PETGAS - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD
| Company Name | PETRONAS GAS BERHAD |
| Stock Name | PETGAS |
| Date Announced | 28 Oct 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | PG-141028-808CF |
Particulars of substantial Securities Holder
| Name | EMPLOYEES PROVIDENT FUND BOARD |
| Address | Tingkat 19, Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Share of RM1.00/share |
| Name & address of registered holder | CITIGROUP NOMINEES (TEMPATAN) SDN BHD Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 23/10/2014 | 424,800 |
| Remarks : |
| The direct interest of 241,274,600 shares comprising: a) 232,239,900 shares held by Citigroup Nominees(Tempatan) Sdn. Bhd; b) 1,497,600 shares held EPF Board; c) 155,500 shares held by Employees Provident Fund Board (KIB); d) 129,200 shares held by Employees Provident Fund Board (RHB INV); e) 1,022,100 shares held by Employees Provident Fund Board (AM INV); f) 5,805,300 shares held by Employees Provident Fund Board (NOMURA); g) 0 shares held by Employees Provident Fund Board (CIMB PRI); h) 425,000 shares held by Employees Provident Fund Board (ARIM); Received Form 29B on 28 October 2014 |
MPCORP - PRACTICE NOTE 1 / GUIDANCE NOTE 5:MONTHLY ANNOUNCEMENT
| Company Name | MALAYSIA PACIFIC CORPORATION BERHAD |
| Stock Name | MPCORP |
| Date Announced | 28 Oct 2014 |
| Category | General Announcement |
| Reference No | CC-141028-3BB1A |
| Type | Announcement |
| Subject | PRACTICE NOTE 1 / GUIDANCE NOTE 5 MONTHLY ANNOUNCEMENT |
| Description | MALAYSIA PACIFIC CORPORATION BERHAD (“MPCORP” OR “COMPANY”) - MONTHLY ANNOUNCEMENT ON THE STATUS OF DEFAULT IN PAYMENT PURSUANT TO PRACTICE NOTE 1 (“PN1”) OF THE MAIN MARKET LISTING REQUIREMENTS (“MMLR”) OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) |
We refer to the announcements made on 12 March 2013, 11 April 2013, 13 May 2013, 12 June 2013, 11 July 2013, 12 August 2013, 11 September 2013, 11 October 2013, 31 October 2013, 29 November 2013, 30 December 2013, 29 January 2014, 28 February 2014, 28 March 2014, 30 April 2014, 30 May 2014, 30 June 2014, 31 July 2014, 29 August 2014 and 30 September 2014 pertaining to default in payment to PN1 of MMLR of Bursa Securities (“Default”). The terms herein shall bear the same meaning as defined in the said announcements. The Board of Directors of the Company is pleased to announce that on 27 October 2014 , the Company has accepted the offer from RHB Bank Berhad (“RHB”) to restructure the following banking facilities into term loans: (a) Overdraft Facility of RM10,000,000.00 (“OD I”) (b) Overdraft Facility of RM33,400,000.00 (“OD II”) (c) Revolving Credit of RM25,704,110.94 (“RC”). The existing banking facilities are secured by the following existing legal charges: (a) The OD I Facility is secured, inter alia, by the first party first legal charge under the provisions of the National Land Code, 1965 over all that piece of land held under Geran 9980, Lot 1203, Sek 57, Bandar Kuala Lumpur, District of Wilayah Persekutuan (hereinafter referred to as “the Said Land”) in favour of RHB registered on 18th October 1996 vide Presentation No. 17565/96 to secure the repayment of principle sum of Ringgit Malaysia Ten Million (RM10,000,000) together with interest and other charges payable thereunder (hereinafter referred to as “the Existing 1st Legal Charge”). (b) The RC Facility is secured, inter alia, by the first party second legal charge under the provisions of the National Land Code, 1965 over the Said Land in favour of RHB registered on 26th November 1998 vide Presentation No. 14858/98 to secure the repayment of principle sum of Ringgit Malaysia Thirty Million (RM30,000,000) together with interest and other charges payable thereunder (hereinafter referred to as “the Existing 2nd Legal Charge”). (c) The OD II Facility is secured, inter alia, by the first party third legal charge under the provisions of the National Land Code, 1965 over the Said Land in favour of RHB registered on 6th July 2001 vide Presentation No. 11693/2001 to secure the repayment of principle sum of Ringgit Malaysia Thirty Two Million and Five Hundred Thousand (RM32,500,000) together with interest and other charges payable thereunder (hereinafter referred to as “the Existing 3rd Legal Charge”). The terms and conditions as stipulated in the RHB’s Letter of Offer are as follows:- i. the outstanding sum due and owing under the OD I Facility in an amount not exceeding RM10,000,000.00 (Ringgit Malaysia Ten Million) as at the conversion date shall be structured into Term Loan I; ii. the outstanding sum due and owing under the RC Facility in an amount not exceeding RM39,500,000.00 (Ringgit Malaysia Thirty-Nine Million and Five Hundred Thousand) as at the conversion date shall be structured