pledged shares of PETONE (“Pledged Shares”) (“Disposal of Pledged Shares”) by RHB Bank;

(2) The personal guarantors of ADSB will continue to be liable for the remaining outstanding balances under the consent judgement dated 20 September 2013 (“Consent Judgement”) after the RM6.50 million settlement and provide RHB Investment with consent letters supplementing and agreeing to the said SSA prior to the execution of the SSA;

(3) PETONE and/or ADSB shall bear all actual legal cost in relation to the preparation of the SSA.

Upon execution of the SSA, receipt of the RM3.46 million and completion of the Disposal of Pledged Shares, RHB Investment will:

(a) discharge and release PETONE from the Bridging Loan Facility;

(b) discharge PETONE as a corporate guarantor for ADSB;

(c) discharge and release ADSB from its Term Loan Facility;

(d) discharge all the ADSB shares pledged by ADSB for its Term Loan Facility; and

(e) discharge all the remaining Pledged Shares not part of the Disposal of Pledged Shares.

The Consent Judgement will remain subsisting and enforceable until and unless the entire settlement process is completed.

In the event any part of the SSA is not complied and/or the SSA is not executed within thirty (30) days from the date of the RHB Letter, RHB Investment will fall back on the Consent Judgement to proceed with legal action to recover the remaining amount owing by PETONE and ADSB.

The completion of the RHB Settlement is expected to reduce gearing, as well as increase the net assets per share of the Group as a result of the waiver of debt by RHB Bank and RHB Investment. The RHB Settlement will not have any operational impact on PETONE and its subsidiaries.

Further developments of the above matter as well as the execution of the SSA will be announced on Bursa Malaysia Securities Berhad in due course.

This announcement is dated 16 October 2014.



PERDANA - Changes in Sub. S-hldr's Int. (29B) - Dayang Enterprise Holding Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePERDANA PETROLEUM BERHAD  
Stock Name PERDANA  
Date Announced16 Oct 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-141016-1D8AF

Particulars of substantial Securities Holder

NameDayang Enterprise Holding Berhad
AddressSublot-5-10, Lot 46, Block 10
Jalan Taman Raja, MCLD,
98000 Miri Sarawak
NRIC/Passport No/Company No.712243-U
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderDayang Enterprise Holdings Bhd
Sublot-5-10, Lot 46, Block 10
Jalan Taman Raja
98000 Miri Sarawak

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired13/10/2014
3,342,500
 
Acquired14/10/2014
4,000,000
 

Circumstances by reason of which change has occurredPurchased
Nature of interestDirect
Direct (units)188,240,280 
Direct (%)25.49 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change188,240,280
Date of notice16/10/2014

Remarks :
The Form 29B was received by the Company on 16 October 2014.


PERDANA - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Haji

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePERDANA PETROLEUM BERHAD  
Stock Name PERDANA  
Date Announced16 Oct 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-141016-7D2BD

Particulars of substantial Securities Holder

NameLembaga Tabung Haji
Address201, Jalan Tun Razak,
Peti Surat 11025,
50732 Kuala Lumpur
NRIC/Passport No/Company No.ACT 5351995
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)Ordinary shares of RM 0.50 each
Name & address of registered holderLembaga Tabung Haji
201, Jalan Tun Razak,
Peti Surat 11025,
50732 Kuala Lumpur

AmIslamic FUND MANAGEMENT SDN BHD
Level 10, Bangunan AmBank Group
55 Jalan Raja Chulan, 50200 Kuala Lumpur

Asian Islamic Investment Management Sdn Bhd
Suite 10-03, 10th Floor, Menara Keck Seng
203, Jalan Bukit Bintang
55100, Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed13/10/2014
469,000
 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDirect and Indirect
Direct (units)62,224,400 
Direct (%)8.43 
Indirect/deemed interest (units)1,091,000 
Indirect/deemed interest (%)0.15 
Total no of securities after change63,315,400
Date of notice14/10/2014

Remarks :
The Form 29B was received by the company on 16 October 2014.


CENTURY - Changes in Director's Interest (S135) - Datuk Phua Sin Mo

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameCENTURY LOGISTICS HOLDINGS BERHAD  
Stock Name CENTURY  
Date Announced16 Oct 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-141016-64759

Information Compiled By KLSE

Particulars of Director

NameDatuk Phua Sin Mo
AddressNo. 5, Jalan OPU Daeng Merewah Satu 9/3A, Seksyen 9,
40100 Shah Alam, Selangor Darul Ehsan
Descriptions(Class & nominal value)Ordinary Shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
15/10/2014
98,300
0.670 
Acquired
16/10/2014
146,700
0.661 

Circumstances by reason of which change has occurredAcquisition of 245,000 ordinary shares by Datin Lee Lay Hun, spouse of Datuk Phua Sin Mo via open-market.
Nature of interestIndirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)70,223,490 
Direct (%)19.18 
Indirect/deemed interest (units)27,347,540 
Indirect/deemed interest (%)7.47 
Date of notice16/10/2014

Remarks :
The direct and indirect interests (in terms of number of shares) of Datuk Phua Sin Mo further to the transaction are as follows:-

Direct Interest
- Datuk Phua Sin Mo :70,223,490

Indirect Interest
- Datin Lee Lay Hun: 26,000,000
- Pamela Phua Jo Lyn: 1,347,540

Total (indirect):27,347,540

The acquisition of 245,000 represents 0.067% of the total issued and paid-up share capital of the Company.


WCT - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced16 Oct 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoWW-141016-313A9

Date of buy back16/10/2014
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)500,000
Minimum price paid for each share purchased ($$)2.020
Maximum price paid for each share purchased ($$)2.020
Total consideration paid ($$)1,011,513.00
Number of shares purchased retained in treasury (units)500,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)2,655,270
Adjusted issued capital after cancellation
(no. of shares) (units)
 
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.243


LSTEEL - OTHERS Leader Steel Holdings Berhad Strike Off of subsidiary – Leader Steel Asia Sdn Bhd

Announcement Type: General Announcement
Company NameLEADER STEEL HOLDINGS BERHAD  
Stock Name LSTEEL  
Date Announced16 Oct 2014  
CategoryGeneral Announcement
Reference NoCC-141016-2BAE1

TypeAnnouncement
SubjectOTHERS
DescriptionLeader Steel Holdings Berhad
Strike Off of subsidiary – Leader Steel Asia Sdn Bhd

Further to the announcement made on 31 December 2012, the Board wishes to inform that Leader Steel Asia Sdn Bhd (Company No. 405625-V) (“LSAsia”), a wholly owned subsidiary of the Company, is dissolved following the publication of the notice of striking off pursuant to Section 308(4) of the Companies Act, 1965 dated 20 June 2014 which was received by LSAsia on 15 October 2014.

This announcement is dated 16 October 2014.



No comments:

Post a Comment