Company announcements: NOVAMSC, PERISAI, JOBST, FBMKLCI-EA, PBBANK, DRBHCOM, BKAWAN, IOICORP, KLK

NOVAMSC - NOVAMSC-Unusual Market Activity ("UMA") query by Bursa Securities

Announcement Type: Listing Circular

Company Name	NOVA MSC BERHAD (ACE Market)
Stock Name	NOVAMSC
Date Announced	10 Nov 2014
Category	Listing Circular
Reference No	NM-141110-63589

LISTING'S CIRCULAR NO. L/Q : 71853 OF 2014

Bursa Malaysia Securities Berhad has on 10 November 2014 issued an UMA query on NOVAMSC for the recent rise in price and volume of the Company’s shares.
In this respect, investors are advised to take note of the Company’s reply to the above UMA query which will be posted at Bursa Malaysia’s website under the company announcements, http://www.bursamalaysia.com/market/listed-companies/company-announcements/ when making their investment decision.

The contents of the UMA query is as follows:-

We draw your attention to the recent rise in price and volume of your Company’s shares ("trading activity").

In light of the above and in order for investors to be able to make informed investment decisions, you are requested to respond, after making due enquiry with your directors, major shareholders and such other relevant persons, to the following queries immediately for public release in accordance with Rule 9.11 of ACE Market Listing Requirements ("LR"):-

1. whether there is any corporate development relating to your Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decision;

2. whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Rules 9.09 and 9.10 of the LR;

3. whether you are aware of any other possible explanation to account for the trading activity; and

4. whether you are in compliance with the LR, in particular Rule 9.03 of the LR on immediate disclosure obligations.

Please note that the contents of the announcement must be endorsed by the Board of Directors of the Company and the announcement must reach Bursa Securities immediately via Bursa LINK.

---

PERISAI - 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 Name	PERISAI PETROLEUM TEKNOLOGI BHD
Stock Name	PERISAI
Date Announced	10 Nov 2014
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	PP-141110-E25FA

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	Malaysia
Descriptions (Class & nominal value)	Ordinary Shares of RM0.10 each
Name & address of registered holder	Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA) 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	05/11/2014	917,800

Circumstances by reason of which change has occurred	Disposal via open market
Nature of interest	Direct
Direct (units)	85,846,200
Direct (%)	7.2
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	85,846,200
Date of notice	06/11/2014

Remarks :

(1) The percentage of shareholding excludes 400,000 ordinary shares of RM0.10 each bought-back by the Company and retained as treasury shares. (2) The Form 29B was received by the Company on 10 November 2014.

---

JOBST - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement

Company Name	JOBSTREET CORPORATION BERHAD
Stock Name	JOBST
Date Announced	10 Nov 2014
Category	General Announcement
Reference No	CC-141110-42930

Type	Announcement
Subject	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD
Description	Pursuant to Paragraph 14.08(d) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Director has notified on the change of his interest in the securities of the Company as set out in the table below:-
Name of Director / Registered Holders Date of Acquisition of Shares Number of Shares Acquired Price per Share % of Issued Shares Total Number of Shares after Acquisition Ng Kay Yip   Citigroup Nominees (Tempatan) Sdn Bhd – UBS AG Singapore for Ng Kay Yip   Amsec Nominees (Tempatan) Sdn Bhd – DBS Vickers Secs (S) Pte Ltd for Ng Kay Yip -   7 November 2014       - -   200,000         - -   RM2.77         - -   0.03         - 27,046,620   25,400,000         100,000 This announcement is dated 10 November 2014.

