ATLAN - PUBLIC SHAREHOLDINGS SPREAD
| Company Name | ATLAN HOLDINGS BERHAD |
| Stock Name | ATLAN |
| Date Announced | 14 Jan 2015 |
| Category | General Announcement |
| Reference No | CS-150107-35577 |
| Type | Announcement |
| Subject | PUBLIC SHAREHOLDINGS SPREAD |
| Description | ATLAN HOLDINGS BHD. ("AHB" OR THE "COMPANY") - Public Shareholding Spread Requirement |
Pursuant to paragraph 8.02 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Listing Requirements"), the Company wishes to inform Bursa Malaysia Securities Berhad ("Bursa Securities") that the Company’s public shareholding spread as at 31 December 2014 were as follows: - Number of Public Shareholders :
1,030 In this regard, Bursa Securities had vide its letter dated 30 December 2014 granted the Company a further extension of time of approximately six (6) months until 26 June 2015 to comply with the public shareholding spread requirement. The Company will continue to monitor the level of public shareholding spread and make requisite announcement through its adviser, Affin Hwang Investment Bank Berhad (formerly known as HwangDBS Investment Bank Berhad) on the status of its implementation of the private placement exercise in accordance with the Listing Requirements. This announcement is dated
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AASIA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | ASTRAL ASIA BERHAD |
| Stock Name | AASIA |
| Date Announced | 14 Jan 2015 |
| Category | General Announcement |
| Reference No | AA-150114-57875 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | VOLUNTARY ANNOUNCEMENT PROPOSED ACQUISITION OF PROPERTY BY TASJA SDN BHD |
1. INTRODUCTION The Board of Directors of Astal Asia Berhad (“the Company”) wishes to announce that Tasja Sdn Bhd (“TSB”), a wholly-owned subsidiary of the Company had entered into a Sale and Purchase Agreement (“SPA”) with Siti Haja Binti M. Eusuff & Zaiton Binti M. Eusuff (“the Vendors”) in relation to the acquisition of a single storey bungalow created on a piece of freehold land held under Individual Title Geran 32941, Lot 212 Seksyen 96 in the Town and District of Kuala Lumpur and State of Wilayah Persekutuan KL measuring approximately 8,752 square feet in area and bearing postal address at No. 16, Lorong Maarof, Bangsar, 59200 Kuala Lumpur (“the Property”) for a total purchase consideration of RM7,500,000.00 (“Proposed Acquisition”). 2. DETAILS OF THE PROPOSED ACQUISITION 2.1 INFORMATION ON THE PURCHASER TSB was incorporated in Malaysia on 20th December 1990 under the Companies Act, 1965 (“Act”) as a private limited company. TSB is principally involved in civil engineering and building construction. The authorised share capital and the paid-up capital of TSB is RM10,000,000.00 divided into 10,000,000 ordinary shares of RM1.00 each. 2.2 INFORMATION ON THE PROPERTY Details of the Property are as follows: Restriction: There is no restriction in interest on the Individual Title to the said Property and has an express condition which stipulates, “The proprietor shall within two years from the date of registration of this grant or within such further term as may be approved by the Ruler in Council build upon the land hereby alienated a building or buildings of at type and to a plan to be approved by the President, Municipal Council, Kuala Lumpur and shall thereafter maintain the same in good order and condition to the satisfaction of the Ruler in Council and except with the express permission of the said Ruler, the land shall be used for no other purpose. Tenure of the Land: Freehold Category of land use: Building Proposed use of the Property: Subject to approval by the relevant authorities, TSB intends to develop the Property into a multi-storey commercial building located at the exclusive address of Lorong Maarof, Bangsar, Kuala Lumpur. 3. BASIS OF ARRIVING AT THE PURCHASE CONSIDERATION The Purchase Consideration was arrived at on a “willing-buyer willing-seller” basis after taking into consideration the indicative market value of RM7,500,000 as appraised by the independent valuer namely, Raine & Horne International Zaki + Partners Sdn Bhd on 13th November 2014. 4. EFFECTS OF THE PROPOSED ACQUISITION 4.1 Share Capital and Major Shareholders’ Shareholdings As the purchase consideration pursuant to the Proposed Acquisition shall be satisfied entirely via cash & bank borrowings, the Proposed Acquisition will have no effect on the issued and paid-up share capital of the Company as well as the shareholdings of its major shareholders. 4.2 Earnings per Share The Proposed Acquisition will not have any material effect on the earnings per share of the Company for the financial year ending 31st December 2014. 4.3 Net Assets per Share The Proposed Acquisition will not have any material effect on the net assets per share of the Company for the financial year ending 31st December 2014. 