December 31, 2014

Company announcements: APPASIA, KANGER, AMPROP, AMBANK, GOB, PARAMON, TDM, MMCCORP

APPASIA - Profile for Warrants

Announcement Type: Listing Information & Profile
Company NameAPPASIA BERHAD (ACE Market) 
Stock Name APPASIA-WA  
Date Announced31 Dec 2014  
CategoryListing Information & Profile
Reference NoOS-141231-57096

Instrument TypeWarrants
DescriptionWarrants issued pursuant to the Rights Issue of Shares with Warrants (as defined below) 
Listing Date02/01/2015
Issue Date24/12/2014
Issue/ Ask PriceNot Applicable
Issue Size IndicatorUnit
Issue Size in Unit138,956,400
Maturity Date23/12/2024
Revised Maturity Date 
Exercise/ Conversion Period10.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion PriceMYR 0.1300
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio1 Warrant : 1 ordinary share of RM0.10 each
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion priceCash
Settlement Type/ Convertible intoPhysical (Shares)

Remarks :
The 138,956,400 free detachable warrants (“Warrants”) are issued to the entitled shareholders of AppAsia Berhad (formerly known as Extol MSC Berhad) (“AppAsia”) pursuant to the renounceable rights issue of 138,956,400 new ordinary shares of RM0.10 each in AppAsia (“AppAsia Shares”) (“Rights Shares”) together with 138,956,400 Warrants on the basis of one (1) Rights Share together with one (1) Warrant for every one (1) existing AppAsia Share held as at 5.00 p.m. on 3 December 2014 at an issue price of RM0.10 per Rights Share (“Rights Issue of Shares with Warrants”).

Each Warrant carries the entitlement to subscribe for one (1) new AppAsia Share at the exercise price (as indicated above) and at any time during the exercise period (as indicated above) (“Exercise Period”) subject to the adjustments in accordance with the provisions of the deed poll dated 19 November 2014, constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 31 December 2014.


KANGER - OTHERS KANGER INTERNATIONAL BERHAD ("KANGER" OR "THE COMPANY") STATUS UPDATE ON ACTIONS TAKEN BY KANGER TO COMPLY WITH BURSA MALAYSIA SECURITIES BERHAD'S CONDITIONS WITH REGARDS TO THE RELOCATION OF ITS PROPERTIES

Announcement Type: General Announcement
Company NameKANGER INTERNATIONAL BERHAD (ACE Market) 
Stock Name KANGER  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoCC-141230-12182

Admission SponsorKenanga Investment Bank Bhd
SponsorSame as above
TypeAnnouncement
SubjectOTHERS
DescriptionKANGER INTERNATIONAL BERHAD ("KANGER" OR "THE COMPANY")
STATUS UPDATE ON ACTIONS TAKEN BY KANGER TO COMPLY WITH BURSA MALAYSIA SECURITIES BERHAD'S CONDITIONS WITH REGARDS TO THE RELOCATION OF ITS PROPERTIES

The Company wishes to announce the actions taken to comply with the conditions imposed by Bursa Malaysia Securities Berhad (“Bursa Securities”) in its approval letter dated 9 September 2013 in conjunction with Kanger's listing on the ACE Market of Bursa Securities.

As stated in Section 9.1 of the Company's Prospectus dated 6 December 2013, Kanger is to comply with the following conditions:

No.

Property

Conditions Imposed

Action Taken

1.

West 3rd Floor, Building A, No. 1 Eastern Section, Xili Dakan Industrial Zone, Nanshan District, Shenzhen Guangdong Province 518055 China and Room 102, 1st Floor, Building B, No. 1 Eastern Section, Xili Dakan Industrial Zone, Nanshan District, Shenzhen, Guangdong Province, 518055 China

Shenzhen Kanger is to relocate its business/operations to other properties which possess the real property ownership certificates within one (1) year from the approval date.