into Term Loan II; and iii. the outstanding sum due and owing under the OD II Facility in an amount not exceeding RM53,800,000.00 (Ringgit Malaysia Fifty-Three Million and Eight Hundred Thousand) as at the conversion date shall be structured into Term Loan III (collectively referred to as “Term Loans”). The outstanding limits of the Term Loans shall be repaid/reduced in the following manner:- i. an amount of RM5.0 million cash shall be paid on 31 January 2015 towards the repayment/reduction of the converted outstanding limits of the Term Loans; ii. a minimum amount of RM10.0 million (with a maximum of up to RM20.0 million) shall be paid no later than 31 March 2015; and iii. an amount of RM25.0 million cash shall be paid on or before 31 January 2016 towards the reduction of the principal sum of the Term Loans; and iv. the balance converted sums under each of the Term Loans (together with all interests payable) shall be fully repaid via bullet repayments on or before 31 August 2017. The Term Loans shall be secured by all the existing Loan/Facility Agreements and Security Documents which shall be and continue to be binding and enforceable and fresh security to secure the Terms Loans as follows:- i. the outstanding amount due and owing under the OD I Facility and converted into Term Loan I, which is presently secured by the Existing 1st Legal Charge and further interest chargeable thereon shall be and continue to be secured by the Existing 1st Legal Charge; ii. the outstanding amount due and owing under the RC Facility and converted into Term Loan II, which is presently secured by the Existing 2nd Legal Charge and further interest chargeable thereon shall be and continue to be secured by the Existing 2nd Legal Charge; iii. the outstanding amount due and owing under the OD II Facility and converted into Term Loan III, which is presently secured by the Existing 3rd Legal Charge and further interest chargeable thereon shall be and continue to be secured by the Existing 3rd Legal Charge; iv. the repayment of the principal sum of RM5.0 million referred to in paragraph 2(i) above to be secured by a fixed deposit of RM5.0 million to be held under-lien shall be pledged with the Bank and upon such terms and conditions as the Bank shall deem appropriate; and v. the repayment of the aggregate outstanding amounts converted into the Term Loans (up to the limit of RM103,300,000.00) and all interest and other monies and charges payable thereon to be secured by a fresh specific deed of debenture shall be created over all the Company’s rights, interests and titles in and to Wisma MPL and the Master Title(s) (excluding all units/parcels which have been sold and redeemed). Further announcement will be made of any material development and changes as and when appropriate. This announcement is dated 28 October 2014. | |
MPCORP - OTHERS MALAYSIA PACIFIC CORPORATION BERHAD - Delay in Submission of Audited Financial Statements for the Financial Year Ended 30 June 2014
| Company Name | MALAYSIA PACIFIC CORPORATION BERHAD |
| Stock Name | MPCORP |
| Date Announced | 28 Oct 2014 |
| Category | General Announcement |
| Reference No | CC-141028-7535D |
| Type | Announcement |
| Subject | OTHERS |
| Description | MALAYSIA PACIFIC CORPORATION BERHAD - Delay in Submission of Audited Financial Statements for the Financial Year Ended 30 June 2014 |
Pursuant to Paragraph 9.23(2) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR”), Malaysia Pacific Corporation Berhad (“MPCB” or “the Company”) is required to furnish its annual audited financial statements for the financial year ended 30 June 2014 together with the auditors’ and directors’ reports (“AFS 2014”) to Bursa Malaysia Securities Berhad (“Bursa Securities”) for public release within a period not exceeding four (4) months from the close of the financial year (“Relevant Timeframe”) which falls on 31 October 2014. The Board of Directors of MPCB wishes to announce that the issuance of AFS 2014 will be delayed as the audit is currently still in progress and the Company wishes to provide more time for the external auditors to complete the AFS 2014. The Company is working with the external auditors to finalise the audit expeditiously. The Company expects to submit its AFS 2014 on or before 7 November 2014. Pursuant to Paragraph 9.28(5) of the MMLR, if the Company fails to issue the outstanding AFS 2014 within five (5) market days after the expiry of the Relevant Timeframes (the last day of this five (5) market day period is referred to as “Suspension Deadline”), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend trading in the securities of the Company. The suspension shall be effected on the next market day after the Suspension Deadline and will be lifted on the market day following the issuance of the outstanding AFS 2014 unless otherwise determined by Bursa Securities. Pursuant to Paragraph 9.28(6) of the MMLR, if the Company fails to issue the outstanding AFS 2014 within six (6) months from the expiry of the Relevant Timeframes, in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall commence de-listing procedures against the Company. This announcement is dated 28 October 2014. | |
