November 6, 2014

Company announcements: SUNWAY, TENAGA, GOLDIS, WZSATU, SPSETIA, LAYHONG, HWGB, WCT

SUNWAY - OTHERS SUNWAY BERHAD (“SUNWAY” OR “COMPANY”) PROPOSED SHARE SUBSCRIPTION IN SUNWAY DEVELOPMENTS PTE LTD

Announcement Type: General Announcement
Company NameSUNWAY BERHAD  
Stock Name SUNWAY  
Date Announced6 Nov 2014  
CategoryGeneral Announcement
Reference NoSS-141106-56156

TypeAnnouncement
SubjectOTHERS
DescriptionSUNWAY BERHAD (“SUNWAY” OR “COMPANY”)
PROPOSED SHARE SUBSCRIPTION IN SUNWAY DEVELOPMENTS PTE LTD

1. INTRODUCTION

We refer to the announcement made by the Board of Directors of Sunway (“Board”) on 19 September 2014 in relation to the Proposed Share Subscription in Sunway Developments Pte Ltd (“Announcement”). Unless otherwise stated, the terms used herein shall have the same meaning as defined in the Announcement.


For information purposes, the Board wishes to provide further details of the Proposed Share Subscription which are set out in this announcement.

2. DETAILS OF THE PROPOSED SHARE SUBSCRIPTION

Sunway Holdings Sdn Bhd (“Sunholdings”), a wholly-owned subsidiary of Sunway, has on 3 November 2014 subscribed for 6,690,000 new ordinary shares in Sunway Development Pte Ltd (“Sunway Developments”), a wholly-owned subsidiary of Sunway Concrete Products (S) Pte Ltd (“Sunway Concrete Products”), which in turn is an indirect wholly-owned subsidiary of Sunway Construction Sdn Bhd and Sunway, at the subscription price of SGD6,690,000.00.


Sunway Developments has thereafter on 6 November 2014 undertaken a selective share buy-back of the existing 2 ordinary shares held by Sunway Concrete Products in Sunway Developments at the sum of SGD2.00. Pursuant thereto, SunHoldings became a sole shareholder of Sunway Developments on 6 November 2014 (“Sunway Developments Share Subscription”).

3. RATIONALE OF THE SUNWAY DEVELOPMENTS SHARE SUBSCRIPTION

The Sunway Development Share Subscription is to facilitate the repayment of advances due from Sunway Developments to Sunway Concrete Products.

4. APPROVALS REQUIRED FOR THE SUNWAY DEVELOPMENTS SHARE SUBSCRIPTION

The Sunway Developments Share Subscription is not subject to the approval of the shareholders of the Company or any other relevant authorities other than the Urban Redevelopment Authority of Singapore whom has stated it has no objection to the Sunway Developments Share Subscription.

This announcement is dated 6 November 2014.



TENAGA - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):OTHER ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NameTENAGA NASIONAL BHD  
Stock Name TENAGA  
Date Announced6 Nov 2014  
CategoryGeneral Announcement
Reference NoMM-141106-61562

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
DescriptionTENAGA NASIONAL BERHAD (“TNB”)

PROPOSED ESTABLISHMENT OF A LONG TERM INCENTIVE PLAN FOR THE ELIGIBLE EMPLOYEES OF TNB AND ITS SUBSIDIARIES AND EXECUTIVE DIRECTORS OF TNB (“PROPOSED LTIP”)

We refer to the announcements dated 30 September 2014 and 28 October 2014 in relation to the Proposed LTIP (“Announcements”). Unless otherwise defined, all expressions used in this announcement shall carry the same meanings as defined in the Announcements.

On behalf of TNB, CIMB Investment Bank Berhad (“CIMB”) wishes to announce that Bursa Securities has, vide its letter dated 5 November 2014 (which was received on 6 November 2014), approved the listing of and quotation for such number of new shares of TNB, representing up to ten percent (10%) of the issued and paid-up share capital of TNB (excluding treasury shares), to be issued pursuant to the Proposed LTIP subject to the following conditions:

(i) CIMB is required to submit a confirmation to Bursa Securities of full compliance of the Long Term Incentive Plan (“LTIP”) pursuant to paragraph 6.43(1) of the Main Market Listing Requirements and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in general meeting; and

(ii) TNB is required to furnish Bursa Securities on a quarterly basis a summary of the total number of LTIP shares listed as at the end of each quarter together with a detailed computation of listing fees payable.

This announcement is dated 6 November 2014.