Shenzhen Kanger had, in September 2014, relocated to its new premises at No. 3/F, Building B1, Nanshan Zhiyuan, 1001 Xueyuan Avenue, Nanshan District, Shenzhen, Guangdong Province, 518055 China (“New Premises”).

The lessor of the New Premises, Shenzhen Nanshan District Property Management Office (深圳市南山区物业管理办公室), which is part of the Nanshan District Government, has covenanted to Shenzhen Kanger that the New Premises complies/will comply with all applicable laws and regulations and has/will have the necessary approvals by the local authorities and/or the property ownership certificate.

2.

Room 268B and 278B, 2nd

Floor, Le'Anju Xinzhou, Store Interchange of Fuqiang Road and Shazui Road, Futian District, Shenzhen, Guangdong Province, 508048 China

Shenzhen Kanger is to relocate its business/operation to other properties which possess the real property ownership certificates upon the expiration of the existing tenancy.

The existing tenancy agreement was not renewed upon its expiration on 31 July 2014, and Shenzhen Kanger has since ceased operation of its KAR Masterpiece store in this property.

Following from the above, the Company is deemed to have complied with the conditions imposed by Bursa Securities.

This announcement is dated 31 December 2014.



AMPROP - Changes in Sub. S-hldr's Int. (29B) - Tan Sri Azman Hashim

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAMCORP PROPERTIES BERHAD  
Stock Name AMPROP  
Date Announced31 Dec 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAP-141230-11EC6

Particulars of substantial Securities Holder

NameTan Sri Azman Hashim
Address2 Jalan Teberau 1
Ukay Heights
68000 Ampang
NRIC/Passport No/Company No.390717-10-5069
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderTan Sri Azman Hashim
2 Jalan Teberau 1
Ukay Heights
68000 Ampang

Amcorp Group Berhad
2-01, Block B, Amcorp Tower
Amcorp Trade Centre
No. 18 Jalan Persiaran Barat
46050 Petaling Jaya
Selangor Darul Ehsan

EB Nominees (Tempatan) Sdn Bhd - Pledged securities account for Amcorp Group Berhad (KLM)
Level 5 Wisma Hong Leong
18 Jalan Perak
50450 Kuala Lumpur

BBL Nominees (Tempatan) Sdn Bhd - Pledged securities account for Amcorp Group Berhad
105 Jalan Tun H.S. Lee
50000 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired24/12/2014
117,300
 

Circumstances by reason of which change has occurredDeemed Interest - Acquisition of ordinary shares
Nature of interestDirect and Indirect
Direct (units)158,359 
Direct (%)0.03 
Indirect/deemed interest (units)419,225,945 
Indirect/deemed interest (%)70.62 
Total no of securities after change419,384,304
Date of notice30/12/2014

Remarks :
The date of change is for the period from 24 December 2014 to 30 December 2014.

The Form 29B was received by the Company on 31 December 2014.


AMPROP - Changes in Sub. S-hldr's Int. (29B) - Amcorp Group Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAMCORP PROPERTIES BERHAD  
Stock Name AMPROP  
Date Announced31 Dec 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAP-141230-11E9D

Particulars of substantial Securities Holder

NameAmcorp Group Berhad
Address2-01, Block B, Amcorp Tower
Amcorp Trade Centre
No. 18, Jalan Persiaran Barat
46050 Petaling Jaya
Selangor Darul Ehsan
NRIC/Passport No/Company No.1166-T
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderAmcorp Group Berhad
2-01, Block B, Amcorp Tower
Amcorp Trade Centre
No. 18, Jalan Persiaran Barat
46050 Petaling Jaya
Selangor Darul Ehsan

EB Nominees (Tempatan) Sdn Bhd - Pledged securities account for Amcorp Group Berhad (KLM)
Level 5 Wisma Hong Leong
18 Jalan Perak
50450 Kuala Lumpur

BBL Nominees (Tempatan) Sdn Bhd - Pledged securities account for Amcorp Group Berhad
105 Jalan Tun H.S. Lee
50000 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired24/12/2014
117,300
 

Circumstances by reason of which change has occurredAcquisition of ordinary shares
Nature of interestDirect
Direct (units)419,225,945 
Direct (%)70.62 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change419,225,945
Date of notice30/12/2014

Remarks :
The date of change is for the period from 24 December 2014 to 30 December 2014.

