October 23, 2014

Company announcements: SERSOL, XINGHE, EXTOL, MYETFDJ, MYETFID, HLIND, IOIPG, EUPE, PETONE, PWORTH

SERSOL - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameSERSOL BERHAD (ACE Market) 
Stock Name SERSOL  
Date Announced23 Oct 2014  
CategoryGeneral Announcement
Reference NoOS-141023-63762

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionSERSOL BERHAD (“SERSOL” OR “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.10 EACH IN SERSOL, REPRESENTING NOT MORE THAN TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SERSOL (EXCLUDING TREASURY SHARES, IF ANY) (“PROPOSED PRIVATE PLACEMENT”)

We refer to the announcements made on 5 September 2014 and 8 September 2014 in relation to the Proposed Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of the Board, TA Securities wishes to provide additional information to the Announcements. Please refer to the attachment for further details of the announcement.

 

This announcement is dated 23 October 2014.



XINGHE - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameXINGHE HOLDINGS BERHAD (ACE Market) 
Stock Name XINGHE  
Date Announced23 Oct 2014  
CategoryGeneral Announcement
Reference NoCC-141023-B9C99

Regularisation SponsorAmInvestment Bank Bhd
SponsorMercury Securities Sdn Bhd
TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionXINGHE HOLDINGS BERHAD (FKA: KEY WEST GLOBAL TELECOMMUNICATIONS BERHAD) (the “Company”)
Announcement pursuant to Rule 14.08(a) of Bursa Malaysia Securities Berhad's ACE Market Listing Requirements

AmInvestment Bank Berhad and Mercury Securities Sdn Bhd are the joint sponsors to XingHe Holdings Berhad.

We wish to announce that Mr Ng Min Lin, a director of XingHe Holdings Berhad has given notice of his intention to deal in the securities of the Company during the closed period in relation to the pending quarterly announcement for 30 September 2014. His current shareholding in the securities of the Company are as follows:-

Types of Securities

Direct Interest

*Indirect Interest

No. of Shares

% of Holding

No. of Shares

% of Holding

Ordinary Shares of RM0-10 each

21,955,700 

0.93 %

3,437,200

0.15%

 * Deemed interest by virtue of his interest in Elite Lion Sdn. Bhd. pursuant to Section 6A of the Companies Act, 1965




EXTOL - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameEXTOL MSC BERHAD (ACE Market) 
Stock Name EXTOL  
Date Announced23 Oct 2014  
CategoryGeneral Meetings
Reference NoCC-141023-67157

Type of MeetingEGM
IndicatorNotice of Meeting
DescriptionExtraordinary General Meeting
Date of Meeting15/11/2014
Time11:30 AM
VenueThe Ritz Carlton (Carlton Conference Centre), Cobalt 4, 1st Floor, 168, Jalan Imbi, 55100 Kuala Lumpur
Date of General Meeting Record of Depositors10/11/2014

Attachments

Extol.pdf
177 KB



MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25  
Stock Name MYETFDJ  
Date Announced23 Oct 2014  
CategoryGeneral Announcement
Reference NoMD-141023-65653

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 23-10-2014
Fund: MYETFDJ
NAV per unit (RM): 1.1616
Units in Circulation (units): 251,900,000
Manager's Fee (%p.a): 0.40
Trustee's Fee (%p.a): 0.05
License Fee (%p.a): 0.04
DJIM25 Index: 1,021.38

 



MYETFID - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF MSCI MALAYSIA ISLAMIC DIVIDEND  
Stock Name MYETFID  
Date Announced23 Oct 2014  
CategoryGeneral Announcement
Reference NoMM-141023-67260

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF MSCI MALAYSIA ISLAMIC DIVIDEND - Valuation Point as at 23-10-2014
Fund: MYETFID
NAV per unit (RM): 1.0448
Units in Circulation (units): 21,600,000
Manager's Fee (%p.a): 0.40
Trustee's Fee (%p.a): 0.045
License Fee (%p.a): 0.06
MSCI Malaysia IMI Islamic HDY 10/40 Index: 2,381.88

