NOVAMSC - NOVAMSC-Unusual Market Activity ("UMA") query by Bursa Securities
| 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
| 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 |
| 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
| 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:- | ||||||||||||
This announcement is dated 10 November 2014. | |||||||||||||
FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| 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 | |
PBBANK - Changes in Director's Interest (S135) - Tan Sri Dato' Sri Tay Ah Lek
| 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 | 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”)
| 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
The Vendors are as follows:
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. 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.
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.
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. 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.
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. The Purchase Consideration will be funded through internally generated funds and bank borrowings. 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. There are no liabilities, including contingent liabilities or guarantees, which will be assumed by KLAS arising from the Proposed Acquisition. 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. 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. The Board of Directors of DRB-HICOM is of the opinion that the Proposed Acquisition is in the best interest of the Company. 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. | ||||||||||||||||||||||
BKAWAN - 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) |
BKAWAN - OTHERS Re-designation of Director and Changes in Board Committees
| 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 COMMITTEE1. 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
| 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 |
| 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
| 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)
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