February 18, 2015

Company announcements: QUALITY, AWC, POLY, PESONA, MAHSING, PMETAL, PMETAL-LA

QUALITY - Changes in Sub. S-hldr's Int. (29B) - Dato' Wee Song Ching

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameQUALITY CONCRETE HOLDINGS BERHAD  
Stock Name QUALITY  
Date Announced17 Feb 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-150217-60F4B

Particulars of substantial Securities Holder

NameDato' Wee Song Ching
AddressNo. 248 Jalan Seladah 93350 Kuching Sarawak
NRIC/Passport No/Company No.570818-13-5767
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderAmSec Nominees (Tempatan) Sdn Bhd
Pledged Securities Account For Wee Song Ching

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired13/02/2015
15,000
 

Circumstances by reason of which change has occurredAcquired from market.
Nature of interestDirect
Direct (units)6,364,900 
Direct (%)10.98 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change6,364,900
Date of notice17/02/2015


AWC - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NameAWC BERHAD  
Stock Name AWC  
Date Announced17 Feb 2015  
CategoryGeneral Announcement
Reference NoCM-150216-DF953

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionAWC BERHAD ("AWC" OR "THE COMPANY")
STATUS UPDATE ON THE MEMORANDUM OF UNDERSTANDING BETWEEN AWC AND NIHON TUNA RESOURCES CORPORATION (“MOU”)

Further to our announcements dated 23 June 2011, 25 August 2011, 29 November 2011, 28 February 2012, 29 May 2012, 29 August 2012, 29 November 2012, 27 February 2013, 29 May 2013, 28 August 2013, 27 November 2013, 27 February 2014, 27 May 2014, 27 August 2014 and 24 November 2014 pertaining to the MOU between AWC and Nihon Tuna Resources Corporation in relation to the management of marine facilities available in Malaysia through technology cooperation and other relevant efforts, the Board of Directors of AWC wishes to inform that there is no material development to the MOU since the last announcement.

The Company will make the appropriate announcement on any new development to the MOU, if any.

This announcement is dated 17 February 2015.



AWC - Quarterly rpt on consolidated results for the financial period ended 31/12/2014

Announcement Type: Financial Results
Company NameAWC BERHAD  
Stock Name AWC  
Date Announced17 Feb 2015  
CategoryFinancial Results
Reference NoCM-150216-DF90E

Financial Year End30/06/2015
Quarter2
Quarterly report for the financial period ended31/12/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2014
31/12/2013
31/12/2014
31/12/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
30,809
23,197
62,969
50,047
2Profit/(loss) before tax
5,270
248
9,129
518
3Profit/(loss) for the period
5,003
-158
8,400
-145
4Profit/(loss) attributable to ordinary equity holders of the parent
2,502
540
5,011
890
5Basic earnings/(loss) per share (Subunit)
1.11
0.24
2.22
0.39
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.3800
0.3500
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


POLY - OTHERS Disposal of a wholly owned subsidiary

Announcement Type: General Announcement
Company NamePOLY GLASS FIBRE (M) BERHAD  
Stock Name POLY  
Date Announced17 Feb 2015  
CategoryGeneral Announcement
Reference NoCC-150216-C9208

TypeAnnouncement
SubjectOTHERS
DescriptionDisposal of a wholly owned subsidiary

The Board of Directors of Poly Glass Fibre (M) Bhd. (“PGF” or “the Company”) wishes to announce that the Company has on 17 February 2015 disposed off its wholly owned subsidiary known as Decibel Automotive Insulation Sdn. Bhd. (“DAISB”) (Company No. 1101651-T) (“the Disposal”) for a cash consideration of Ringgit Malaysia Two (RM2.00) only. 

DAISB was incorporated in Malaysia on 16th July 2014 with an authorised share capital of RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each and issued and paid-up capital of RM2.00. DAISB remains dormant since incorporation.

The Company decided not to carry out the intended activities of DAISB i.e. manufacturing of automotive parts and its related products.

The Disposal of DAISB is not expected to have any material affect on the earnings and Net Assets of the Company for the financial year ending 28th February 2015.

None of the Directors and/or substantial shareholders or persons connected to the Directors and/or substantial shareholders have any direct or indirect interest in the Disposal.

The Directors are of the opinion that the Disposal is in the best interest of the Company.

This announcement is dated 17th day of February 2015.

