SKPETRO - OTHERS SAPURAKENCANA PETROLEUM BERHAD (THE “COMPANY”) - SIGNING OF PRODUCTION SHARING CONTRACTS AND JOINT OPERATING AGREEMENTS IN RELATION TO BLOCKS SB 331 AND SB 332
| Company Name | SAPURAKENCANA PETROLEUM BERHAD |
| Stock Name | SKPETRO |
| Date Announced | 20 Nov 2014 |
| Category | General Announcement |
| Reference No | SP-141120-0AD8C |
| Type | Announcement |
| Subject | OTHERS |
| Description | SAPURAKENCANA PETROLEUM BERHAD (THE “COMPANY”) - SIGNING OF PRODUCTION SHARING CONTRACTS AND JOINT OPERATING AGREEMENTS IN RELATION TO BLOCKS SB 331 AND SB 332 |
INTRODUCTION The Board of Directors of SapuraKencana Petroleum Berhad (“SapuraKencana Petroleum” or the “Company”) (“Board”) is pleased to announce that it has, through its wholly-owned subsidiary, SapuraKencana Energy Sabah Inc. (“SKESI”), entered into two Production Sharing Contracts (“PSCs”) for Blocks SB 331 and SB 332 (“Blocks”), respectively with Petroliam Nasional Berhad (“PETRONAS”), the national oil company of Malaysia, effective 20 November 2014 (“Effective Date”). The PSCs are for period of twenty seven years commencing from the Effective Date. These Blocks are located in the eastern and southern part of Sabah covering about 31,047 square kilometres. Under the terms of both PSCs, SKPB will operate the blocks with participating interest of 70%. The partners in the PSCs are PETRONAS Carigali Sdn Bhd ("PCSB") and M3nergy Berhad ("M3nergy"). Under the PSC, the Parties are committed to drill two (2) wildcat wells and acquire 500 line km of new 2D seismic data in Block SB331 and to drill one (1) wildcat well and acquire 100 line km of new 2D seismic data in Block SB332. The Parties are also committed to do other exploration works such as integrated study based on existing data as well as Surface Geochemical Survey and an additional Coal Bed Methane study. Simultaneously and in conjunction with the execution of the PSCs, SKESI has also executed two Joint Operating Agreements (“JOA”) covering Block SB 331 and Block SB 332, respectively with PCSB and M3nergy. The duration of the JOA will be consistent with the duration of the PSC. BACKGROUND OF THE PARTIES (a) Background of SapuraKencana Energy Sabah Inc SKESI became a wholly-owned subsidiary of the Company following the successful acquisition by the SapuraKencana Petroleum of Newfield Malaysia in early 2014. (b) Background of PETRONAS Carigali Sdn Bhd PCSB is a wholly-owned exploration and production subsidiary of PETRONAS works alongside a number of petroleum multinational corporations through various production sharing contracts. (c) Background of M3nergy Berhad M3nergy Berhad is an Exploration and Production company with strategic focus on marginal field development. With over 30 years of experience, M3nergy has evolved into a major FPSO & FSO player. M3nergy owns and operates high value FPSO/FSO assets in South East Asia and hold 100% interest in a PSC block offshore West Java, Indonesia. EFFECT ON THE ISSUED AND PAID-UP CAPITAL OF THE COMPANY The executions of the PSCs and JOAs will have no effect on the issued and paid-up capital of the Company. RISKS FACTORS Risk factors affecting the PSCs and JOAs include execution risks relating to exploration and production of oil and gas business in Malaysia. The Company has the experience and expertise to undertake such projects through the integrated team post-acquisition of Newfield Malaysia. DIRECTORS AND MAJOR SHAREHOLDERS’ INTEREST None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders has any direct or indirect interest in the awards of the PSCs and JOAs. DIRECTORS' STATEMENT The Board is of the opinion that the executions of the PSCs and JOAs are in the best interest of the Company. This announcement is dated 20 November 2014. | |
SYSTECH - SYSTECH-Unusual Market Activity ("UMA") query by Bursa Securities
| Company Name | SYSTECH BHD (ACE Market) |
| Stock Name | SYSTECH |
| Date Announced | 21 Nov 2014 |
| Category | Listing Circular |
| Reference No | NM-141121-35531 |
LISTING'S CIRCULAR NO. L/Q : 71946 OF 2014
Bursa Malaysia Securities Berhad has on 21 November 2014 issued an UMA query on SYSTECH 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.
