N2N - Notice of Shares Buy Back - Immediate Announcement
| Company Name | N2N CONNECT BERHAD (ACE Market) |
| Stock Name | N2N |
| Date Announced | 4 Dec 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CM-141204-88B83 |
MAS - OTHERS MALAYSIAN AIRLINE SYSTEM BERHAD (“MAS” OR “COMPANY”) SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE PURSUANT TO SECTIONS 60 AND 64 OF THE COMPANIES ACT, 1965 (“ACT”)(“SCR”)
| Company Name | MALAYSIAN AIRLINE SYSTEM BERHAD |
| Stock Name | MAS |
| Date Announced | 4 Dec 2014 |
| Category | General Announcement |
| Reference No | MM-141204-61258 |
| Type | Announcement |
| Subject | OTHERS |
| Description | MALAYSIAN AIRLINE SYSTEM BERHAD (“MAS” OR “COMPANY”) SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE PURSUANT TO SECTIONS 60 AND 64 OF THE COMPANIES ACT, 1965 (“ACT”)(“SCR”) |
We refer to the past
announcements in relation to the SCR. On
behalf of the Board of Directors of MAS, CIMB Investment Bank Berhad wishes to
announce that a written notice of the suspension of trading of the ordinary
shares of RM0.10 each in MAS and entitlement date in respect of the SCR (“Notice”)
will be despatched to the shareholders of MAS on 5 December 2014. Further
details on the advertisement of the Notice are set out in the attachment below. This announcement is dated 4 December 2014.
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WASEONG - Notice of Shares Buy Back - Immediate Announcement
| Company Name | WAH SEONG CORPORATION BERHAD |
| Stock Name | WASEONG |
| Date Announced | 4 Dec 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CC-141204-2D456 |
GWPLAST - PRACTICE NOTE 17 / GUIDANCE NOTE 3:REGULARISATION PLAN
| Company Name | GW PLASTICS HOLDINGS BERHAD |
| Stock Name | GWPLAST |
| Date Announced | 4 Dec 2014 |
| Category | General Announcement |
| Reference No | MI-141204-68018 |
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN |
| Description | GW PLASTICS HOLDINGS BERHAD (“GW PLASTICS” OR THE “COMPANY”) (I) PROPOSED CONSOLIDATION; (II) PROPOSED ACQUISITION; (III) PROPOSED EXEMPTION; (IV) PROPOSED RENUNCIATION OF SHARES; (V) PROPOSED PRIVATE PLACEMENT; (VI) PROPOSED VENDORS’ RESTRICTED OFFER FOR SALE; (VII) PROPOSED BUMIPUTERA ISSUE; (VIII) PROPOSED ADDITIONAL RENUNCIATION OF SHARES; (IX) PROPOSED VENDORS’ RESTRICTED OFFER FOR SALE TO SHAREHOLDERS; (X) PROPOSED IASC; (XI) PROPOSED AMENDMENT; AND (XII) PROPOSED CHANGE OF NAME. (COLLECTIVELY, THE “PROPOSED REGULARISATION PLAN”). |
Unless otherwise defined, the abbreviations and definitions used in the announcements of the Company dated 9 January 2014, 18 February 2014, 24 July 2014 and 10 November 2014 in relation to the Proposed Regularisation Plan of the Company shall apply herein (collectively, the “Previous Announcements”). We refer to the Previous Announcements in relation to the Proposed Regularisation Plan. RHB Investment Bank, on behalf of the Board, wishes to announce that the SC has, vide its letter dated 2 December 2014, which was received by RHB Investment Bank on 4 December 2014, approved in-principle the application for the Proposed Regularisation Plan of GW Plastics under subsection 214(1) of the CMSA pending the submission of the revised terms of the Proposed Regularisation Plan for the SC’s consideration and final approval, and subject to the conditions as set out therein. The Purchase Consideration, as submitted to the SC, for the Proposed Acquisition was based on, amongst others, the market values of the real properties of the Enlarged MCTCB Group as assessed by the independent valuers (jointly appointed by MCTCB and GW Plastics). The independent valuers however, have subsequently revised the parameters used in arriving at their valuations for certain properties, resulting in the market values of these properties being revised downwards, which will in turn affect the terms of the Proposed Acquisition and may potentially affect the terms of the rest of the Proposed Regularisation Plan. The SC has therefore, required that the revised terms of the Proposed Regularisation Plan be submitted. The approval from the SC is subject to the following conditions: 1. GW Plastics to allocate at least 12.5% of its enlarged issued and paid-up share capital to Bumiputera investors, as part of the Proposed Regularisation Plan; 2. RHB Investment Bank / GW Plastics to comply with the following with regard to GW Plastics’ properties: (a) the associated risks and the legal opinions on the issue relating to the legal interest of the accessory parcels be disclosed in the circular to shareholders of GW Plastics (“Circular”); (b) the terms and conditions of issuance of the ICULS in GW Plastics be further verified by RHB Investment Bank and adequately