---

FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement

Company Name	FTSE BURSA MALAYSIA KLCI ETF
Stock Name	FBMKLCI-EA
Date Announced	10 Nov 2014
Category	General Announcement
Reference No	FB-141110-5D9D7

Type	Announcement
Subject	NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description	FTSE Bursa Malaysia KLCI etf - Valuation Point as at 10 November 2014
Fund: FTSE Bursa Malaysia KLCI etf NAV per unit (RM): 1.8864 Units in circulation (units): 1,672,000 Manager's Fee (% p.a): 0.50 Trustee Fee (% p.a): 0.06 License Fee (% p.a): 0.04 FTSE Bursa Malaysia KLCI Index: 1,827.93

Attachments FBM KLCI etf 20141110.xls 31 KB

---

PBBANK - Changes in Director's Interest (S135) - Tan Sri Dato' Sri Tay Ah Lek

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965

Company Name	PUBLIC BANK BERHAD
Stock Name	PBBANK
Date Announced	10 Nov 2014
Category	Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference No	PB-141110-35675

Information Compiled By KLSE

Particulars of Director

Name	Tan Sri Dato' Sri Tay Ah Lek
Address	169-2 Sri Wangsaria Jalan Ara Bangsar Baru 59100 Kuala Lumpur
Descriptions(Class & nominal value)	Ordinary shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Disposed	06/11/2014	1,000,000

Circumstances by reason of which change has occurred	Sale of direct interests by Tan Sri Dato' Sri Tay Ah Lek via Off-Market Transaction to Golden Asterix (M) Sdn Bhd, a company associated with him by virtue of Section 6A(4) of the Companies Act, 1965.
Nature of interest	Direct and indirect
Consideration (if any)

Total no of securities after change
Direct (units)	4,888,845
Direct (%)	0.13
Indirect/deemed interest (units)	1,389,745
Indirect/deemed interest (%)	0.04
Date of notice	10/11/2014

Remarks :

The percentage of Tan Sri Dato' Sri Tay Ah Lek's total direct and indirect interests in Public Bank (PBB) shares is computed based on the total number of PBB shares in issue excluding PBB shares bought-back by PBB and retained as treasury shares as at 10 November 2014.

---

DRBHCOM - OTHERS DRB-HICOM BERHAD (“DRB-HICOM” OR “COMPANY”) PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN GADING SARI AVIATION SERVICES SDN. BHD. (“GADING SARI”) (“PROPOSED ACQUISITION”)

Announcement Type: General Announcement

Company Name	DRB-HICOM BERHAD
Stock Name	DRBHCOM
Date Announced	10 Nov 2014
Category	General Announcement
Reference No	DD-141104-60184