The Form 29B was received by the Company on 31 December 2014.


AMPROP - Changes in Sub. S-hldr's Int. (29B) - Clear Goal Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAMCORP PROPERTIES BERHAD  
Stock Name AMPROP  
Date Announced31 Dec 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAP-141230-11EC1

Particulars of substantial Securities Holder

NameClear Goal Sdn Bhd
Address2-01, Block B, Amcorp Tower
Amcorp Trade Centre
No. 18, Jalan Persiaran Barat
46050 Petaling Jaya
Selangor Darul Ehsan
NRIC/Passport No/Company No.736317-V
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderAmcorp Group Berhad
2-01, Block B, Amcorp Tower
Amcorp Trade Centre
No.18, Jalan Persiaran Barat
46050 Petaling Jaya
Selangor Darul Ehsan

EB Nominees (Tempatan) Sdn Bhd - Pledged securities account for Amcorp Group Berhad (KLM)
Level 5 Wisma Hong Leong
18 Jalan Perak
50450 Kuala Lumpur

BBL Nominees (Tempatan) Sdn Bhd - Pledged securities account for Amcorp Group Berhad
105 Jalan Tun H.S. Lee
50000 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired24/12/2014
117,300
 

Circumstances by reason of which change has occurredDeemed interest pursuant to Section 6A(4)(c) of the Companies Act, 1965 - Acquisition of ordinary shares
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)419,225,945 
Indirect/deemed interest (%)70.62 
Total no of securities after change419,225,945
Date of notice30/12/2014

Remarks :
The date of change is for the period from 24 December 2014 to 30 December 2014.

The Form 29B was received by the Company on 31 December 2014.


AMBANK - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoAH-141231-45346

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionAMMB Holdings Berhad ("AMMB" or "the Company") wishes to inform that the Company had on 31 December 2014, received notification from Y Bhg Datuk Mohamed Azmi bin Mahmood, the Deputy Group Managing Director of the Company in relation to his dealing in the ordinary shares of AMMB, as follows:

Date

Transacted

Opening

Balance

No. of Shares

Acquired/(Disposed)

% of Shares

Transacted

Consideration

Closing

Balance

% of Share Held

after Transaction

31 December 2014

400,000

(25,000)

Negligible

RM6.6084

375,000

0.012

This announcement is dated 31 December 2014.



GOB - Profile for Warrants

Announcement Type: Listing Information & Profile
Company NameGLOBAL ORIENTAL BERHAD  
Stock Name GOB-WA  
Date Announced31 Dec 2014  
CategoryListing Information & Profile
Reference NoMB-141229-56976

Instrument TypeWarrants
DescriptionFree detachable warrants (“Warrants”) issued pursuant to the renounceable rights issue of 227,338,321 new ordinary shares of RM0.50 each in Global Oriental Berhad ("GOB") (“Rights Share(s)”) together with 113,669,160 free Warrants 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 (“Share(s)”) held as at 5.00 p.m. on 2 December 2014 (“Rights Issue with Warrants”)  
Listing Date02/01/2015
Issue Date26/12/2014
Issue/ Ask PriceNot Applicable
Issue Size IndicatorUnit
Issue Size in Unit113,669,147
Maturity Date24/12/2019
Revised Maturity Date 
Exercise/ Conversion Period5.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion PriceMYR 0.8000
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio1 Warrant : 1 Share
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion priceCash
Settlement Type/ Convertible intoPhysical (Shares)

Remarks :
The Warrants are issued free to the subscribers of the Rights Issue with Warrants on the basis of two (2) Rights Shares together with one (1) free Warrants for every two (2) existing Shares held as at 5.00 p.m. on 2 December 2014.

