November 3, 2014

Company announcements: PRESBHD, PAVREIT, CSL, FGV, IHH, TUNEINS, SEM

PRESBHD - 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 NamePRESTARIANG BERHAD  
Stock Name PRESBHD  
Date Announced3 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-141103-36996

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 RM0.10 EACH
Name & address of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD
LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450, KUALA LUMPUR

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed29/10/2014
492,200
 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDirect
Direct (units)28,570,500 
Direct (%)5.9 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change28,570,500
Date of notice30/10/2014

Remarks :
Citigroup Nominees (Tempatan) Sdn Bhd:-
- Employees Provident Fund Board (Nomura) - 7,428,300
- Employees Provident Fund Board (CIMB Pri) - 16,563,000
- Employees Provident Fund Board (Templeton) - 4,579,200

The Company only received the Form 29B on 3 November 2014.


PRESBHD - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NamePRESTARIANG BERHAD  
Stock Name PRESBHD  
Date Announced3 Nov 2014  
CategoryGeneral Announcement
Reference NoCS-141103-54586

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionPRESTARIANG BERHAD ("Prestariang" or "the Company")
- Memorandum of Understanding entered into between Prestariang and MIE Corporate Holdings Sdn Bhd (“MIEC”)

INTRODUCTION

The Board of Directors of Prestariang Berhad (“Prestariang” or “the Company”) is pleased to announce that Prestariang had on 3 November 2014 entered into a Memorandum of Understanding (“MOU”) with MIE Corporate Holdings Sdn Bhd (“MIEC”).


DETAILS OF THE MOU

Background of MIEC

MIEC was incorporated in Malaysia under the Companies Act, 1965 and is having its address at Puchong, Selangor.

Its present authorised share capital is RM5,000,000 comprising of 5,000,000 ordinary shares of RM1.00 each. The present issued and paid up capital of MIEC is RM1,000,000 comprising 1,000,000 ordinary shares of RM1.00 each.

MIEC shares the common major shareholders with, and has management of MIE Industrial Sdn Bhd (“MIEI”). MIEI is a local consortium partner together with CTCI-Chiyoda JV from Taiwan and Synerlitz (Malaysia) Sdn Bhd, and is a successful tenderer of a particular Package under the Refinery and Petrochemicals Integrated Development (“RAPID”) project. MIEI is involved in the Oil & Gas Downstream EPCC business as well as in the Oleochemical and Chemical industries has, among others, the ability and capacity to (i) absorb trained (skilled and up-skilled) Malaysian manpower and (ii) source for foreign skilled manpower, for its Oil & Gas and related industries’ projects.


SALIENT TERMS OF THE MOU

Objective

To undertake a preliminary study to review the feasibility of proceeding with the setting up of a joint-venture company (“the JVC”) for the supply of manpower (both local and foreign) to the Oil & Gas Industry, including the Rapid Project.


Scope of Study

Without preventing the inclusion of other discussion topics, the Parties have agreed to scope of the study as follows:

i. Market Demand

Assessment of demand for skilled & semi-skilled workers, cost of hiring in the market, current supply to the market, database required, and requirements for marketing activities.

ii. Sourcing Requirements

Assessment of supply from local and foreign countries including the regulatory requirements from local and foreign countries including work permit, health screening, CIDB certificates, etc., and other requirements.

iii. Operations and Handling

Assessment of JV organization and manpower requirements required in handling and managing the foreign workers including accommodation, logistics, training, etc.

iv. Business Model

Assessment of various business model for managing manpower such as via once-off direct placement arrangement, fee-based payroll structure, etc.

v. Economics

Determine the Internal Rate of Return and other relevant economic indicators for the Parties’ assessment.

Joint Venture

Upon the successful execution of this MOU, both Prestariang and MIE intend to co-operate with each other and combine their expertise, efforts and resources through the formation of a JVC with a view to jointly undertake the setting-up, operation and management of a business entity to source, acquire, train and supply skilled and semi-skilled workers (both Malaysian and foreign) particular in relation to the RAPID project in Pengerang, Johor, and to related industries in general.