disclosed in the Circular; (c) the nominal value of the ICULS which is based on the market values of the accessory parcels be revised given that the market values of the accessory parcels have been revised; (d) with regards to Sky-Park @ OneCity, The Place @ OneCity and The Square @ OneCity, GW Plastics / RHB Investment Bank are to: (i) make half-yearly announcement to Bursa Securities on the status of the strata title plans every 6 months from the date of the SC’s approval for the Proposed Regularisation Plan; and (ii) update the SC when such announcement is made. (e) with regards to CyberSouth (formerly known as E-Green City), GW Plastics / RHB Investment Bank are to: (i) make half-yearly announcement to Bursa Securities on the status of the land reclamation works and the application for developments approvals every 6 months from the date of the SC’s approval for the Proposed Regularisation Plan; and (ii) update the SC when such announcement is made. 3. Tan Sri Dato’ Goh Ming Choon to provide an undertaking that so long as he remains a promoter, controlling shareholder and/or key management of the restructured GW Plastics group, he will not be involved, either directly or indirectly, in promoting, controlling or managing any material property development or investment company, project or activity outside the restructured GW Plastics group; 4. RHB Investment Bank / GW Plastics to make full disclosure in the Circular on the following: (a) the potential conflict of interest on the part of RHB Investment Bank in granting the bridging loan to OneCity Properties Sdn. Bhd. as well as any bid for the placement shares in GW Plastics by the related companies of RHB Investment Bank, and the relevant mitigating measures; (b) the significant impact of the gain on disposal of the corporate office tower en-bloc on the Enlarged MCTCB Group’s profits for the FYE 30 June 2014, whether it was the Enlarged MCTCB Group’s first time selling an office tower en-bloc to external parties and the reasons for the Enlarged MCTCB Group’s strategy to sell properties en-bloc, and (c) the Enlarged MCTCB Group will be subjected to a tax penalty for the under-recognition of tax; 5. the reviews undertaken by the proposed Audit and Risk Management Committee of the restructured GW Plastics group on the procedures set to monitor related-party transactions be reported in the quarterly announcements to Bursa Securities; 6. RHB Investment Bank and GW Plastics, where applicable, to comply with the standard conditions and continuing obligations as stipulated in the SC's Guidelines on Private Debt Securities; and 7. RHB Investment Bank and GW Plastics to fully comply with the requirements of the SC’s Equity Guidelines and Prospectus Guidelines, and Bursa Securities’ Main Market Listing Requirements, pertaining to the implementation of the Proposed Regularisation Plan. This announcement is dated 4 December 2014. | |
BENALEC - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):OTHER ISSUE OF SECURITIES
| Company Name | BENALEC HOLDINGS BERHAD |
| Stock Name | BENALEC |
| Date Announced | 4 Dec 2014 |
| Category | General Announcement |
| Reference No | ML-141201-38149 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
| Description | BENALEC HOLDINGS BERHAD (“BENALEC” OR THE “COMPANY”) PROPOSED ISSUANCE OF UP TO RM200 MILLION NOMINAL VALUE OF 7-YEAR REDEEMABLE CONVERTIBLE SECURED BONDS (“PROPOSED CB ISSUE”) |
This announcement should be read in conjunction with the earlier announcements made on 12 September 2014, 10 October 2014 and 14 November 2014. Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the announcement dated 12 September 2014. On behalf of the Board of Directors of Benalec, HLIB wishes to announce that Bursa Securities has, via its letter dated 4 December 2014, approved the listing and quotation of up to 800,000,000 new Benalec Shares to be issued pursuant to the conversion of the CB in respect of the Proposed CB Issue. The approval by Bursa Securities for the above is subject to the following conditions: (i) Benalec must comply with public shareholding spread requirement pursuant to Paragraph 8.02(1) of Main Market Listing Requirements of Bursa Securities upon completion of the Proposed CB Issue; (ii) Benalec and HLIB must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Proposed CB Issue; (iii) Benalec and HLIB to inform Bursa Securities upon the completion of the Proposed CB Issued; (iv) Benalec to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed CB Issue is completed; and (v) To furnish a certified true copy of the resolution passed by shareholders at the extraordinary general meeting for the Proposed CB Issue. This announcement is dated 4 December 2014.