Each Warrant entitles the holder to subscribe for one (1) new Share at the exercise price of RM0.80, which shall be satisfied in cash, at any time during the exercise period indicated above, subject to the adjustments in accordance with the provisions of the deed poll dated 19 November 2014. Any Warrants not exercised during the exercise period will thereafter lapse and cease to be valid for any purpose.


This announcement is dated 31 December 2014.


PARAMON - OTHERS Acquisition of shelf company

Announcement Type: General Announcement
Company NamePARAMOUNT CORPORATION BERHAD  
Stock Name PARAMON  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoPC-141231-AF363

TypeAnnouncement
SubjectOTHERS
DescriptionAcquisition of shelf company

Paramount Corporation Berhad (Paramount) wishes to announce that Paramount had on even date acquired a shelf company known as Lagun Pertiwi Sdn Bhd (LPSB).

LPSB was incorporated in Malaysia on 10 December 2014 as a private limited company under the Companies Act, 1965 and is currently a dormant company. LPSB has an authorised share capital of RM400,000/- divided into 400,000 ordinary shares of RM1/- each and an issued and paid up share capital of RM2/- comprising two ordinary shares of RM1/- each.

None of the Directors and/or substantial shareholders of Paramount or persons connected with them has any interest, whether direct or indirect, in the aforesaid acquisition.

 



TDM - 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 NameTDM BERHAD  
Stock Name TDM  
Date Announced31 Dec 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-141231-186A4

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 RM0.20 each
Name & address of registered holderKumpulan Wang Persaraan (Diperbadankan)
Aras 4, 5 & 6, Menara Yayasan Tun Razak
200 Jalan Bukit Bintang
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired22/12/2014
5,159,700
 
Acquired23/12/2014
3,000,000
 

Circumstances by reason of which change has occurredPurchase of shares in open market
Nature of interestDirect
Direct (units)81,547,600 
Direct (%)5.5 
Indirect/deemed interest (units)10,044,900 
Indirect/deemed interest (%)0.68 
Total no of securities after change91,592,500
Date of notice30/12/2014

Remarks :
Notice received on 30 December 2014


MMCCORP - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameMMC CORPORATION BERHAD  
Stock Name MMCCORP  
Date Announced31 Dec 2014  
CategoryGeneral Announcement
Reference NoMC-141231-A9B11

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionLEGAL PROCEEDINGS AGAINST ALMIYAH ATTILEMCANIA SPA (“AAS”) AN ASSOCIATE COMPANY OF MALAKOFF CORPORATION BERHAD (“MCB”) IN CONNECTION WITH SEA WATER DESALINATION PLANT IN THE DISTRICT OF TLEMCEN, ALGERIA (“LEGAL PROCEEDINGS”)

We refer to our announcements of 12 November 2014, 19 November 2014, 27 November 2014, 4 December 2014, 11 December 2014 and 26 December 2014 respectively.

MMC Corporation Berhad (“MMC”) wishes to announce that MCB had been informed by AAS solicitors on 30 December 2014 that the lower court of Ghazouet (“Court”) in the district of Tlemcen has imposed a penalty of DZD3,929,038,151.36 (approximately US$44.6 million at the exchange rate of US$1=DZD88) on AAS in respect of the Legal Proceedings (“Penalty”).

AAS has been advised by its solicitors that the Penalty would not be enforced until the exhaustion of all rights to appeal by AAS in respect of the Legal Proceedings. AAS had filed an appeal against the decision of the Court to the Algerian Court of Appeal.

The Penalty is not expected to have any material impact on the earnings of the MMC Group for the financial years ending 31 December 2014 and 31 December 2015.

MMC will make further announcement if there are any material developments in respect of the Legal Proceedings.

This announcement is dated 31 December 2014.



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