PETONE - OTHERS PETROL ONE RESOURCES BERHAD ("THE COMPANY" OR "PETONE") - PROPOSED RENEWAL OF EXISTING SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (THE "PROPOSAL")
| Company Name | PETROL ONE RESOURCES BERHAD |
| Stock Name | PETONE |
| Date Announced | 28 Oct 2014 |
| Category | General Announcement |
| Reference No | CS-141028-57009 |
| Type | Announcement |
| Subject | OTHERS |
| Description | PETROL ONE RESOURCES BERHAD ("THE COMPANY" OR "PETONE") - PROPOSED RENEWAL OF EXISTING SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (THE "PROPOSAL") |
The Board of Directors of PETONE wishes to announce that the Company proposes to seek shareholders' approval for the Proposal at the forthcoming Nineteenth Annual General Meeting to be convened at a date to be notified later. A Circular setting out the details pertaining to the Proposal will be despatched to shareholders in due course. This announcement is dated 28 October 2014. | |
PLB - OTHERS PLB Engineering Berhad ("PLB" or "the Company") Reason for variation on the rate of the first and final single tier dividend declared compared to previous financial year
| Company Name | PLB ENGINEERING BERHAD |
| Stock Name | PLB |
| Date Announced | 28 Oct 2014 |
| Category | General Announcement |
| Reference No | CC-141028-60552 |
| Type | Announcement |
| Subject | OTHERS |
| Description | PLB Engineering Berhad ("PLB" or "the Company") Reason for variation on the rate of the first and final single tier dividend declared compared to previous financial year |
The proposed first and final single tier dividend of 10% per ordinary share of RM1.00 each for the financial year ended 31 August 2014 to be approved by shareholders at the forthcoming general meeting are higher than the rate of the first and final dividend declared for the financial year ended 31 August 2013. The higher dividend declared is due to the encouraging financial position of the Group. This announcement is dated 28 October 2014. | |
PLB - OTHERS Outstanding Related Party Receivables
| Company Name | PLB ENGINEERING BERHAD |
| Stock Name | PLB |
| Date Announced | 28 Oct 2014 |
| Category | General Announcement |
| Reference No | CC-141028-7A69C |
| Type | Announcement |
| Subject | OTHERS |
| Description | Outstanding Related Party Receivables |
This quarterly announcement is made pursuant to directive from Bursa Malaysia Securities Berhad (“Bursa Securities”) dated 21 May 2010 in relation to the outstanding Related Party Receivables (as defined thereon) of the Company. Please refer to the attachment for further details on the outstanding Related Party Receivables. This announcement is dated 28 October 2014.
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WZSATU - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD
| Company Name | WZ SATU BERHAD |
| Stock Name | WZSATU |
| Date Announced | 28 Oct 2014 |
| Category | General Announcement |
| Reference No | CS-141028-62273 |
| Type | Announcement | ||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD | ||||||||||||||
| Description | Pursuant to Chapter 14.08(a) of Bursa Malaysia's Main Market Listing Requirements on Dealing in Securities, the Company wishes to inform that Dato' Yeong Kok Hee, a director of the Company had transacted in securities of WZ Satu during closed period, as set out in the table below. | ||||||||||||||
Direct Interest
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WZSATU - Changes in Director's Interest (S135) - Dato' Yeong Kok Hee
| Company Name | WZ SATU BERHAD |
| Stock Name | WZSATU |
| Date Announced | 28 Oct 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CS-141028-61983 |
Information Compiled By KLSE
Particulars of Director
| Name | Dato' Yeong Kok Hee |
| Address | 3 Jalan Tiara, Bukit Tiara Taman Billion, Cheras 56100 Kuala Lumpur |
| 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 | 30,000 | 2.570 |
| Circumstances by reason of which change has occurred | Acquisition |
| Nature of interest | Direct Interest |
| Consideration (if any) | RM77,100.00 |
Total no of securities after change | |
| Direct (units) | 535,000 |
| Direct (%) | 0.235 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 28/10/2014 |
WZSATU - Change in Audit Committee
| Company Name | WZ SATU BERHAD |
| Stock Name | WZSATU |
| Date Announced | 28 Oct 2014 |
