SIGGAS - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
Company Name | SIG GASES BERHAD |
Stock Name | SIGGAS |
Date Announced | 20 Oct 2014 |
Category | General Announcement |
Reference No | MI-141020-66252 |
Type | Announcement | ||||||||||||||||||||||||||
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING | ||||||||||||||||||||||||||
Description | SIG GASES BERHAD (“SIG” OR THE “COMPANY”) PROPOSED TWO-CALL RIGHTS ISSUE | ||||||||||||||||||||||||||
We refer to the announcement dated 5 September 2014 in relation to the Proposed Two-Call Rights Issue (“Announcement”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcement. On behalf of the Board of Directors of SIG (“Board”), Kenanga Investment Bank Berhad
(“KIBB”) is pleased to announce that
the Board has resolved that the Second Call be wholly capitalised from the retained
earnings reserve of SIG (instead of from the share premium reserve) as detailed
below:-
Notes: (a) Being the net interim dividends received from the
subsidiary company, Southern Industrial Gas Sdn Bhd, comprising:-
(i) Interim single-tier dividend of RM0.05 per share
totalling RM1,150,000 in respect of the financial year ending 31 December 2014,
declared on 24 April 2014 and paid on 9 June 2014; and
(ii) Interim single-tier dividend of RM0.26 per share
totalling RM5,980,000 in respect of the financial year ending 31 December 2014,
declared and paid on 28 June 2014.
(b) Final tax exempt single-tier dividend in respect of
financial year ended 31 December 2013, approved by shareholders of SIG on 23
May 2014 and paid on 18 June 2014.
(c) Of the
total estimated expenses of RM800,000, expenses relating to the Second Call of
RM224,000 will be charged to the profit and loss and the balance of RM576,000
relating to the First Call will be set off against our share premium reserve.
Based on the above, the Board confirms that the retained
earnings reserve to be capitalised for the Proposed Two-Call Rights Issue is
adequate and unimpaired by losses on a consolidated basis in accordance with
Paragraphs 6.19 and 6.30(1) of the Listing Requirements.
This announcement is dated 20 October 2014. |
CBIP - Bonus Issue
Company Name | CB INDUSTRIAL PRODUCT HOLDING BERHAD |
Stock Name | CBIP |
Date Announced | 20 Oct 2014 |
Category | Entitlements (Notice of Book Closure) |
Reference No | MI-141020-63698 |
Remarks : |
The Bonus Issue of Warrants entails an issuance of up to 90,669,491 Warrants to be credited as fully paid-up on the basis of one (1) Warrant for every three (3) existing Shares held by the entitled shareholders on the entitlement date. The actual number of Warrants to be issued will depend on the issued and paid-up share capital of the Company as at the entitlement date. The Warrants shall be listed and quoted together with the bonus shares to be issued pursuant to the Bonus Issue of Shares on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 12 November 2014, being five (5) clear market days from the entitlement date. The notice of allotment of the Warrants will be issued and despatched to the entitled shareholders within four (4) market days after the listing of and quotation for the Warrants on the Main Market of Bursa Securities. This Announcement is dated 20 October 2014. |
WCT - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Company Name | WCT HOLDINGS BERHAD |
Stock Name | WCT |
Date Announced | 20 Oct 2014 |
Category | General Announcement |
Reference No | WW-141020-65239 |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | WCT HOLDINGS BERHAD (“WCT” OR “COMPANY”) ACQUISITION OF FOUR (4) PIECES OF VACANT FREEHOLD LANDS IN BANDAR SERENDAH BY JUBILANT COURTYARD SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF WCT LAND SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF WCT FROM MATAD SDN BHD |
The Board of Directors of WCT (“Board”) wishes to announce that on 20 October 2014, Jubilant Courtyard Sdn Bhd (“JCSB” or “Purchaser”), a wholly-owned subsidiary of WCT Land Sdn Bhd, which in turn is a wholly-owned subsidiary of WCT, had entered into a conditional sale and purchase agreement (“SPA”) with Matad Sdn Bhd (“Matad” or “Vendor”) for the acquisition of four (4) pieces of vacant freehold lands all located in Seksyen 20, Bandar Serendah, Daerah Ulu Selangor, Negeri Selangor Darul Ehsan (“the Lands”) at a total purchase consideration of RM115,380,566.64 (Ringgit Malaysia One Hundred Fifteen Million Three Hundred Eighty Thousand Five Hundred Sixty Six and Cents Sixty Four) only (“Total Purchase Consideration”) (collectively referred to as “The Acquisition”). Further details of the Acquisition are set out in the attached files. The announcement is dated 20 October 2014. |
PLS - MATERIAL LITIGATION
Company Name | PLS PLANTATIONS BERHAD |
Stock Name | PLS |
Date Announced | 20 Oct 2014 |
Category | General Announcement |
Reference No | PP-141020-62204 |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | PLS Plantations Berhad (“PLS or the Company”) Kuala Lumpur High Court Suit No. 22NCVC-612-11/2013 (”the Suit”) United Forest Contractor vs. Aramijaya Sdn Bhd |
We
refer to the announcement dated 13 November 2013 and 23 May 2014 in relation to
the above. The Board of Directors of PLS ("Board") would
like to update that its 70% owned subsidiary, Aramijaya Sdn Bhd
("ASB") had been informed by its solicitor of the following :- The abovementioned case is fixed for further hearing on 7
November 2014. |
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