GOB - GOB - NOTICE OF RIGHTS ENTITLEMENT
| Company Name | GLOBAL ORIENTAL BERHAD |
| Stock Name | GOB |
| Date Announced | 21 Nov 2014 |
| Category | Listing Circular |
| Reference No | RN-141121-26678 |
LISTING'S CIRCULAR NO. L/Q : 71945 OF 2014
RENOUNCEABLE RIGHTS ISSUE OF 227,338,321 NEW ORDINARY SHARES OF RM0.50 EACH IN GLOBAL ORIENTAL BERHAD ("GOB" OR THE "COMPANY") (“RIGHTS SHARE(S)”) TOGETHER WITH 113,669,160 FREE DETACHABLE WARRANTS (“WARRANT(S)”) AT AN ISSUE PRICE OF RM0.50 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES TOGETHER WITH ONE (1) FREE WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.50 EACH IN GOB HELD AS AT 5.00 P.M. ON 2 DECEMBER 2014 ("RIGHTS ISSUE WITH WARRANTS").
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Rights Issue" ]
as from : [ 28 November 2014 ]
2) The last date of lodgement : [ 2 December 2014 ]
3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-
a) Selling Broker to deduct [ 1/2 ] , of the Selling Price against the Selling Client.
b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.
c) Between Broker and Broker, the deduction of [ 1/2 ] of the Transacted Price is applicable.
GPLUS - OTHERS GOLDEN PLUS HOLDINGS BERHAD (“GPLUS” or the “Company”) DELAY IN RELEASE OF THIRD QUARTER FINANCIAL REPORT FOR THE FINANCIAL PERIOD ENDED 30 SEPTEMBER 201
| Company Name | GOLDEN PLUS HOLDINGS BERHAD |
| Stock Name | GPLUS |
| Date Announced | 21 Nov 2014 |
| Category | General Announcement |
| Reference No | GP-141121-38021 |
| Type | Announcement |
| Subject | OTHERS |
| Description | GOLDEN PLUS HOLDINGS BERHAD (“GPLUS” or the “Company”) DELAY IN RELEASE OF THIRD QUARTER FINANCIAL REPORT FOR THE FINANCIAL PERIOD ENDED 30 SEPTEMBER 201 |
The Board of Directors of GPLUS wishes to announce that the Company is unable to release its Third Quarter Financial Report for the financial period ended 30 September 2014 (“Outstanding Financial Statements”) by 28 November 2014 to Bursa Malaysia Securities Berhad (“Bursa Securities”) (“the timeframe”) as required under Paragraph 9.22(1) of the Bursa Securities Listing Requirements as the Company is still in the process of arranging and preparing the Financial Statements for years ended 31 December 2010; and 31 December 2011, 31 December 2012 and 31 December 2013 for re-auditing and auditing respectively.
In view of the above, GPLUS is expecting to issue and submit its Outstanding Financial Statements within two (2) months after the release of the Audited Financial Statements for the year ended 31 December 2013 which is still outstanding for release to Bursa Securities.
If GPLUS fails to issue the Outstanding Financial Statements within 5 market days from the expiry of the timeframe (the last day of this 5 market days shall hereinafter be referred to as "the Suspension Deadline"), in addition to any enforcement action that the Bursa Securities may take, Bursa Securities shall suspend trading in the securities of GPLUS. The suspension shall be imposed on the market day following the expiry of the Suspension Deadline and shall be uplifted on the market day following the issuance of the outstanding Financial Statements unless otherwise determined by Bursa Securities. As such, the suspension will be imposed on 8 December 2014. However, the Company's securities have been suspended from trading since 3 August 2009.