| Category | Change in Audit Committee |
| Reference No | CS-141024-56338 |
| Date of change | 28/10/2014 |
| Name | Rosli bin Shafiei |
| Age | 62 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Member of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Graduated with Advanced Diploma in Accountancy (equivalent to Degree in Accountancy) from MARA Institute of Technology. Member of the Malaysian Institute of Accountants |
| Working experience and occupation | Encik Rosli bin Shafiei ("En. Rosli") has wide experience and exposure in the construction sector, being involved in various types of projects while holding key positions namely as Accountant, General Manager of Finance and Chief Financial Officer/Director of Corporate Services of the following companies which are involved in infrastructure/building construction, offshore construction and installation and oil and gas related services:- 1989 - 1998 : PATI Sdn. Bhd. 1998 - 2002 : Crest Petroleum Bhd (later known as Sapura Crest Petroleum Bhd.) 2003 - 2007 : UEM Builders Berhad Prior to the establishment of UEM Builders Berhad, En. Rosli had assumed the position of Chief Operating Officer and Director of PATI Sdn. Bhd. He was responsible in overseeing the operations of the company, its subsidiary and associated companies which are involved in construction related business operations only, quarrying and supply of construction materials. En. Rosli also had experience in housing loan administration, internal audit and insurance broking while serving as Branch Manager, Assistant Manager Internal Audit, Credit Manager and Chief Financial Officer of the following financial institutions and finance services related companies:- 1971 - 1983 : Malaysia Building Society Bhd. 1983 - 1986 : SPK Bowring Marsh McLennan Sdn. Bhd. 2011 - 2013 : Willis (Malaysia) Sdn. Bhd. He had exposure in blending and distribution of lubricants and transformer oil, petrol and diesel retailing network under the brand name of FINA, while serving as Accountant of Petmal Sdn. Bhd./Petfina Sdn. Bhd. from 1987 to 1989. |
| Directorship of public companies (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Composition of Audit Committee (Name and Directorate of members after change) | Dato’ Siow Kim Lun (Chairman, Independent Non-Executive Director) Dato’ Yeong Kok Hee (Member, Independent Non-Executive Director) Encik Rosli bin Shafiei (Member, Independent Non-Executive Director) |
WZSATU - Change in Boardroom
| Company Name | WZ SATU BERHAD |
| Stock Name | WZSATU |
| Date Announced | 28 Oct 2014 |
| Category | Change in Boardroom |
| Reference No | CS-141024-55225 |
| Date of change | 28/10/2014 |
| Name | Rosli bin Shafiei |
| Age | 62 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Director |
| Directorate | Independent & Non Executive |
| Qualifications | Graduated with Advanced Diploma in Accountancy (equivalent to Degree in Accountancy) from MARA Institute of Technology. Member of the Malaysian Institute of Accountants |
| Working experience and occupation | Encik Rosli bin Shafiei ("En. Rosli") has wide experience and exposure in the construction sector, being involved in various types of projects while holding key positions namely as Accountant, General Manager of Finance and Chief Financial Officer/Director of Corporate Services of the following companies which are involved in infrastructure/building construction, offshore construction and installation and oil and gas related services:- 1989 - 1998 : PATI Sdn. Bhd. 1998 - 2002 : Crest Petroleum Bhd (later known as Sapura Crest Petroleum Bhd.) 2003 - 2007 : UEM Builders Berhad Prior to the establishment of UEM Builders Berhad, En. Rosli had assumed the position of Chief Operating Officer and Director of PATI Sdn. Bhd. He was responsible in overseeing the operations of the company, its subsidiary and associated companies which are involved in construction related business operations only, quarrying and supply of construction materials. En. Rosli also had experience in housing loan administration, internal audit and insurance broking while serving as Branch Manager, Assistant Manager Internal Audit, Credit Manager and Chief Financial Officer of the following financial institutions and finance services related companies:- 1971 - 1983 : Malaysia Building Society Bhd. 1983 - 1986 : SPK Bowring Marsh McLennan Sdn. Bhd. 2011 - 2013 : Willis (Malaysia) Sdn. Bhd. He had exposure in blending and distribution of lubricants and transformer oil, petrol and diesel retailing network under the brand name of FINA, while serving as Accountant of Petmal Sdn. Bhd./Petfina Sdn. Bhd. from 1987 to 1989. |
| Directorship of public companies (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
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