Accordingly, Prestariang shall hold an equity of 51 percent (51%) whilst MIEC shall take up 49 percent (49%) of the issued and paid-up capital of the JVC to be set up specifically for the aforementioned business venture.


FINANCIAL EFFECTS

The MOU is part of the future plan for Prestariang to extend its values through talent acquisition and management, aligned with its vision to develop local talent for the global market. Prestariang expects this MOU to contribute positively towards the growth of the company.

Such collaborations will not have any effect on the share capital and substantial shareholders’ shareholding of Prestariang.


DIRECTORS’ AND/OR SUBSTANTIAL SHAREHOLDERS’ INTEREST

None of the Directors and/or substantial shareholders or any person connected to the Directors and/or substantial shareholders of Prestariang has any interest, either direct or indirect in the MOU.

DIRECTORS’ STATEMENT

The Board of Directors of Prestariang is of the opinion that the MOU is in the ordinary course of business and in the best interest of Prestariang.


The announcement is dated 3 November 2014.



PAVREIT - OTHERS Dealing of units in Pavilion Real Estate Investment Trust ("Pavilion REIT") by Pavilion REIT Management Sdn Bhd, the manager of Pavilion REIT

Announcement Type: General Announcement
Company NamePAVILION REAL ESTATE INVESTMENT TRUST  
Stock Name PAVREIT  
Date Announced3 Nov 2014  
CategoryGeneral Announcement
Reference NoPR-141103-590E6

TypeAnnouncement
SubjectOTHERS
DescriptionDealing of units in Pavilion Real Estate Investment Trust ("Pavilion REIT") by Pavilion REIT Management Sdn Bhd, the manager of Pavilion REIT

Pavilion REIT Management Sdn Bhd ("the Company"), the manager of Pavilion Real Estate Investment Trust ("Pavilion REIT"), wishes to announce that the Company has given a notice in relation to its dealing in units of Pavilion REIT, details as set out in the table below:-

Date of TransactionNo. of Units Disposed% of Disposed UnitsPrice Transacted (RM per unit)
31.10.2014287,9000.011.50

This announcement is dated 3 November 2014.

 



CSL - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameCHINA STATIONERY LIMITED  
Stock Name CSL  
Date Announced3 Nov 2014  
CategoryGeneral Announcement
Reference NoOS-141103-2535A

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionCHINA STATIONERY LIMITED (“CSL” OR THE “COMPANY”)


MONTHLY UPDATE ON THE STATUS OF THE COMPANY’S PLAN TO COMPLY WITH THE OBLIGATION TO REGULARISE ITS CONDITION PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Unless otherwise defined, the definitions set out in the First Announcement made on 8 July 2014 shall apply herein.

Further to the First Announcement made by the Company in relation to the above, M&A Securities on behalf of the Board of Directors of the Company wishes to announce that there are no updates to the Regularisation Plan.

The Company/M&A Securities will make the necessary announcement upon finalising the Regularisation Plan in accordance with the Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

This announcement is dated 3 November 2014.



FGV - 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 NameFELDA GLOBAL VENTURES HOLDINGS BERHAD  
Stock Name FGV  
Date Announced3 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoFG-141103-463E2

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 Share of RM1.00 each
Name & address of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD
LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG
50450 KUALA LUMPUR

CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FUND BOARD - 239,744,700

EMPLOYEES PROVIDENT FUND BOARD - 1,500,000

CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FD BD (NOMURA) - 0

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed29/10/2014
300,000
 

Circumstances by reason of which change has occurredCITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FD BD (NOMURA) - Disposal of 300,000 shares on 29 October 2014
Nature of interestDirect
Direct (units)241,244,700 
Direct (%)6.61 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change241,244,700
Date of notice30/10/2014

Remarks :
Received notice on 3 November 2014


IHH - 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 NameIHH HEALTHCARE BERHAD  
Stock Name IHH  
Date Announced3 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIH-141103-CC9FA

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 holderEmployees Provident Fund Board
Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur.
(96,743,000 ordinary shares of RM1.00 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur.
(590,798,800 ordinary shares of RM1.00 each)