| |
SIGGAS - SIGGAS - NOTICE OF BOOK CLOSURE
| Company Name | SIG GASES BERHAD |
| Stock Name | SIGGAS |
| Date Announced | 21 Nov 2014 |
| Category | Listing Circular |
| Reference No | RN-141121-27108 |
LISTING'S CIRCULAR NO. L/Q : 71947 OF 2014
RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF 37,500,000 NEW ORDINARY SHARES OF RM0.50 EACH IN SIG (“SHARES”) (“RIGHTS SHARES”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FOUR (4) EXISTING SHARES HELD IN SIG AS AT 5.00 P.M. ON 2 DECEMBER 2014, AT AN ISSUE PRICE OF RM0.50 PER RIGHTS SHARE, OF WHICH THE FIRST CALL OF RM0.36 PER RIGHTS SHARE IS PAYABLE IN CASH AND THE SECOND CALL OF RM0.14 PER RIGHTS SHARE IS TO BE CAPITALISED FROM THE RETAINED EARNINGS RESERVE OF SIG (“TWO-CALL RIGHTS ISSUE”).
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Rights Issue" ]
as from : [ 28 November 2014 ]
2) The last date of lodgement : [ 2 December 2014 ]
3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-
a) Selling Broker to deduct [ 1/5 ] , of the Selling Price against the Selling Client.
b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.
c) Between Broker and Broker, the deduction of [ 1/5 ] of the Transacted Price is applicable.
PESTECH - Additional Listing Announcement
| Company Name | PESTECH INTERNATIONAL BERHAD |
| Stock Name | PESTECH |
| Date Announced | 21 Nov 2014 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | OI-141119-63282 |
1. Details of Corporate Proposal | |
| Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
| Types of corporate proposal | Others |
| Details of corporate proposal | Dividend Reinvestment Plan |
| No. of shares issued under this corporate proposal | 856,000 |
| Issue price per share ($$) | MYR 3.570 |
| Par Value ($$) | MYR 0.500 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
| Units | 167,075,366 |
| Currency | MYR 83,537,683.000 |
| Listing Date | 24/11/2014 |
GLOTEC - Circular/Notice to Shareholders
| Company Name | GLOBALTEC FORMATION BERHAD |
| Stock Name | GLOTEC |
| Date Announced | 21 Nov 2014 |
| Category | PDF Submission |
| Reference No | CA-141121-34577 |
| Subject | Circular to Shareholders in relation to the Proposed Renewal Of Shareholders' Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature |
MATRIX - MATRIX - NOTICE OF BOOK CLOSURE
| Company Name | MATRIX CONCEPTS HOLDINGS BERHAD |
| Stock Name | MATRIX |
| Date Announced | 21 Nov 2014 |
| Category | Listing Circular |
| Reference No | RN-141119-29804 |
LISTING'S CIRCULAR NO. L/Q : 71944 OF 2014
THRID INTERIM SINGLE TIER DIVIDEND OF 3.75 SEN PER ORDINARY SHARE OF RM1.00 EACH.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 22 December 2014 ]
2) The last date of lodgement : [ 24 December 2014 ]
3) Date Payable : [ 15 January 2015 ]
TENAGA - Circular/Notice to Shareholders
| Company Name | TENAGA NASIONAL BHD |
| Stock Name | TENAGA |
| Date Announced | 21 Nov 2014 |
| Category | PDF Submission |
| Reference No | TN-141121-36715 |
| Subject | STATEMENT TO SHAREHOLDERS IN RELATION TO THE PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL PURSUANT TO SECTION 67A OF THE COMPANIES ACT, 1965 ("PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY") |
GAMUDA - Additional Listing Announcement
| Company Name | GAMUDA BERHAD |
| Stock Name | GAMUDA |
| Date Announced | 21 Nov 2014 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | GG-141121-C8802 |
1. Details of Corporate Proposal | |
| Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
| Types of corporate proposal | Others |
| Details of corporate proposal | Conversion of Warrants (GAMUDA-WD) |
| No. of shares issued under this corporate proposal | 61,000 |
| Issue price per share ($$) | MYR 2.660 |
| Par Value ($$) | MYR 1.000 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
| Units | 2,332,270,679 |
| Currency | MYR 2,332,270,679.000 |
| Listing Date | 24/11/2014 |
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