TMCLIFE - OTHERS TMC LIFE SCIENCES BERHAD PROPOSED EXPANSION PLAN AT TROPICANA MEDICAL CENTRE, KOTA DAMANSARA
Company Name | TMC LIFE SCIENCES BERHAD |
Stock Name | TMCLIFE |
Date Announced | 14 Jan 2015 |
Category | General Announcement |
Reference No | CA-150114-57084 |
Type | Announcement |
Subject | OTHERS |
Description | TMC LIFE SCIENCES BERHAD PROPOSED EXPANSION PLAN AT TROPICANA MEDICAL CENTRE, KOTA DAMANSARA |
1. INTRODUCTION The Board of Directors of TMC Life Sciences Berhad (“TMC” or “Company”) wishes to announce that the Group plans to expand the facilities at its flagship hospital, Tropicana Medical Centre at Kota Damansara (“Proposed Expansion Plan”). 2. PROPOSED EXPANSION PLAN Tropicana Medical Centre is currently operating at its premises erected on the 6 acres of land owned by Tropicana Medical Centre (M) Sdn Bhd (a wholly-owned subsidiary of TMC) located at Kota Damansara. The 6 acres of land can be converted to a maximum gross floor area (“GFA”) of approximately 1.1 million square feet (“sf”). To-date, only about 21% of the maximum GFA has been utilized and occupied by the current Tropicana Medical Centre. Demand for the medical services of Tropicana Medical Centre remains strong and it is now undertaking the renovations to increase its inpatient bed capacity by another 51 beds. When these renovations are completed, Tropicana Medical Centre will then have 190 inpatient beds. With the continuous strong demand for quality healthcare, the Group plans to expand Tropicana Medical Centre to become one of the largest integrated healthcare campus in the Klang Valley. The first phase of the Proposed Expansion Plan, subject to regulatory approval, which would involve the construction of a new block of building on 2.4 acres of the land, to house another 180 inpatient beds, 128,000 sf of specialist outpatient clinics, 5 additional operating theatres and 170,000 sf of commercial/retail space. The commercial/retail space will focus on offering healthcare products and services that patients will need. (“First Phase Proposed Expansion”) When the First Phase Proposed Expansion is completed, Tropicana Medical Centre will have 410 inpatient beds (includes additional 40 beds to be installed at existing building after relocation of certain facilities to the new building), 10 operating theatres and some 140,000 sf of space dedicated to outpatient services, offering comprehensive tertiary healthcare services, including one of the largest private IVF centres in South East Asia. After the completion of the First Phase Proposed Expansion, there would be subsequent phase to expand on the balance of the land. It is envisaged that, when the expansion plans on the whole 6 acres of land are fully completed, the entire integrated healthcare campus will host 550 acute hospital beds and another 100 long- stay beds or service apartments to serve patients families and patients who need some form of care post-discharge from the acute general hospital. Specialist outpatient clinics or suites will occupy a total floor area of 300,000 to 400,000 sf. The entire integrated healthcare campus will serve not just patients from the Klang Valley, but also patients from the whole Malaysia and the region. The Group intends to look at expansion beyond the planned integrated healthcare campus at Kota Damansara. 3. FIRST PHASE PROPOSED EXPANSION COST AND MODE OF FINANCING The total cost for the First Phase Proposed Expansion is expected to be in the region of RM250 million to RM300 million, which includes the construction on the new building and other capital expenditure on equipment and fittings. The Group intends to finance the First Phase Proposed Expansion via existing cash and bank balances and surplus of cash from existing operations. The cash and bank balances stood at RM190.8 million as at 31 December 2014, after the conversion of 397.1 million warrants which netted the conversion proceeds of RM158.9 million. The warrants had since expired on 22 December 2014. 