 

 

 



PESONA - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NamePESONA METRO HOLDINGS BERHAD  
Stock Name PESONA  
Date Announced17 Feb 2015  
CategoryAdditional Listing Announcement (ALA)
Reference NoCK-150217-91A0B

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of Warrants into Ordinary Shares
No. of shares issued under this corporate proposal1,385,000
Issue price per share ($$)MYR 0.250
Par Value ($$)MYR 0.250
Latest issued and paid up share capital after the above corporate proposal in the following
Units511,906,448
CurrencyMYR 127,976,612.000
Listing Date18/02/2015


MAHSING - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameMAH SING GROUP BERHAD  
Stock Name MAHSING  
Date Announced17 Feb 2015  
CategoryGeneral Announcement
Reference NoMM-150217-39962

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionRENOUNCEABLE RIGHTS ISSUE OF UP TO 443,185,318 NEW ORDINARY SHARES OF RM0.50 EACH IN MAH SING GROUP BERHAD (“MAH SING”) (“MAH SING SHARES”) (“RIGHTS SHARES”) TOGETHER WITH UP TO 132,955,595 FREE DETACHABLE WARRANTS (“WARRANTS”), ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY TEN (10) EXISTING MAH SING SHARES HELD AND THREE (3) WARRANTS FOR EVERY TEN (10) RIGHTS SHARES SUBSCRIBED FOR BY THE ENTITLED SHAREHOLDERS OF MAH SING AS AT 5.00 P.M. ON 26 JANUARY 2015, AT AN ISSUE PRICE OF RM1.42 PER RIGHTS SHARE (“RIGHTS ISSUE WITH WARRANTS”)

 

(The abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 20 November 2014, unless otherwise stated. The Proposed Rights Issue with Warrants is hereinafter referred to as the “Rights Issue with Warrants”.)

We refer to, among others, the announcement dated 20 November 2014, in relation to the Rights Issue with Warrants.

On behalf of the Board of Mah Sing, CIMB wishes to announce that at the close of acceptance, excess application and payment for the Rights Issue with Warrants at 5.00 p.m. on 12 February 2015 (“Closing Date”), Mah Sing had received valid acceptances and excess applications for a total of 463,625,853 Rights Shares. This represents an over-subscription of 4.61% over the total number of Rights Shares available under the Rights Issue with Warrants.

Details of valid acceptances and excess applications received as at the Closing Date are as follows:

 

No. of Rights Shares

 

% of total issue

Total valid acceptances

411,881,284

 

92.94

Total valid excess applications

51,744,569

 

11.67

Total valid acceptances and excess applications

463,625,853

 

104.61

Total Rights Shares available for subscription

443,185,318

 

100.00

Oversubscription

20,440,535

 

4.61

Successful applicants of the Rights Shares will be given Warrants on the basis of three (3) Warrants for every ten (10) Rights Shares successfully subscribed for. The minimum number of Warrants that can be issued and allotted with the accepted Rights Shares is one (1) Warrant. Any fractional Warrants will be disregarded and will be included in the pool of Excess Rights Shares and Warrants (as defined below) to be made available for excess application.

Accordingly, the Rights Shares and Warrants not taken up or not validly taken up by our entitled shareholders and/or their renouncee(s) and/or transferee(s) prior to excess application (“Excess Rights Shares and Warrants”) will be allotted in the priority set out in the Abridged Prospectus dated 26 January 2015 (“Abridged Prospectus”) as follows:

(i) firstly, to minimise the incidence of odd lots;

(ii) secondly, for allocation to entitled shareholders who applied for Excess Rights Shares and Warrants on a pro-rata basis and in board lot, calculated based on their respective shareholdings as at the Entitlement Date;

 (iii) thirdly, for allocation to renouncee(s) and/or transferee(s) who applied for Excess Rights Shares and Warrants on a pro-rata basis and in board lot, calculated based on the quantum of Excess Rights Shares and Warrants applied for; and

 (iv) in the event that there are still unsubscribed Rights Shares and Warrants after allocating all the Excess Rights Shares and Warrants applied for, the remaining unsubscribed Rights Shares and Warrants will be subscribed by the Joint Managing Underwriters and Joint Underwriters in accordance with the terms and conditions set out in the Underwriting Agreement (all as defined in the Abridged Prospectus).

 The Rights Shares and Warrants are expected to be listed on the Main Market of Bursa Malaysia Securities Berhad on 26 February 2015.