Type	Announcement
Subject	OTHERS
Description	DRB-HICOM BERHAD (“DRB-HICOM” OR “COMPANY”) PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN GADING SARI AVIATION SERVICES SDN. BHD. (“GADING SARI”) (“PROPOSED ACQUISITION”)
1. INTRODUCTION Pursuant to Paragraphs 9.19(23) and 10.05 of Bursa Malaysia Securities Berhad’s Main Market Listing Requirements, the Company wishes to announce that KL Airport Services Sdn. Bhd (“KLAS”), effectively a wholly-owned subsidiary of DRB-HICOM, had on 10 November 2014, entered into a share sale and purchase agreement (“SSA”) with the shareholders of Gading Sari (“Vendors”) for the proposed acquisition of 15,000,000 ordinary shares of RM1.00 each in Gading Sari (“Gading Sari Share”) representing the entire equity interest in Gading Sari for a total cash consideration of RM72,000,000 or at RM4.80 per Gading Sari Share (“Purchase Consideration”). 2. INFORMATION ON GADING SARI Gading Sari was incorporated as a private limited company under the Companies Act, 1965 on 2 July 1993. Gading Sari has an authorised share capital of RM15,000,000 comprising 15,000,000 Gading Sari Shares, of which all have been issued and fully paid. The principal activity of Gading Sari is to carry on the business of air cargo transport. 3. DETAILS OF THE VENDORS The Vendors are as follows: Shareholders Number of Gading Sari Shares held % shareholding in Gading Sari KDYTM Tengku Abdullah Ibni Sultan Haji Ahmad Shah 6,750,000 45.0 Vescargo Sdn Bhd 5,250,000 35.0 YAM Tengku Azman Ibni Almarhum Sultan Abu Bakar 1,500,000 10.0 YM Tengku Dato’ Zafrul Bin Tengku Abdul Aziz 750,000 5.0 YM Raja Dato' Mufik Affandi Bin Raja Khalid 750,000 5.0 Total 15,000,000 100.0 4. DETAILS OF THE PROPOSED ACQUISITION 4.1 The salient terms of the SSA include, among others the following: a. The Purchase Consideration will be satisfied wholly in cash as follows: i. A deposit of RM7.2 million representing 10% of the Purchase Consideration (“Deposit”) is payable to KLAS’ solicitor who will act as a stakeholder (“Stakeholder”) upon execution of the SSA of which 30% of the Deposit equivalent to RM2.16 million will be non-refundable upon occurrence of certain events (“Non-Refundable Deposit”); and ii. RM64.8 million representing 90% of the Purchase Consideration shall be paid to the Vendors on the completion date of the SSA. b. Conditions Precedent The SSA is conditional upon the fulfilment of the following conditions precedent within a period commencing from the date of the SSA and expiring on 31 December 2014 (“Conditional Period”): i. Approvals of the shareholders and board of directors of KLAS for the Proposed Acquisition; and ii. KLAS completing a due diligence exercise on Gading Sari. c. KLAS and Gading Sari will seek the requisite consents for the Proposed Acquisition from their respective financiers within the Conditional Period. d. If any of the conditions precedent stated in Section 4.1 (b) is not satisfied within the Conditional Period, then either party will be entitled to issue a notice of termination to the other party. e. The Non-Refundable Deposit will be released by the Stakeholder to the Vendors in the event the Board of KLAS does not approve the Proposed Acquisition for reasons other than a material adverse change event or circumstance discovered during the due diligence; or the conditions precedent are not fulfilled by 31 December 2014. 70% of the Deposit will be refunded to KLAS by the Stakeholder within 7 days from the date of the notice. The material adverse change event, excluding any current litigations in Gading Sari arises from any of the following: i. Non-approval by the Department of Civil Aviation, Malaysia (“DCA”) for the Proposed Acquisition or approval granted with conditions which are not agreeable to KLAS and whose agreement to the conditions imposed shall not be unreasonably declined. ii. An event or circumstance which will adversely affect the financial condition, assets, properties, results of Gading Sari by more than RM3.5 million, or would prevent or would reasonably prevent the fundamental and basic operations of Gading Sari’s business. f. The completion date will be 30 days from the date of the last conditions precedent set out in Section 4.1(b) above is fulfilled (“Completion Date”). On the Completion Date, the Stakeholder will release the Deposit and KLAS will pay the balance consideration totalling RM64.8 million to the Vendors. g. The Vendors will use their endeavours to assist KLAS to successfully renew the Air Operator Certificate upon its expiry in February 2015. h. In the event, the Vendors, if amongst others, breach any material terms and conditions in the SSA and fail to remedy or rectify the said material breach within the required timeframe, or a bankruptcy or presented petition for winding-up of the Vendors is not set aside within 21 days from the receipt of such petition, or in the event of a material adverse change, KLAS can either: i. seek specific performance of the SSA against the Vendors and all such reliefs flowing therefrom; or ii. terminate the SSA by giving a written notice to the Vendors and obtain the Deposit to be released by the Stakeholder. i. In the event KLAS, if amongst others, breaches any material terms and conditions in the SSA and fails to remedy or rectify the said material breach within the required timeframe, or a presented petition for winding-up of KLAS is not set aside within 21 days from the receipt of such petition, the Vendors can either: i. seek specific performance of the SSA against KLAS and all such reliefs flowing therefrom; or ii. terminate the SSA by giving a written notice to KLAS and forfeit the Deposit. 4.2 Basis and justification for the Purchase Consideration The Purchase Consideration was arrived at based on a willing buyer-willing seller basis and after taking into consideration the audited net asset value of Gading Sari as at 31 December 2013 of RM7.2 million, audited net profit after taxation of Gading Sari for the financial year ended 31 December 2013 of RM2.2 million and the future earnings of Gading Sari. 5. RATIONALE FOR THE PROPOSED ACQUISITION The Proposed Acquisition is in line with DRB-HICOM’s plan to develop KLAS into a leading centralized integrated logistics services provider in Malaysia by providing a one stop solution. This is also part of KLAS’ bigger plan in providing an intermodal logistics solutions and supply chain management (“SCM”). The Proposed Acquisition will help transform the Group to become a fully integrated logistics service provider providing an end-to-end SCM. As such, the Proposed Acquisition presents an opportunity for the Group to diversify into the air cargo transport business which is expected to benefit the DRB-HICOM Group in the future. 6. SOURCE OF FUNDS The Purchase Consideration will be funded through internally generated funds and bank borrowings. 7. FINANCIAL EFFECTS FROM THE PROPOSED ACQUISITION The Proposed Acquisition will not have any effect on the share capital and substantial shareholders’ shareholdings of the Company. It is not expected to have any material effect on the earnings, net assets and gearing of the DRB-HICOM group for the financial year ending 31 March 2015. 8. LIABILITIES TO BE ASSUMED ARISING FROM THE PROPOSED ACQUISITION There are no liabilities, including contingent liabilities or guarantees, which will be assumed by KLAS arising from the Proposed Acquisition. 9. APPROVALS The Proposed Acquisition is subject to the approvals from the relevant parties as set out in paragraph 4 and is not subject to the approval of the shareholders of DRB-HICOM. 10. DIRECTORS AND MAJOR SHAREHOLDERS’ INTEREST None of the Directors and/or major shareholders of the Company and/or persons connected to them have any interest, direct and/or indirect in the Proposed Acquisition. 11. DIRECTORS’ STATEMENT The Board of Directors of DRB-HICOM is of the opinion that the Proposed Acquisition is in the best interest of the Company. 12. DOCUMENT AVAILABLE FOR INSPECTION The SSA is available for inspection at the registered office of the Company at Level 5, Wisma DRB-HICOM, No. 2, Jalan Usahawan U1/8, Seksyen U1, 40150 Shah Alam, Selangor Darul Ehsan during normal business hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement. This announcement is dated 10 November 2014.