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ARMADA - Changes in Sub. S-hldr's Int. (29B) - Dato' Ahmad Fuad bin Md Ali ("Dato' Fuad")
| Company Name | BUMI ARMADA BERHAD |
| Stock Name | ARMADA |
| Date Announced | 4 Dec 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | BA-141204-EE906 |
Particulars of substantial Securities Holder
| Name | Dato' Ahmad Fuad bin Md Ali ("Dato' Fuad") |
| Address | No. 51, Jalan San Ah Wing Off Lorong Gurney 54100 Kuala Lumpur |
| NRIC/Passport No/Company No. | 530202-07-5149 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.20 each in Bumi Armada Berhad ("BAB") ("BAB Shares") |
| Name & address of registered holder | Dato' Ahmad Fuad Bin Md. Ali No. 51, Jalan San Ah Wing Off Lorong Gurney 54100 Kuala Lumpur Wilayah Persekutuan |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 28/11/2014 | 1,150,000 | |
| Acquired | 01/12/2014 | 300,000 |
| Remarks : |
| The percentages of 0.03% and 7.07% above are based on the issued share capital of BAB of 5,866,269,344 as at 4 December 2014. This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder (Form 29B) dated 4 December 2014 received from Dato' Fuad by the Company on even date. |
BDB - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
| Company Name | BINA DARULAMAN BERHAD |
| Stock Name | BDB |
| Date Announced | 4 Dec 2014 |
| Category | General Announcement |
| Reference No | MI-141204-64488 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | BINA DARULAMAN BERHAD (“BDB” OR “COMPANY”) RENOUNCEABLE RIGHTS ISSUE OF NEW ORDINARY SHARES OF RM1.00 EACH IN BDB (“BDB SHARES”)(“RIGHTS SHARES”) TO RAISE GROSS PROCEEDS OF UP TO RM95 MILLION, TOGETHER WITH A BONUS ISSUE OF NEW BDB SHARES (“BONUS SHARES”)(“RIGHTS ISSUE”) |
Unless otherwise defined, the abbreviations and definitions used in the announcements of the Company dated 4 September 2014, 3 October 2014, 8 October 2014, 28 October 2014 and 24 November 2014 in relation to the Proposals shall apply herein (“Previous Announcements”). We refer to the Previous Announcements in relation to the Rights Issue. On behalf of the Board, RHB Investment Bank wishes to announce that the Board had resolved to fix the issue price of the Rights Share at RM1.30 per Rights Share at an entitlement basis of one Rights Share for every one existing BDB Share held by the entitled shareholders of BDB as at the entitlement date to be determined and announced later by the Board and one Bonus Share for every one Rights Share subscribed. The effective issue price of each Rights Share of RM0.65 (after taking into consideration the attached Bonus Share) represents a discount of approximately 42.0% to the theoretical ex-all price of BDB Shares of RM1.12 and approximately 68.8% to the five-day volume weighted average market price of BDB Shares up to and including 3 December 2014 of RM2.08 per BDB Share. Based on the 72,815,856 BDB Shares in issue as at 3 December 2014, the Rights Issue will result in the issuance of 72,815,856 Rights Shares and 72,815,856 Bonus Shares raising gross proceeds of RM94,660,612.80. This announcement is dated 4 December 2014. | |
BDB - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
| Company Name | BINA DARULAMAN BERHAD |
| Stock Name | BDB |
| Date Announced | 4 Dec 2014 |
| Category | General Announcement |
| Reference No | MI-141204-64798 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | BINA DARULAMAN BERHAD (“BDB” OR “COMPANY”) RENOUNCEABLE RIGHTS ISSUE OF 72,815,856 NEW ORDINARY SHARES OF RM1.00 EACH IN BDB (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM1.30 PER RIGHT SHARE, TOGETHER WITH A BONUS ISSUE OF 72,815,856 NEW BDB SHARES (“BONUS SHARES”) ON THE BASIS OF ONE RIGHTS SHARE FOR EVERY ONE EXISTING BDB SHARE HELD BY SHAREHOLDERS OF BDB ON THE ENTITLEMENT DATE AND ONE BONUS SHARE FOR EVERY ONE RIGHTS SHARE SUBSCRIBED (“RIGHTS ISSUE”) |
Unless otherwise defined, the abbreviations and definitions used in the announcements of the Company dated 4 September 2014, 3 October 2014, 8 October 2014, 28 October 2014, 24 November 2014 and 4 December 2014 in relation to the Rights Issue shall apply herein (“Previous Announcements”). We refer to the Previous Announcements in relation to the Rights Issue. On behalf of the Board, RHB Investment Bank wishes to announce that BDB had on 4 December 2014 executed an underwriting agreement with RHB Investment Bank for the underwriting of 33,136,863 Rights Shares (where no Subscription Undertaking is procured), representing approximately 45.5% of the total number of Rights Shares (“Underwriting Agreement”). The remaining 39,678,993 Rights Shares will be subscribed by PKNK pursuant to the Subscription Undertaking. A copy of the Underwriting Agreement will be made available for inspection at the Registered Office of BDB at Level 9, Menara BDB, 88, Lebuhraya Darulaman, 05100 Alor Setar, Kedah Darul Aman from Sundays to Thursdays (except public holidays) during business hours for a period of three months from the date of this announcement. This announcement is dated 4 December 2014. | |