4. TIME FRAME FOR THE FIRST PHASE PROPOSED EXPANSION The First Phase Proposed Expansion is expected to commence in the first half of 2016 and it will take approximately 4 years to complete. 5. EFFECTS OF THE FIRST PHASE PROPOSED EXPANSION 5.1 Share Capital and Substantial Shareholder’s Shareholding The financing for the First Phase Proposed Expansion does not involve any issuance of new shares in the Company and therefore will not have any effect on the share capital and substantial shareholder’s shareholding. 5.2 Earnings and Earnings Per Share The First Phase Proposed Expansion is not expected to have a material impact on the earnings or earnings per share of TMC for the financial year ending 31 May 2015. However, it is expected to enhance the earnings of the Group in the future years. As the First Phase Proposed Expansion is to be funded entirely from existing cash and bank balances and surplus funds to be generated from the existing operation, there would be no impact to total gearing of the Group. 6. DIRECTORS' AND MAJOR SHAREHOLDERS' INTEREST None of the Directors and/or major shareholders of TMC and/or persons connected to them, has any interest, direct or indirect, in the First Phase Proposed Expansion. 7. STATEMENT BY THE DIRECTORS The Board of Directors of TMC, having taken into consideration all aspects of the Proposed Expansion, is of the opinion that the Proposed Expansion would be in the best interest of TMC Group. 8. APPROVALS REQUIRED The Proposed Expansion is not subject to the approval of the shareholders. A press release in relation to the above proposed expansion plan is attached for information. This announcement is dated 14 January 2015. |
CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Company Name | CIMB FTSE ASEAN 40 MALAYSIA |
Stock Name | CIMBA40 |
Date Announced | 14 Jan 2015 |
Category | General Announcement |
Reference No | OB-150114-D451F |
Type | Announcement |
Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
Description | Fund: CIMB FTSE ASEAN 40 Malaysia Date: 14-Jan-2015 NAV per unit (RM): 1.7953 Units in circulation (units): 1,350,000.00 Management Fee (% p.a.): 0.00 Trustee Fee (% p.a.): 0.08 Index Licence Fee (% p.a.): 0.00 FTSE/ASEAN 40 Index: 10,416.87 |
CIMBC50 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Company Name | CIMB FTSE CHINA 50 |
Stock Name | CIMBC50 |
Date Announced | 14 Jan 2015 |
Category | General Announcement |
Reference No | OB-150114-D451A |
Type | Announcement |
Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
Description | Fund: CIMB FTSE China 50 Date: 14-Jan-2015 NAV per unit (RM): 1.2615 Units in circulation (units): 11,700,000.00 Management Fee (% p.a.): 0.60 Trustee Fee (% p.a.): 0.08 Index Licence Fee (% p.a.): 0.04 FTSE/Xinhua China 25 Index: 18,709.39 |
MISC - Change in Boardroom
Company Name | MISC BERHAD |
Stock Name | MISC |
Date Announced | 14 Jan 2015 |
Category | Change in Boardroom |
Reference No | MM-150114-EFF03 |
Date of change | 15/01/2015 |
Name | Dato’ Ab. Halim bin Mohyiddin |
Age | 68 |
Nationality | Malaysian |
Type of change | Appointment |
Designation | Chairman |
Directorate | Independent & Non Executive |
Qualifications | • Master in Business Administration, University of Alberta, Canada • Bachelor of Economics (Accounting), University of Malaya • Diploma in Accountancy (Post-Graduate), University of Malaya • Member of Malaysian Institute of Certified Public Accountants • Member of Malaysian Institute of Accountants |
Working experience and occupation | YBhg Dato’ Ab. Halim joined KPMG/KPMG Desa Megat & Co in 1977. He had his early accounting training both in Malaysia and the United States of America. He held various positions in KPMG and acted as receiver/manager and liquidator for several companies. He was made Partner of KPMG in 1985. At the time of his retirement on 1 October 2001, he was the Partner in Charge of the Assurance and Financial Advisory Services Divisions and was also responsible for the Secured e-Commerce Practice of the firm. |