 



HLIND - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameHONG LEONG INDUSTRIES BERHAD  
Stock Name HLIND  
Date Announced23 Oct 2014  
CategoryGeneral Announcement
Reference NoML-141023-64403

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionHONG LEONG INDUSTRIES BERHAD (“HLI” OR “COMPANY”)

I. DISPOSALS
II. CAPITAL DISTRIBUTION

(COLLECTIVELY, THE “CORPORATE EXERCISES”)

We refer to the announcements dated 11 September 2013, 4 September 2014, 30 September 2014 and 16 October 2014 as well as the Circular to Shareholders dated 20 May 2014 (“Circular”) in relation to the Corporate Exercises. Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the Circular.

On behalf of HLI, HLIB wishes to announce that the 345,030,635 Narra Shares distributed to the entitled shareholders of HLI pursuant to the Capital Distribution will be listed and quoted on the Main Market of Bursa Securities on 24 October 2014.

This announcement is dated 23 October 2014.


IOIPG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameIOI PROPERTIES GROUP BERHAD  
Stock Name IOIPG  
Date Announced23 Oct 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIP-141023-CF677

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP
Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
Level 42, Menara Citibank, 165 Jalan Ampang,
50450 Kuala Lumpur
(Disposal of 1,233,300 shares on 17 October 2014. Following the disposal, currently held 277,231,988 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (HDBS)
(There is no change in shareholding. Currently held 7,400,000 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (RHB INV)
(There is no change in shareholding. Currently held 1,000,000 shares.)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed17/10/2014
1,233,300
 

Circumstances by reason of which change has occurredDisposal of equity managed by Portfolio Manager
Nature of interestDirect
Direct (units)285,631,988 
Direct (%)8.82 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change285,631,988
Date of notice20/10/2014

Remarks :
We received the Form 29B of EMPLOYEES PROVIDENT FUND BOARD on 23 October 2014.


EUPE - Quarterly rpt on consolidated results for the financial period ended 31/8/2014

Announcement Type: Financial Results
Company NameEUPE CORPORATION BERHAD  
Stock Name EUPE  
Date Announced23 Oct 2014  
CategoryFinancial Results
Reference NoCK-141023-49327

Financial Year End28/02/2015
Quarter2
Quarterly report for the financial period ended31/08/2014
The figureshave not been audited

Attachments

Q2 2015 Financial Result.pdf
135 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/08/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/08/2014
31/08/2013
31/08/2014
31/08/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
46,669
46,681
93,271
83,381
2Profit/(loss) before tax
4,111
5,331
5,642
8,040
3Profit/(loss) for the period
3,506
4,052
4,321
5,826
4Profit/(loss) attributable to ordinary equity holders of the parent
3,544
4,244
4,275
5,791
5Basic earnings/(loss) per share (Subunit)
2.77
3.32
3.34
4.52
6Proposed/Declared dividend per share (Subunit)
0.00
2.00
0.00
2.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
2.1700
2.1300
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


PETONE - OTHERS PETROL ONE RESOURCES BERHAD (“THE COMPANY” OR “PETONE”) –NOTICE PURSUANT TO SECTION 218 OF THE COMPANIES ACT, 1965

Announcement Type: General Announcement
Company NamePETROL ONE RESOURCES BERHAD  
Stock Name PETONE  
Date Announced23 Oct 2014  
CategoryGeneral Announcement
Reference NoCS-141023-62674

TypeAnnouncement
SubjectOTHERS
DescriptionPETROL ONE RESOURCES BERHAD (“THE COMPANY” OR “PETONE”)
–NOTICE PURSUANT TO SECTION 218 OF THE COMPANIES ACT, 1965

1. Introduction

The Board of Directors of PETONE (“Board”) wishes to announce that the Company had received a notice of demand pursuant to Section 218 of the Companies Act, 1965 (“Act”) dated 20 October 2014 from Messrs. Faidz, Leong & Chong, the solicitors for Silverline Martime Sdn. Bhd. ("Silverline") (“Notice of Demand”), demanding for a payment of RM543,056.09 as at 5 August 2013 owed by Arus Dermaga Sdn. Bhd. ("ADSB"), a wholly-owned subsidiary of Petrol One Holdings Sdn. Bhd., which in turn is the wholly-owned subsidiary of PETONE. 

