November 25, 2014

Company announcements: SYSCORP, PCHEM, IJMLAND, SONA, BIMB, DAIMAN, PARKSON

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

Announcement Type: General Announcement
Company NameSHIN YANG SHIPPING CORPORATION BERHAD  
Stock Name SYSCORP  
Date Announced25 Nov 2014  
CategoryGeneral Announcement
Reference NoSY-141125-3AFC4

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
DescriptionProposed renewal of Shareholders’ Mandate for recurrent related party transactions of a revenue or trading nature (“Proposed Shareholder Mandate”)

The Board of Directors of Shin Yang Shipping Corporation Berhad (“SYSCORP”) wishes to announce that in accordance with Chapter 10.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Listing Requirements"), the Company intends to seek its shareholders’ approval, at the 9th Annual General Meeting ("AGM") to be convened on a later date, to renew the mandate to enter into recurrent related party transactions of a revenue or trading nature (“RRPT”) that are necessary for the day-to-day operations of the Company and its subsidiaries (collectively the "Group") for the period from the date of the 9th AGM to the conclusion of the 10th AGM in 2015.

The existing shareholder mandate was obtained at the 8th AGM held on 23rd December 2013 shall lapse at the conclusion of the forthcoming 9th AGM, unless renewal is obtained.


A Circular to Shareholders containing details of the abovementioned Proposed Shareholder Mandate will be despatched to the shareholders of the Company in due course.



PCHEM - 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 NamePETRONAS CHEMICALS GROUP BERHAD  
Stock Name PCHEM  
Date Announced25 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPC-141125-9EE73

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
Employees Provident Fund Board

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (NOMURA)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired20/11/2014
1,972,100
 
Disposed20/11/2014
400,000
 

Circumstances by reason of which change has occurredPurchase of share in the Open Market and Sale of shares managed by Portfolio Manager.
Nature of interestDirect
Direct (units)1,572,100 
Direct (%)0.02 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change881,714,500
Date of notice21/11/2014

Remarks :
Form 29B dated 21 November 2014 was received by the Company on 25 November 2014.

On 20 November 2014, Portfolio Manager for Employees Provident Fund Board Acquired 1,972,100 shares and Portfolio Manager for Employees Provident FD BD(NOMURA) Disposed 400,000 shares.


PCHEM - 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 NamePETRONAS CHEMICALS GROUP BERHAD  
Stock Name PCHEM  
Date Announced25 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPC-141125-97396

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
Employees Provident Fund Board

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed18/11/2014
1,936,900
 

Circumstances by reason of which change has occurredSale of share in the Open Market
Nature of interestDirect
Direct (units)1,936,900 
Direct (%)0.024 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change881,588,700
Date of notice19/11/2014

Remarks :
Form 29B dated 19 November 2014 was received by the Company on 25 November 2014


PCHEM - 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 NamePETRONAS CHEMICALS GROUP BERHAD  
Stock Name PCHEM  
Date Announced25 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPC-141125-9A166

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
Employees Provident Fund Board

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident FD BD (NOMURA)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed19/11/2014
846,300
 
Disposed19/11/2014
600,000
 

Circumstances by reason of which change has occurredSale of share in the Open Market and Sale of shares managed by Portfolio Manager.
Nature of interestDirect
Direct (units)1,446,300 
Direct (%)0.02 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change880,142,400
Date of notice20/11/2014

Remarks :
Form 29B dated 20 November 2014 was received by the Company on 25 November 2014.

On 19 November 2014, Portfolio Manager for Employees Provident Fund Board Disposed 846,300 shares and Portfolio Manager for Employees Provident FD BD(NOMURA) Disposed 600,000 shares.


IJMLAND - OTHERS IJM LAND BERHAD (“IJM LAND” OR THE “COMPANY”) PROPOSED PRIVATISATION OF IJM LAND BY IJM CORPORATION BERHAD (“IJM”) TO BE UNDERTAKEN BY WAY OF A MEMBERS’ SCHEME OF ARRANGEMENT (“SOA”) PURSUANT TO SECTION 176 OF THE COMPANIES ACT, 1965 (“ACT”) (“PROPOSED PRIVATISATION”)

Announcement Type: General Announcement
Company NameIJM LAND BERHAD  
Stock Name IJMLAND  
Date Announced25 Nov 2014  
CategoryGeneral Announcement
Reference NoMB-141125-57779

TypeAnnouncement
SubjectOTHERS
DescriptionIJM LAND BERHAD (“IJM LAND” OR THE “COMPANY”)

PROPOSED PRIVATISATION OF IJM LAND BY IJM CORPORATION BERHAD (“IJM”) TO BE UNDERTAKEN BY WAY OF A MEMBERS’ SCHEME OF ARRANGEMENT (“SOA”) PURSUANT TO SECTION 176 OF THE COMPANIES ACT, 1965 (“ACT”) (“PROPOSED PRIVATISATION”)

Reference is made to the Company’s announcement on 12 June 2014 in relation to the Proposed Privatisation (“Announcement”). Unless otherwise stated, the definitions used throughout this announcement shall have the same meaning as defined in the Announcement.