---

BKAWAN - Change in Audit Committee

Announcement Type: Change in Audit Committee

Company Name	BATU KAWAN BERHAD
Stock Name	BKAWAN
Date Announced	10 Nov 2014
Category	Change in Audit Committee
Reference No	BK-141108-60382

Date of change	10/11/2014
Name	Dato' Mustafa bin Mohd Ali
Age	77
Nationality	Malaysian
Type of change	Appointment
Designation	Member of Audit Committee
Directorate	Independent & Non Executive
Qualifications	Dato' Mustafa is an Honours Economics graduate with Master of Arts of Cambridge University, awarded the CAM Diploma in Advertising by the Advertising Association, United Kingdom and has attended the Harvard Business School's Advanced Management Program.
Working experience and occupation	He served 26 years with the Malaysian Tobacco Company including a 2 1/2 years' assignment as Corporate Planning Officer at British-American Tobacco Co. London and was its Managing Director prior to joining Sime Darby Berhad on 1 July 1988. He worked for some six (6) years with Sime Darby in various senior management positions before his retirement in February 1994. He was a Business Adviser to Kumpulan Guthrie Berhad from April 1994 to June 2002. He serves as trustee of British Graduate Association and Harvard Business School Alumni Association of Malaysia.
Directorship of public companies (if any)	1. Affin Holdings Berhad 2. AXA Affin Life Insurance Berhad
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	None
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)	1. Dato' Yeoh Eng Khoon (Chairman, Senior Independent Non-Executive Director) 2. Quah Chek Tin (Member, Independent Non-Executive Director) 3. Dato' Mustafa bin Mohd Ali (Member, Independent Non-Executive Director)

Remarks :

---

BKAWAN - OTHERS Re-designation of Director and Changes in Board Committees

Announcement Type: General Announcement

Company Name	BATU KAWAN BERHAD
Stock Name	BKAWAN
Date Announced	10 Nov 2014
Category	General Announcement
Reference No	BK-141108-24040