Employees Provident Fund Board
Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur.
(199,300 ordinary shares of RM1.00 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (AM INV)]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur.
(4,669,600 ordinary shares of RM1.00 each)

Citigroup Nominees (Tempatan) Sdn Bhd [Employees Provident Fund Board (NOMURA)]
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur.
(18,095,600 ordinary shares of RM1.00 each)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed29/10/2014
1,364,600
 

Circumstances by reason of which change has occurredDisposal
Nature of interestDirect
Direct (units)710,506,300 
Direct (%)8.69 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change710,506,300
Date of notice30/10/2014

Remarks :
Notice was received on 3 November 2014.


TUNEINS - OTHERS TUNE INS HOLDINGS BERHAD ("TIH" OR "THE COMPANY") - CHANGE IN THE CHIEF EXECUTIVE OFFICER

Announcement Type: General Announcement
Company NameTUNE INS HOLDINGS BERHAD  
Stock Name TUNEINS  
Date Announced3 Nov 2014  
CategoryGeneral Announcement
Reference NoCM-141029-56007

TypeAnnouncement
SubjectOTHERS
DescriptionTUNE INS HOLDINGS BERHAD ("TIH" OR "THE COMPANY")
- CHANGE IN THE CHIEF EXECUTIVE OFFICER

The Board of Directors of TIH ("the Board") wishes to announce that the Board has approved the appointment of Mr. Junior N. Cho as the Chief Executive Officer ("CEO") of TIH following the recommendation from the Nomination and Remuneration Committee of TIH. Mr. Junior N. Cho's appointment will only take effect upon receipt of the relevant regulatory authority's approval.

The Board has also accepted the resignation of Mr. Peter Dixon Miller as the CEO of TIH who will leave TIH on 17 November 2014 to pursue other opportunities outside the TIH group of companies.

We shall announce the effective date for the above changes upon receiving the approval from the said authority.

This announcement is dated 3 November 2014.


SEM - Changes in Sub. S-hldr's Int. (29B) - Ameriprise Financial, Inc. ("AMP")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company Name7-ELEVEN MALAYSIA HOLDINGS BERHAD  
Stock Name SEM  
Date Announced3 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-141103-36247

Particulars of substantial Securities Holder

NameAmeriprise Financial, Inc. ("AMP")
Address55 Ameriprise Financial Center, Minneapolis, Minnesota 55474, United States of America
NRIC/Passport No/Company No.2018118
Nationality/Country of incorporationUnited States of America
Descriptions (Class & nominal value)Ordinary share of RM0.10 each
Name & address of registered holder(1) 1199SEIU Health Care Employees Pension Fund ("HCEPF")
227 W. Monroe Street, Suite 3000, Chicago, IL 60606, United States of America [managed by Columbia Wanger Asset Management, LLC ("CWAM")]

(2) Wanger International ("WI")
227 W. Monroe Street, Suite 3000, Chicago, IL 60606, United States of America (managed by CWAM)

(3) Columbia Acorn International ("CAI")
227 W. Monroe Street, Suite 3000, Chicago, IL 60606, United States of America (managed by CWAM)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed28/10/2014
960,600
 
Disposed29/10/2014
102,500
 

Circumstances by reason of which change has occurredChange of the indirect/deemed interest of AMP in the Company due to the following transactions:-

(1) - Disposal of 48,900 ordinary shares of RM0.10 each by HCEPF.
- Disposal of 54,400 ordinary shares of RM0.10 each by WI.
- Disposal of 857,300 ordinary shares of RM0.10 each by CAI.

(2) - Disposal of 5,200 ordinary shares of RM0.10 each by HCEPF.
- Disposal of 5,800 ordinary shares of RM0.10 each by WI.
- Disposal of 91,500 ordinary shares of RM0.10 each by CAI.
Nature of interestIndirect interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)67,145,200 
Indirect/deemed interest (%)5.44 
Total no of securities after change67,145,200
Date of notice30/10/2014

Remarks :
These Forms 29B were received by the Company on 3 November 2014.