GOLDIS - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameGOLDIS BERHAD  
Stock Name GOLDIS  
Date Announced6 Nov 2014  
CategoryGeneral Announcement
Reference NoMM-141106-66280

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionGOLDIS BERHAD ("GOLDIS" OR "GOLDIS")

CONDITIONAL TAKE-OVER OFFER BY GOLDIS TO ACQUIRE ALL OF THE REMAINING SHARES IN IGB CORPORATION BERHAD (“IGB CORP”) WHICH ARE NOT ALREADY OWNED BY GOLDIS (“OFFER”)

The terms used herein shall, unless otherwise stated, bear the same meaning as those defined in the announcement dated 18 July 2014 in relation to the Offer.

We refer to the announcements dated 18 July 2014, 22 July 2014, 3 September 2014, 3 October 2014, 20 October 2014 and 21 October 2014 in relation to the Offer.

On behalf of Goldis, CIMB Investment Bank Berhad wishes to announce that the Offer has closed at 5.00 p.m. (Malaysian time) on Thursday, 6 November 2014 (“Final Closing Date”).


On the Final Closing Date, the Offeror holds in aggregate, together with such Shares that are already held or entitled to be acquired or held, 978,790,103 IGB Corp Shares, representing approximately 73.32% of the issued and paid-up share capital of IGB Corp (excluding treasury shares).

In accordance with Section 26(1) of the Malaysian Code on Take-Overs and Mergers 2010 (“Code”), the details of the level of acceptances of the Offer in respect of the Offer Shares as at 5.00 p.m. (Malaysian time) on Thursday, 6 November 2014, are set out below:

Number of Shares

% of the total issued and paid-up share capital of IGB Corp(1)

Shares held by the Offeror as at the date of posting of the Offer Document on 3 October 2014 (“Posting Date”)

415,241,316

31.11

Shares for which valid acceptances have been received after the Posting Date up to 5.00 p.m. (Malaysian time) on the Final Closing Date

563,548,787

42.22

Shares acquired or agreed to be acquired (other than by way of acceptances of the Offer) by the Offeror after the Posting Date up to 5.00 p.m. (Malaysian time) on the Final Closing Date

-

-

Shares held by the Offeror as at 5.00 p.m. (Malaysian time) on the Final Closing Date

978,790,103

73.32

Shares which have been transferred into the Offeror’s Central Depository Securities (“CDS”) account up to 5.00 p.m. (Malaysian time) on the Final Closing Date which acceptance and forms have yet to be received (invalid acceptances)

26,662

neg.

Note:

(1) Based on the issued and paid-up share capital of the Offeree as at the Final Closing Date of 1,334,898,740 ordinary shares after excluding 29,899,600 treasury shares


Enclosed is the press notice released by CIMB Investment Bank Berhad on behalf of Goldis, in relation to the above.

This announcement is dated 6 November 2014.



WZSATU - Changes in Director's Interest (S135) - Tengku Dato' Sri Uzir Bin Tengku Dato' Ubaidillah

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameWZ SATU BERHAD  
Stock Name WZSATU  
Date Announced6 Nov 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-141103-69489

Information Compiled By KLSE

Particulars of Director

NameTengku Dato' Sri Uzir Bin Tengku Dato' Ubaidillah
AddressNo. 42, Jalan Medang Tanduk
Bukit Bandaraya
59100 Kuala Lumpur
Wilayah Persekutuan
Descriptions(Class & nominal value)Warrants

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
05/11/2014
27,075,723
 

Description of other type of transactionFree Warrants on the basis of 1 Free Warrant for every 2 Existing Ordinary Shares
Circumstances by reason of which change has occurredFree Warrants on the basis of 1 Free Warrant for every 2 Existing Ordinary Shares
Nature of interestDirect
Consideration (if any)Nil  

Total no of securities after change

Direct (units)27,075,723 
Direct (%)28.5 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice05/11/2014


SPSETIA - 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 NameS P SETIA BERHAD  
Stock Name SPSETIA  
Date Announced6 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoC&-141106-737C2

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 - RM0.75
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI)
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (RHB INV)
Citigroup Nominees (Tempatan) Sdn Bhd (NOMURA)
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM)
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN)
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired03/11/2014
252,600
 

Circumstances by reason of which change has occurredAcquisition of Shares
Nature of interestDirect
Direct (units)159,455,775 
Direct (%)6.28 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change159,455,775
Date of notice04/11/2014

Remarks :
Form 29B received on 6/11/2014


LAYHONG - PUBLIC SHAREHOLDINGS SPREAD

Announcement Type: General Announcement
Company NameLAY HONG BERHAD  
Stock Name LAYHONG  
Date Announced6 Nov 2014  
CategoryGeneral Announcement
Reference NoCC-141106-1ACD4

TypeAnnouncement
SubjectPUBLIC SHAREHOLDINGS SPREAD
DescriptionLAY HONG BERHAD ("LHB" OR "THE COMPANY")
- PUBLIC SHAREHOLDING SPREAD
- EXTENSION OF TIME TO COMPLY WITH THE PUBLIC SHAREHOLDING SPREAD

We refer to the announcement dated 3 October 2014.