Type	Announcement
Subject	OTHERS
Description	Re-designation of Director and Changes in Board Committees
On behalf of the Board of Directors of Batu Kawan Berhad ("the Company"), we wish to announce that Dato' Yeoh Eng Khoon has been re-designated from Independent Non-Executive Director to Senior Independent Non-Executive Director of the Company with effect from 10 November 2014. We also wish to announce that the composition of the Nomination and Remuneration Committees has been changed with effect from 10 November 2014 as follows: a) Dato' Yeoh Eng Khoon was appointed Chairman of the Nomination Committee; b) Tan Sri Dato' Seri Lee Oi Hian was appointed a member of the Nomination and Remuneration Committees respectively; c) Mr. Quah Chek Tin was appointed a member of the Remuneration Committee; and d) Dato' Mustafa bin Mohd Ali resigned as a member of the Remuneration Committee. Thus, the new composition of the respective Board Committees is as follows: NOMINATION COMMITTEE 1. Dato' Yeoh Eng Khoon (Chairman, Senior Independent Non-Executive Director) 2. Dato' Mustafa Bin Mohd Ali (Member, Independent Non-Executive Director) 3. Tan Sri Dato' Lee Oi Hian (Member, Non-Independent Non-Executive Chairman) REMUNERATION COMMITTEE 1. R. M. Alias (Chairman, Independent Non-Executive Director) 2. Tan Sri Dato' Seri Lee Oi Hian (Member, Non-Independent Non-Executive Chairman) 3. Mr. Quah Chek Tin (Member, Independent Non-Executive Director)

---

IOICORP - 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 Name	IOI CORPORATION BERHAD
Stock Name	IOICORP
Date Announced	10 Nov 2014
Category	Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No	IC-141110-376B6

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	Malaysia
Descriptions (Class & nominal value)	Ordinary shares of RM0.10 each
Name & address of registered holder	Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Acquisition of 500,000 shares on 3 November 2014 and disposal of 3,150,000 shares and 1,206,100 shares on 4 November 2014 and 5 November 2014 respectively. Following the acquisition and disposal, currently held 555,038,873 shares.) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (AMUNDI) (There is no change in shareholding. Currently held 5,000,000 shares.) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (AM INV) (There is no change in shareholding. Currently held 4,544,186 shares.) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) (Acquisition of 539,800 shares on 3 November 2014. Following the acquisition, currently held 12,039,200 shares.)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	03/11/2014	1,039,800
Disposed	04/11/2014	3,150,000
Disposed	05/11/2014	1,206,100

Circumstances by reason of which change has occurred	Acquisition and disposal of equity managed by Portfolio Manager
Nature of interest	Direct
Direct (units)	576,622,259
Direct (%)	9.06
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	576,622,259
Date of notice	06/11/2014

Remarks :

We received the Forms 29B of EMPLOYEES PROVIDENT FUND BOARD on 10 November 2014.

---

KLK - OTHERS Re-designation of Director and Changes in Board Committees

Announcement Type: General Announcement

Company Name	KUALA LUMPUR KEPONG BERHAD
Stock Name	KLK
Date Announced	10 Nov 2014
Category	General Announcement
Reference No	KL-141110-9B4AD

Type	Announcement
Subject	OTHERS
Description	Re-designation of Director and Changes in Board Committees
On behalf of the Board of Directors of Kuala Lumpur Kepong Berhad ("the Company"), we wish to announce that Dato' Yeoh Eng Khoon has been re-designated from Independent Non-Executive Director to Senior Independent Non-Executive Director of the Company. We also wish to announce that the composition of the Nomination and Remuneration Committees has been changed as follows: a) Dato' Yeoh Eng Khoon was appointed Chairman of the Nomination Committee; and b) Tan Sri Azlan Bin Mohd Zainol was appointed a member of the Remuneration Committee. Thus, the new composition of the respective Board Committees is as follows: NOMINATION COMMITTEE 1. Dato' Yeoh Eng Khoon (Chairman, Senior Independent Non-Executive Director) 2. R. M. Alias (Member, Independent Non-Executive Director) 3. Dato' Lee Hau Hian (Member, Non-Independent Non-Executive Director) REMUNERATION COMMITTEE 1. R. M. Alias (Chairman, Independent Non-Executive Director) 2. Dato' Lee Hau Hian (Member, Non-Independent Non-Executive Director) 3. Tan Sri Azlan Bin Mohd Zainol (Member, Independent Non-Executive Director)

---