SEM - Changes in Sub. S-hldr's Int. (29B) - Columbia Management Investment Advisers, LLC ("CMIA")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company Name7-ELEVEN MALAYSIA HOLDINGS BERHAD  
Stock Name SEM  
Date Announced3 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-141103-35852

Particulars of substantial Securities Holder

NameColumbia Management Investment Advisers, LLC ("CMIA")
Address225 Franklin Street, Boston, Massachusetts, 02110, United States of America
NRIC/Passport No/Company No.1451722-3
Nationality/Country of incorporationUnited States of America
Descriptions (Class & nominal value)Ordinary share of RM0.10 each
Name & address of registered holder(1) 1199SEIU Health Care Employees Pension Fund ("HCEPF")
227 W. Monroe Street, Suite 3000, Chicago, IL 60606, United States of America [managed by Columbia Wanger Asset Management, LLC ("CWAM")]

(2) Wanger International ("WI")
227 W. Monroe Street, Suite 3000, Chicago, IL 60606, United States of America (managed by CWAM)

(3) Columbia Acorn International ("CAI")
227 W. Monroe Street, Suite 3000, Chicago, IL 60606, United States of America (managed by CWAM)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed28/10/2014
960,600
 
Disposed29/10/2014
102,500
 

Circumstances by reason of which change has occurredChange of the indirect/deemed interest of CMIA in the Company due to the following transactions:-

(1) - Disposal of 48,900 ordinary shares of RM0.10 each by HCEPF.
- Disposal of 54,400 ordinary shares of RM0.10 each by WI.
- Disposal of 857,300 ordinary shares of RM0.10 each by CAI.

(2) - Disposal of 5,200 ordinary shares of RM0.10 each by HCEPF.
- Disposal of 5,800 ordinary shares of RM0.10 each by WI.
- Disposal of 91,500 ordinary shares of RM0.10 each by CAI.
Nature of interestIndirect interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)67,145,200 
Indirect/deemed interest (%)5.44 
Total no of securities after change67,145,200
Date of notice30/10/2014

Remarks :
These Forms 29B were received by the Company on 3 November 2014.


SEM - Changes in Sub. S-hldr's Int. (29B) - Columbia Wanger Asset Management, LLC ("CWAM")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company Name7-ELEVEN MALAYSIA HOLDINGS BERHAD  
Stock Name SEM  
Date Announced3 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-141103-35293

Particulars of substantial Securities Holder

NameColumbia Wanger Asset Management, LLC ("CWAM")
Address227 W. Monroe Street, Suite 3000, Chicago, IL 60606, United States of America
NRIC/Passport No/Company No.04-3519872
Nationality/Country of incorporationUnited States of America
Descriptions (Class & nominal value)Ordinary share of RM0.10 each
Name & address of registered holder(1) 1199SEIU Health Care Employees Pension Fund ("HCEPF")
227 W. Monroe Street, Suite 3000, Chicago, IL 60606, United States of America (managed by CWAM)

(2) Wanger International ("WI")
227 W. Monroe Street, Suite 3000, Chicago, IL 60606, United States of America (managed by CWAM)

(3) Columbia Acorn International ("CAI")
227 W. Monroe Street, Suite 3000, Chicago, IL 60606, United States of America (managed by CWAM)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed28/10/2014
960,600
 
Disposed29/10/2014
102,500
 

Circumstances by reason of which change has occurredChange of the indirect/deemed interest of CWAM in the Company due to the following transactions:-

(1) - Disposal of 48,900 ordinary shares of RM0.10 each by HCEPF.
- Disposal of 54,400 ordinary shares of RM0.10 each by WI.
- Disposal of 857,300 ordinary shares of RM0.10 each by CAI.

(2) - Disposal of 5,200 ordinary shares of RM0.10 each by HCEPF.
- Disposal of 5,800 ordinary shares of RM0.10 each by WI.
- Disposal of 91,500 ordinary shares of RM0.10 each by CAI.
Nature of interestIndirect interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)67,145,200 
Indirect/deemed interest (%)5.44 
Total no of securities after change67,145,200
Date of notice30/10/2014

Remarks :
These Forms 29B were received by the Company on 3 November 2014.


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