AXIATA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 4 Dec 2014 |
| Category | General Announcement |
| Reference No | AG-141204-54777 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | ENTRY BY AXIATA DIGITAL ADVERTISING SDN BHD INTO SUBSCRIPTION AND SHAREHOLDERS’ AGREEMENT WITH ADKNOWLEDGE INTERNATIONAL, INC AND ADKNOWLEDGE ASIA PACIFIC PTE LTD |
1.0 INTRODUCTION 2.0 INFORMATION ON ADK AND AAP Founded in 2004, ADK is a multi-channel global digital marketing company that partners with brands, agencies and publishers to "Unlock Digital Audiences" through digital video, social media, apps/mobile, email and recommended content. Some of the registered trademarks of ADK include AdParlor, AdBistro, AdStation, TriVu Media and Giant Media. ADK is headquartered in Kansas City, Missouri, USA, with offices in New York, San Francisco, Los Angeles, Chicago, Detroit, Fort Myers and Toronto. The company has overseas offices in London, Paris, Munich, Singapore and S o Paulo. AAP is a private limited company incorporated in Singapore with registered office at 8 Marina Boulevard, #05-02 Marina Bay Financial Centre, Singapore 018981. AAP is currently a wholly owned subsidiary of ADK and has been designated as the joint venture company between ADA and ADK to pursue digital advertising in the Asia-Pacific (APAC) region. 3.0 SOURCES OF FUNDS The subscription by ADA of the shares in AAP will be funded through internally generated funds. 4.0 RATIONALE FOR THE ENTRY INTO THE SSA APAC is a fast-growing region in the digital marketing space and presents large growth opportunities for providers of digital advertising solutions and services. The partnership between Axiata Group’s Digital Services Unit and ADK will enable the capturing of the APAC growth opportunity through the synergistic combination of the core strengths, competencies and market assets of the respective organisations. ADK brings to the partnership its solid brand reputation, industry leading technology platforms, domain expertise in digital advertising and an already seeded APAC customer base. 5.0 FINANCIAL EFFECTS 6.0 APPROVAL OF SHAREHOLDERS None of the Directors and major shareholders of Axiata and/or persons connected to them have any interest direct and/or indirect in the SSA. This announcement is dated 4 December 2014. | |
AXIATA - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 4 Dec 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AG-141204-52623 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | 1) Employees Provident Fund Board ("EPF Board") Ibu Pejabat KWSP, Bangunan KWSP Jalan Raja Laut, 50350 Kuala Lumpur 2) Citigroup Nominees (Tempatan) Sdn Bhd (Citigroup) EPF Board 3) Citigroup EPF Board (AMUNDI) 4) Citigroup EPF Board (KIB) 5) Citigroup EPF Board (AFFIN-HWG) 6) Citigroup EPF Board (RHB INV) 7) Citigroup EPF Board (AM INV) 8) Citigroup EPF Board (MAYBAN) 9) Citigroup EPF Board (NOMURA) 10) Citigroup EPF Board (CIMB PRI) 11) Citigroup EPF Board (ARIM) 12) Citigroup EPF Board (TEMPLETON) 13) Citigroup EPF Board (ABERDEEN) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 01/12/2014 | 4,000,000 | |
| Disposed | 01/12/2014 | 1,000,000 | |
| Disposed | 01/12/2014 | 2,000,000 | |
| Disposed | 01/12/2014 | 300,000 |
| Remarks : |
| 1) The total number of 1,119,678,406 ordinary shares comprised of the following:- a) Citigroup EPF Board - 1,035,370,606 b) EPF Board - 3,332,900 c) Citigroup EPF Board (AMUNDI) - 5,363,250 d) Citigroup EPF Board (KIB) - 969,000 e) Citigroup EPF Board (AFFIN-HWG) - 2,893,475 f) Citigroup EPF Board (RHB INV) - 1,139,600 g) Citigroup EPF Board (AM INV) - 5,622,650 h) Citigroup EPF Board (MAYBAN) - 650,000 i) Citigroup EPF Board (NOMURA) - 43,421,300 j) Citigroup EPF Board (CIMB PRI) - 8,162,425 k) Citigroup EPF Board (ARIM) - 2,300,000 l) Citigroup EPF Board (TEMPLETON) - 4,303,200 m) Citigroup EPF Board (ABERDEEN - 6,150,000 2) Form 29B received on 4 December 2014 |
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