 

As stated in the Announcement, if IJM declares, makes or pays any dividends and/or other distributions (“Distributions”) before the Consideration Shares are issued and a Scheme Shareholder is not entitled to such Distributions, IJM will increase the Cash Consideration by the quantum of the net Distributions per IJM Share that the Scheme Shareholder is not entitled to and there shall be no change to the Share Consideration.

 

On 25 November 2014, the Board of Directors of IJM has declared a single tier first interim dividend in respect of the financial year ending 31 March 2015 of 4 sen per IJM Share (“IJM Dividend”). Given that the Scheme Shareholders will not be entitled to the IJM Dividend as the Consideration Shares will only be issued after the entitlement date of 16 December 2014, the Cash Consideration will be adjusted from RM0.20 to RM0.22 per Scheme Share. 

 

This announcement is dated 25 November 2014.

 

 

 

 



SONA - SONA-TRADING HALT & RESUMPTION OF TRADING

Announcement Type: Listing Circular
Company NameSONA PETROLEUM BERHAD  
Stock Name SONA  
Date Announced25 Nov 2014  
CategoryListing Circular
Reference NoIJ-141125-50301

LISTING'S CIRCULAR NO. L/Q : 71967 OF 2014

Kindly be advised that trading in the above Company's securities will be halted with effect from 2.30 p.m., Tuesday, 25 November 2014.

Trading in the securities will resume with effect from 3.30 p.m., Tuesday, 25 November 2014.

Your attention is drawn to the Company's announcement dated 25 November 2014.


BIMB - 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 NameBIMB HOLDINGS BERHAD  
Stock Name BIMB  
Date Announced25 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBH-141125-49995

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 holder(1) Citigroup Nominees (Tempatan) Sdn Bhd (Employees Provident FD BD(CIMB PRI)
of 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)
Disposed20/11/2014
785,700
 

Circumstances by reason of which change has occurredDisposed
Nature of interestDirect
Direct (units)140,671,321 
Direct (%)9.42 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change140,671,321
Date of notice21/11/2014

Remarks :
The breakdown of 140,671,321 Ordinary Shares of RM1.00 each held by Employees Provident Fund Board are as follows:-

1) 130,308,101 shares are registered under Citigroup Nominees (Tempatan) Sdn Bhd (Employees Provident Fund Board);
2) 6,169,320 shares are registered under Citigroup Nominees (Tempatan) Sdn Bhd (Employees Provident FD BD (CIMB PRI));
3) 1,650,000 shares are registered under Citigroup Nominees (Tempatan) Sdn Bhd (Employees Provident FD BD (ARIM));
4) 2,543,900 shares are registered under Citigroup Nominees (Tempatan) Sdn Bhd (Employees Provident FD BD (KAF FM));

Form 29B received on 25 November 2014.


BIMB - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Haji

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBIMB HOLDINGS BERHAD  
Stock Name BIMB  
Date Announced25 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBH-141125-45128

Particulars of substantial Securities Holder

NameLembaga Tabung Haji
Address201, Jalan Tun Razak, Peti Surat 11025, 50732 Kuala Lumpur.
NRIC/Passport No/Company No.ACT 5351995
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each.
Name & address of registered holderLembaga Tabung Haji of 201, Jalan Tun Razak, Peti Surat 11025, 50400 Kuala Lumpur.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired20/11/2014
5,014,400
 
Acquired21/11/2014
40,000
 

Circumstances by reason of which change has occurredPurchase of shares
Nature of interestDirect
Direct (units)818,032,500 
Direct (%)54.77 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change818,032,500
Date of notice24/11/2014

Remarks :
Form 29B received on 25 November 2014.


DAIMAN - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameDAIMAN DEVELOPMENT BHD  
Stock Name DAIMAN  
Date Announced25 Nov 2014  
CategoryGeneral Meetings
Reference NoCJ-141121-39541

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting25/11/2014
Time11:00 AM
VenueJunior Ballroom 1, Level 11
DoubleTree by Hilton Johor Bahru
01-02 Menara Landmark
No. 12, Jalan Ngee Heng
80000 Johor Bahru
Johor Darul Ta'zim
Outcome of Meeting

The Board of Directors of Daiman Development Berhad ("Daiman" or "the Company") is pleased to announce that at the 42nd Annual General Meeting of Daiman held today, the shareholders have approved all the resolutions referred to in the Notice of the 42nd Annual General Meeting of the Company dated 03 November 2014.



PARKSON - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced25 Nov 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoPH-141125-62568

Date of buy back25/11/2014
Description of shares purchasedOrdinary shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)419,000
Minimum price paid for each share purchased ($$)2.390
Maximum price paid for each share purchased ($$)2.450
Total consideration paid ($$)1,015,768.94
Number of shares purchased retained in treasury (units)419,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)5,221,329
Adjusted issued capital after cancellation
(no. of shares) (units)
 
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.48


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