2. The date of the Notice of Demand served on the Company, its subsidiary or major associated company.


The Notice of Demand was served to PETONE's registered address at Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur on 20 October 2014 by Messrs. Faidz, Leong & Chong, the solicitors acting for Silverline.

3. The particulars of the claim under the Notice of Demand, including the amount claimed for and the interest rate.

 
Silverline claims are made up of the following
:-

(i) the sum of RM543,056.09 as at 5th August 2013; 

(ii) agreed interest at the rate of 8% per annum on the sum of RM538,058.09 from 6th August 2013 until full settlement; and

(iii) cost of RM4,104.00.

In accordance with the Notice of Demand, if PETONE fails to comply with the terms contained in the Notice of Demand within 21 days from the date of service of the Notice of Demand, legal proceedings may be commenced against PETONE pursuant to Section 218 of the Act.

However, the Board wishes to inform that the Scheme of Arrangement duly voted upon and approved at the Court Convened Meeting on 7 July 2014 with the Scheme Creditors (“the Scheme”) pursuant to Section 176 of the Act has been approved by the High Court of Malaya on 15 August 2014 pursuant to Sections 176(3) and 176(4) of the Act (“Court Order”) and Silverline is one of the Scheme Creditors of the Scheme under ADSB.

Therefore, the Scheme shall be valid and binding on the Company as well as its wholly-owned indirect subsidiaries, namely ADSB and One Petroleum (L) Ltd (collectively defined herein as “Companies”) and their scheme creditors until the calling of such meeting with the members of the Companies in which the members may approve the Scheme by majority in number representing three-fourths (3/4) in value of the members or class of members who will be present and voting at the members’ meeting.

Therefore, in view of the Court Order, Silverline is therefore subject to and bound by the Scheme. Hence, Silverline cannot proceed to commence action against PETONE and/or ADSB based on the aforesaid claim if the period of 21 days lapses.

4. The details of the default or circumstances leading to the filing of the Notice of Demand against the Company, its subsidiary or major associated company.

Balance sum owing as at 5 August 2013 amounting to RM543,056.09 in respect of services rendered by Silverline Maritime Sdn Bhd between 1 September 2007 and 7 November 2009 for the vessel “Taurus” (since sold vide a judicial sale in 2013).

5. A confirmation as to whether ADSB is a major subsidiary.

ADSB is a major subsidiary of PETONE.

6.  The cost of investment in ADSB. 

The total cost of investment in ADSB is RM71 million.

7. The financial and operational impact of the Notice of Demand on the Group

Subject to the completion of the Scheme which is part of the Proposed Regularisation Plan of PETONE, there is no financial and operational impact to the Group.

8. The expected losses, if any, arising from the Notice of Demand

The Company is not expected to incur any further loss arising from the Notice of Demand.

9. The steps taken and proposed to be taken in respect of the Notice of Demand

PETONE has given instructions to its solicitors to reply to the solicitors of Silverline in respect of the Notice of Demand to inform them on the approval of the Scheme.

This announcement is dated 23 October 2014.

 



PWORTH - Changes in Director's Interest (S135) - Lim Nyuk Foh

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePRICEWORTH INTERNATIONAL BERHAD  
Stock Name PWORTH  
Date Announced23 Oct 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-141023-54068

Information Compiled By KLSE

Particulars of Director

NameLim Nyuk Foh
AddressHouse No. 56, Taman Tyng
Mile 5, Jalan Labuk
90000 Sandakan, Sabah
Descriptions(Class & nominal value)Ordinary shares of RM0.10 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
20/10/2014
8,500,000
 
Acquired
20/10/2014
3,000,000
 

Circumstances by reason of which change has occurredAcquired from open market
Nature of interestHolder
Consideration (if any) 

Total no of securities after change

Direct (units)48,341,511 
Direct (%)11.78 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice23/10/2014


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