Directorship of public companies (if any) | 1. PETRONAS Gas Berhad 2. Amway (Malaysia) Holdings Berhad 3. KNM Group Berhad 4. Digi.com Berhad |
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 | 5,000 ordinary shares in Malaysia Marine and Heavy Engineering Holdings Berhad |
Remarks : |
Gender - Male |
MEGB - Changes in Sub. S-hldr's Int. (29B) - Creador II LLC
Company Name | MASTERSKILL EDUCATION GROUP BERHAD |
Stock Name | MEGB |
Date Announced | 14 Jan 2015 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CM-150114-64768 |
Particulars of substantial Securities Holder
Name | Creador II LLC |
Address | IFS Court TwentyEight Cybercity Ebene Mauritius |
NRIC/Passport No/Company No. | C117134 C1/GBC |
Nationality/Country of incorporation | Mauritius |
Descriptions (Class & nominal value) | Ordinary shares of RM0.20 each |
Name & address of registered holder | Indirect: CIMB Group Nominees (Asing) Sdn. Bhd.for Arenga Pinnata Sdn. Bhd. Level 13, Menara CIMB, Jalan Stesen Sentral 2, Kuala Lumpur Sentral, 50470 Kuala Lumpur, Wilayah Persekutuan |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 13/01/2015 | 29,156,488 |
Remarks : |
The percentage of indirect interest excludes 33,817,900 Ordinary Shares of RM0.20 each bought back by Masterskill Education Group Berhad and retained as treasury shares. This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder from Creador II LLC dated 14/01/2015, received by the registered office of Masterskill Education Group Berhad on 14/01/2015. |
MEGB - Changes in Sub. S-hldr's Int. (29B) - Arenga Pinnata Sdn. Bhd.
Company Name | MASTERSKILL EDUCATION GROUP BERHAD |
Stock Name | MEGB |
Date Announced | 14 Jan 2015 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CM-150114-62155 |
Particulars of substantial Securities Holder
Name | Arenga Pinnata Sdn. Bhd. |
Address | Level 18, The Gardens North Tower Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur |
NRIC/Passport No/Company No. | 1062503-U |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary shares of RM0.20 each |
Name & address of registered holder | CIMB Group Nominees (Asing) Sdn. Bhd. Level 13, Menara CIMB, Jalan Stesen Sentral 2, Kuala Lumpur Sentral, 50470 Kuala Lumpur, Wilayah Persekutuan |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 13/01/2015 | 29,156,488 |
Remarks : |
The percentage of direct interest excludes 33,817,900 Ordinary Shares of RM0.20 each bought back by Masterskill Education Group Berhad and retained as treasury shares. This announcement is based on the information in the Notice of Change in the of Interests of Substantial Shareholder from Arenga Pinnata Sdn Bhd dated 14/01/2015, received by the registered office of Masterskill Education Group Berhad on 14/01/2015. |
PUNCAK - OTHERS PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY") - RENEWAL OF AGREEMENT IN RESPECT OF THE LICENCE FOR THE ABSTRACTION OF WATER ISSUED BY LEMBAGA URUS AIR SELANGOR - BERNAM RIVER HEADWORKS (BARU) BETWEEN KUMPULAN DARUL EHSAN BERHAD AND PUNCAK NIAGA (M) SDN BHD
Company Name | PUNCAK NIAGA HOLDINGS BERHAD |
Stock Name | PUNCAK |
Date Announced | 14 Jan 2015 |
Category | General Announcement |
Reference No | PN-150114-56200 |
Type | Announcement |
Subject | OTHERS |
Description | PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY") - RENEWAL OF AGREEMENT IN RESPECT OF THE LICENCE FOR THE ABSTRACTION OF WATER ISSUED BY LEMBAGA URUS AIR SELANGOR - BERNAM RIVER HEADWORKS (BARU) BETWEEN KUMPULAN DARUL EHSAN BERHAD AND PUNCAK NIAGA (M) SDN BHD |