4.4 Gearing The Proposed Acquisition will not have any material effect to the gearing of the Company for the financial year ending 31st December 2014. 5. SOURCE OF FUNDING The purchase consideration is expected to be funded via 85% bank borrowings and the remainder from internally generated funds. 6. SALIENT TERMS OF SPA The salient terms of the SPA include, inter-alia, the following:- (a) The Property is acquired on an “as is where is” basis from the Vendors free from encumbrances and with vacant possession. (b) The purchase consideration shall be payable in the following manner:- i) The Purchaser shall pay to the Vendor a sum of RM750,000.00 being 10% of the purchase consideration upon execution of the SPA (“the Deposit Sum”); ii) The Purchaser shall pay the balance purchase price of RM6,750,000.00 (“the Balance Sum”) to the Vendor’s Solicitors as Stakeholders with NINETY (90) DAYS from the date of SPA (“the Completion Date”). All payments paid for and on behalf of the Purchaser towards the account of the Purchase Price and received by the Vendor’s Solicitors as Stakeholders shall be deemed paid to and received by the Vendor even though such payments may not be immediately released to the Vendors; and iii) In the event the Balance Sum shall remain unpaid by the Completion Date, the Vendor shall grant to the Purchaser an extension of THIRTY (30) DAYS from the expiry of the Completion Date (hereinafter referred to as “the Extended Completion Date”) to pay the Balance Sum, subject that the Purchaser shall be liable to pay to the Vendor interest at the rate of EIGHT per centum (8%) per annum calculated on a day to day basis on the Balance Sum after the expiry of the Completion Date to the date of full payment of the Balance Sum which is to be paid together with the Balance Sum. 7. APPROVALS REQUIRED 8. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS None of the Directors and/or major shareholders of the Company and/or persons connected with them have any interest, direct or indirect, in the Proposed Acquisition. 9. BOARD OF DIRECTORS’ STATEMENT The Board of Directors of the Company, after taking into consideration all the relevant factors and after deliberation, is of the opinion that the Proposed Acquisition is in the best interest of the Company and group. The Board is of the opinion that the Proposed Acquisition is fair, reasonable and on normal commercial terms and are not detrimental to the interest of the minority shareholders. 10. ESTIMATED TIME FRAME FOR COMPLETION The Proposed Acquisition is expected to be completed within NINETY (90) DAYS from the date of the SPA. 11. PERCENTAGE RATIO APPLICABLE Percentage ratios as per Chapter 10 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad in respect of the Proposed Acquisitions are below 5%. 12. DOCUMENTS FOR INSPECTION The SPA will be made available for inspection at the registered office of the Company at Level 12, Menara TSR, No. 12, Jalan PJU 7/3, Mutiara Damansara, 47810 Petaling Jaya, Selangor Darul Ehsan during normal office hours from Monday to Friday (except Public Holidays) for a period of three (3) months from the date of this announcement. This announcement is dated 14th January 2015. | |
ABRIC - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | ABRIC BERHAD |
| Stock Name | ABRIC |
| Date Announced | 14 Jan 2015 |
| Category | General Announcement |
| Reference No | CK-150114-85578 |
| Type | Announcement | ||||||||||||||||||||||||||||||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||||||||||||||||||||||||||||||||||||
| Description | EXERCISE OF WARRANT 2011/2016 AND ACQUISITION OF SHARES BY DIRECTORS OF ABRIC BERHAD ("ABRIC") | ||||||||||||||||||||||||||||||||||||||||||||||
Pursuant to Chapter 14 of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Directors of Abric have given notices of their dealings in the securities of Abric as set out below:-
Remarks:-
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ABRIC - PRACTICE NOTE 16 / GUIDANCE NOTE 2:MONTHLY ANNOUNCEMENT
| Company Name | ABRIC BERHAD |
| Stock Name | ABRIC |
| Date Announced | 14 Jan 2015 |
| Category | General Announcement |
| Reference No | CK-150114-43004 |
| Type | Announcement |
| Subject | PRACTICE NOTE 16 / GUIDANCE NOTE 2 MONTHLY ANNOUNCEMENT |
| Description | ABRIC BERHAD (“ABRIC” OR “THE “COMPANY”) MONTHLY ANNOUNCEMENT PURSUANT TO PRACTICE NOTES 16 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
The Board of Directors of ABRIC wishes to inform that the Company is still in the midst of formulating its regularisation plan. Any further development on the regularisation plan will be announced accordingly. | |
YONGTAI - Change in Audit Committee
| Company Name | YONG TAI BERHAD |
| Stock Name | YONGTAI |
| Date Announced | 14 Jan 2015 |
| Category | Change in Audit Committee |
| Reference No | CC-150106-FEBBC |
| Date of change | 06/01/2015 |
| Name | Subramaniam A/L A. V.Sankar |
| Age | 65 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Malaysian Institute of Accountants (MIA) Malaysian Institute of Certified Public Accountants (MICPA) |