The Board of Directors of LHB wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had vide its letter dated 16 October 2014 approved the extension of time of up to six (6) months until 31 March 2015 to comply with the required 25% public shareholding spread requirement pursuant to Paragraph 8.02(1) of the Bursa Securities Main Market Listing Requirements.

Based on the Record of Depositors of LHB as at 4 November 2014, the public shareholding spread of LHB is 17% with a total of 680 public shareholders. Hence, the Company is still not in compliance with the public shareholding spread requirement.

The conditional take-over offer (“Offer”) by QL Resources Berhad (“Offeror”) is still ongoing and the outcome is yet to be determined.

(i) In the event the Offer is successful, the Offeror does not intend to maintain the listing status of LHB on the Main Market of Bursa Securities.

(ii) Nonetheless, in the event the Offer is unsuccessful, the Board intends to maintain the listing status of LHB on the Main Market of Bursa Securities. The Board will explore various options or proposals to rectify the shortfall in the public shareholding spread of LHB. Where applicable, any such exercise shall be announced.

This announcement is dated 6 November 2014.



HWGB - OTHERS COMPLETION OF ACQUISITION OF 3,569,000 ORDINARY SHARES IN HO WAH GENTING HOLIDAY SDN BHD (FORMERLY KNOWN AS HO WAH GENTING POIPET RESORTS SDN BHD)-Pursuant to Para 9.19(23)

Announcement Type: General Announcement
Company NameHO WAH GENTING BERHAD  
Stock Name HWGB  
Date Announced6 Nov 2014  
CategoryGeneral Announcement
Reference NoHW-141024-38023

TypeAnnouncement
SubjectOTHERS
DescriptionCOMPLETION OF ACQUISITION OF 3,569,000 ORDINARY SHARES IN HO WAH GENTING HOLIDAY SDN BHD (FORMERLY KNOWN AS HO WAH GENTING POIPET RESORTS SDN BHD)-Pursuant to Para 9.19(23)

The Company's announcement released on 16 October 2014 on the acquisition of 3,569,000 Ordinary Shares (representing 59.48% equity interest) in Ho Wah Genting Holiday Sdn Bhd (Formerly Known As Ho Wah Genting Poipet Resorts Sdn Bhd) refers.

The Board of Directors of the Company wishes to announce that the acquisition of 3,569,000 Ordinary Shares in Ho Wah Genting Holiday Sdn Bhd (Formerly Known As Ho Wah Genting Poipet Resorts Sdn Bhd) has been completed on 6 November 2014, accordingly Ho Wah Genting Holiday Sdn Bhd is now a subsidiary of the Company.

This announcement is dated 6 November 2014.

 

 
 


WCT - 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 NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced6 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWW-141106-47CB6

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.EPFACT1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (87,334,622 Shares)
Employees Provident Fund Board (1,739,346 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board(AFFIN-HWG)(7,028,584 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (KAF FM) (2,312,395 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) (5,834,770 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (PHEIM) (949,400 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) (5,491,760 Shares)
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ARIM) (2,222,000 Shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed03/11/2014
526,900
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestDirect
Direct (units)112,912,877 
Direct (%)10.36 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change112,912,877
Date of notice06/11/2014

Remarks :
Form 29B dated 4 November 2014 was received on 6 November 2014.


WCT - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced6 Nov 2014  
CategoryGeneral Announcement
Reference NoWW-141106-57214

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionWCT Holdings Berhad (“WCT” or “THE COMPANY”)

SALE OF PROPERTIES TO A COMPANY RELATED TO A DIRECTOR OF THE COMPANY BY JELAS PURI SDN BHD, AN INDIRECT 70% OWNED SUBSIDIARY OF WCT

The Board of Directors of the Company wishes to announce that Jelas Puri Sdn Bhd (“JPSB”), a 70% owned subsidiary of WCT Land Sdn Bhd, which in turn is a wholly-owned subsidiary of WCT has on 6 November 2014 entered into separate Sale and Purchase Agreements with a company related to a Director of the Company.

Please refer to the file attached for the details of the announcement.



WCT - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (DiPerbadankan)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced6 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWW-141106-34A94

Particulars of substantial Securities Holder

NameKumpulan Wang Persaraan (DiPerbadankan)
AddressAras 4,5 & 6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang, 55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderKumpulan Wang Persaraan (DiPerbadankan) (64,664,975 Shares)
Fund Managers (7,036,615 Shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired31/10/2014
581,900
 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect
Direct (units)71,701,590 
Direct (%)6.58 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change71,701,590
Date of notice06/11/2014

Remarks :
Form 29B dated 6 November 2014 was received on 6 November 2014.


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