Reference is made to the Company's earlier announcements dated 31 July 2014 and 20 October 2014 in relation to the Agreement In Respect Of The Licence For The Abstraction Of Water Issued By Lembaga Urus Air Selangor - Bernam River Headworks (Baru) dated 31 July 2014 ("Agreement") between the Company's wholly-owned subsidiary, Puncak Niaga (M) Sdn Bhd ("PNSB") and Kumpulan Darul Ehsan Berhad (148040-T) ("KDEB") for KDEB to grant PNSB the rights under KDEB's licence for abstraction of water issued by Lembaga Urus Air Selangor, to abstract water from the water source at the Bernam River Headworks Water Treatment Plant (New), in accordance with the terms and conditions as stipulated in the Agreement. The Company wishes to update the Exchange that the Company has on even date received a letter from KDEB granting PNSB the rights to abstract water from the water source at the New Bernam River Headworks, KM15, Jalan Sungai Besar, Selangor ("Water Source") for a further period of three (3) months commencing from 1 February 2015 until 30 April 2015 in accordance with the terms and conditions as stipulated in the Agreement which remain valid and applicable to the extended period specified above. This announcement is dated 14 January 2015. |
HWATAI - MULTIPLE PROPOSALS
Company Name | HWA TAI INDUSTRIES BERHAD |
Stock Name | HWATAI |
Date Announced | 14 Jan 2015 |
Category | General Announcement |
Reference No | MM-150114-505B3 |
Type | Announcement |
Subject | MULTIPLE PROPOSALS |
Description | HWA TAI INDUSTRIES BERHAD (“HWA TAI” OR “COMPANY”) (I) PROPOSED PAR VALUE REDUCTION; (II) PROPOSED AMENDMENT; (III) PROPOSED RIGHTS ISSUE; AND (IV) PROPOSED EXEMPTION (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
(For consistency, all the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 24 April 2014 in relation to the Proposals, where applicable, unless stated otherwise or defined herein)
Reference is made to the Company’s announcements dated 24 April 2014, 12 May 2014, 28 May 2014, 18 June 2014, 5 December 2014, 15 December 2014 and 5 January 2015.
On behalf of the Board of Directors of Hwa Tai, Public Investment Bank Berhad (“PIVB”) wishes to announce that the sealed order of the High Court of Malaya in Kuala Lumpur dated 5 January 2015 had been lodged with the Companies Commission of Malaysia on 13 January 2015. Hence the Proposed Par Value Reduction is deemed completed on 13 January 2015. Pursuant to the completion of the Proposed Par Value Reduction, the par value of each existing ordinary share in Hwa Tai has been reduced from RM1.00 to RM0.40 each.
In addition to the Proposed Par Value Reduction, on behalf of the Board, PIVB wishes to announce that the Proposed Amendment was also completed on 13 January 2015. This announcement is dated 14 January 2015. |
SPSETIA - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | S P SETIA BERHAD |
Stock Name | SPSETIA |
Date Announced | 14 Jan 2015 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | C&-150114-11CB8 |
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 - RM0.75 |
Name & address of registered holder | Citigroup 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 transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 09/01/2015 | 768,200 |
Remarks : |
Form 29B was received on 14/1/2015 |
SPSETIA - Changes in Sub. S-hldr's Int. (29B) - KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
Company Name | S P SETIA BERHAD |
Stock Name | SPSETIA |
Date Announced | 14 Jan 2015 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | C&-150114-068FA |
Particulars of substantial Securities Holder
Name | KUMPULAN WANG PERSARAAN (DIPERBADANKAN) |
Address | Aras 4, 5 & 6, Menara Yayasan Tun Razak 200, Jalan Bukit Bintang 55100 Kuala Lumpur |
NRIC/Passport No/Company No. | KWAPACT6622007 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary - RM0.75 per share |
Name & address of registered holder | Kumpulan 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 transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 07/01/2015 | 823,700 |
Remarks : |
Form 29B received on 14/1/2015 |
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