| Working experience and occupation | 1) Partner of HALS Associate (1989 until current) 2) Proprietor of Sankar & Co. (1983 - 1989) 3) Financial Controller of International Planned Parenthood Federation (1979 - 1983) 4) Manager of Price Waterhouse (1969 - 1979) |
| Directorship of public companies (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Composition of Audit Committee (Name and Directorate of members after change) | Chairman - Subramaniam A/L A. V.Sankar (Independent Non-Executive Director) Member - Datuk Hj. Amil @ Amir Bin Junus (Independent Non-Executive Director) Member - See Thiam Chya (Independent Non-Executive Director) |
YONGTAI - Change in Boardroom
| Company Name | YONG TAI BERHAD |
| Stock Name | YONGTAI |
| Date Announced | 14 Jan 2015 |
| Category | Change in Boardroom |
| Reference No | CC-150102-D6744 |
| Date of change | 15/12/2014 |
| Name | Datuk Ng Bee Ken |
| Age | 60 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Qualifications | - Master of Law degree from King's College, University of London in 1986 - Bachelor of Law (Honours) degree from University of Wales, Cardiff in 1983 - Certified Mediator of the Malaysian Mediation Centre - Master of Science (Corporate Communication) degree from Universiti Putra Malaysia. |
| Working experience and occupation | 1) Managing Partner of Azri, Lee Swee Seng & Co (2010 until current) 2) Partner of Paul Ong & Associates (1992 - 1997) 3)Associate of KC Yap, Kamaruddin & Partners (1987-1992) |
| Directorship of public companies (if any) | 1. Sinotop Holdings Bhd 2. Widetech (Malaysia) Bhd 3. OpenSys(M) Bhd 4. Talam Transform Bhd |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
GSB - GENERAL MEETINGS: NOTICE OF MEETING
| Company Name | GSB GROUP BERHAD |
| Stock Name | GSB |
| Date Announced | 14 Jan 2015 |
| Category | General Meetings |
| Reference No | ML-150113-74964 |
| Type of Meeting | EGM |
| Indicator | Notice of Meeting |
| Description | On behalf of the Board of Directors of GSB Group Berhad, we wish to announce that an Extraordinary General Meeting of the Company will be held at No. 9, Jalan 3/91A, Taman Shamelin Perkasa, Cheras 56100 Kuala Lumpur on Friday, 30 January 2015 at 10.00 a.m. or any adjournment thereof. The Notice of EGM is enclosed herewith. This announcement is dated 14 January 2015. |
| Date of Meeting | 30/01/2015 |
| Time | 10:00 AM |
| Venue | No. 9, Jalan 3/91A, Taman Shamelin Perkasa, Cheras 56100 Kuala Lumpur |
| Date of General Meeting Record of Depositors | 22/01/2015 |
UNIMECH - Notice of Shares Buy Back - Immediate Announcement
| Company Name | UNIMECH GROUP BERHAD |
| Stock Name | UNIMECH |
| Date Announced | 14 Jan 2015 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | UG-150114-63259 |
| Remarks : |
| The total amount paid for the shares purchased is inclusive of brokerage, clearing house fee and stamp duty. |
NICE - Notice of Interest Sub. S-hldr (29A) - RHB BANK BERHAD (Amended Announcement)
| Company Name | NICHE CAPITAL EMAS HOLDINGS BERHAD |
| Stock Name | NICE |
| Date Announced | 14 Jan 2015 |
| Category | Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965 |
| Reference No | CC-150114-542E8 |
Particulars of Substantial Securities Holder
| Name | RHB BANK BERHAD |
| Address | LEVEL 10, TOWER ONE, RHB CENTRE, 50400 JALAN TUN RAZAK KUALA LUMPUR |
| NRIC/Passport No/Company No. | 6171M |
| Nationality/Country of incorporation | MALAYSIA |
| Descriptions (Class & nominal value) | Ordinary share of RM0.10 each |
| Name & address of registered holder | RHB Capital Nominees (Tempatan) Sdn Bhd 10th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur |
| Remarks : |
| 1. The Nature of interest should read as "Direct interest" instead of "Indirect interest". 2. This notice was received on 14 January 2015. 3. This amended announcement will supersede the announcement dated 14 January 2015. |
LBICAP - Changes in Director's Interest (S135) - RAYMOND NG YEW FOONG
| Company Name | LBI CAPITAL BERHAD |
| Stock Name | LBICAP |
| Date Announced | 14 Jan 2015 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CN-150114-3FB6D |
Information Compiled By KLSE
Particulars of Director
| Name | RAYMOND NG YEW FOONG |
| Address | 6A, JALAN PERMATA 7/1, 40000 SHAH ALAM, SELANGOR DARUL EHSAN |
| Descriptions(Class & nominal value) | Ordinary Shares of RM1.00 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 3,120,000 | 1.150 | |
Acquired | 3,120,000 | 1.150 |
| Circumstances by reason of which change has occurred | Disposed-Married Deal by Ng Tiong Seng Corporation Sdn. Bhd. Acquired-Deemed interest by virtue of person connected |
| Nature of interest | Indirect |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | |
| Direct (%) | |
| Indirect/deemed interest (units) | 42,476,729 |
| Indirect/deemed interest (%) | 58.04 |
| Date of notice | 14/01/2015 |
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