This announcement is dated 17 February 2015.



PMETAL - OTHERS PRESS METAL BERHAD (“PMB” OR THE “COMPANY”) PROPOSED EXEMPTION TO ALPHA MILESTONE SDN BHD (“AMSB”) AND THE PERSONS ACTING-IN-CONCERT WITH AMSB (“PACS”) UNDER PRACTICE NOTE 9 PARAGRAPH 16.1(C) OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS 2010 (“CODE”) FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR THE REMAINING ORDINARY SHARES OF RM0.50 EACH IN PMB (“PMB SHARES”) AND CONVERTIBLE SECURITIES IN PMB NOT ALREADY OWNED BY AMSB AND THE PACS UPON THE ISSUANCE OF THE NEW PMB SHARES ARISING FROM THE CONVERSION OF THE OUTSTANDING RM210,513,331.60 NOMINAL VALUE OF 8-YEAR 6% REDEEMABLE CONVERTIBLE SECURED LOAN STOCKS (“RCSLS”) HELD BY THEM (“PROPOSED EXEMPTION”)

Announcement Type: General Announcement
Company NamePRESS METAL BERHAD  
Stock Name PMETAL  
Date Announced17 Feb 2015  
CategoryGeneral Announcement
Reference NoMM-150209-47679

TypeAnnouncement
SubjectOTHERS
DescriptionPRESS METAL BERHAD (“PMB” OR THE “COMPANY”)

PROPOSED EXEMPTION TO ALPHA MILESTONE SDN BHD (“AMSB”) AND THE PERSONS ACTING-IN-CONCERT WITH AMSB (“PACS”) UNDER PRACTICE NOTE 9 PARAGRAPH 16.1(C) OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS 2010 (“CODE”) FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR THE REMAINING ORDINARY SHARES OF RM0.50 EACH IN PMB (“PMB SHARES”) AND CONVERTIBLE SECURITIES IN PMB NOT ALREADY OWNED BY AMSB AND THE PACS UPON THE ISSUANCE OF THE NEW PMB SHARES ARISING FROM THE CONVERSION OF THE OUTSTANDING RM210,513,331.60 NOMINAL VALUE OF 8-YEAR 6% REDEEMABLE CONVERTIBLE SECURED LOAN STOCKS (“RCSLS”) HELD BY THEM (“PROPOSED EXEMPTION”)

We refer to the announcements made in relation to the Proposed Exemption dated 29 October 2014, 16 January 2015, 19 January 2015, 4 February 2015 and 6 February 2015.

On behalf of the Board of Directors of PMB, Alliance Investment Bank Berhad wishes to announce that AMSB and the PACs have completed the conversion of the outstanding RM210,513,331.60 nominal value of RCSLS, which marks the completion of the transaction, where the Proposed Exemption was sought and approved.

This announcement is dated 17 February 2015.



PMETAL - OTHERS PRESS METAL BERHAD (“PMB” OR “COMPANY”) NOTICE TO HOLDERS OF 8-YEAR 6% REDEEMABLE CONVERTIBLE SECURED LOAN STOCKS (“2011/2019 RCSLS”) IN RELATION TO THE EARLY FULL REDEMPTION AND CANCELLATION OF ALL THE OUTSTANDING 2011/2019 RCSLS AND NOTICE OF BOOK CLOSURE DATE ON 11 MARCH 2015

Announcement Type: General Announcement
Company NamePRESS METAL BERHAD  
Stock Name PMETAL  
Date Announced17 Feb 2015  
CategoryGeneral Announcement
Reference NoMI-150216-79841

TypeAnnouncement
SubjectOTHERS
DescriptionPRESS METAL BERHAD (“PMB” OR “COMPANY”)

NOTICE TO HOLDERS OF 8-YEAR 6% REDEEMABLE CONVERTIBLE SECURED LOAN STOCKS (“2011/2019 RCSLS”) IN RELATION TO THE EARLY FULL REDEMPTION AND CANCELLATION OF ALL THE OUTSTANDING 2011/2019 RCSLS AND NOTICE OF BOOK CLOSURE DATE ON 11 MARCH 2015

The Board of Directors of the Company wishes to inform that pursuant to the terms and conditions stipulated in the Trust Deed dated 20 July 2011 constituting the 2011/2019 RCSLS, the Company will undertake the early full redemption and cancellation of all the outstanding 2011/2019 RCSLS at the close of business at 5.00 p.m. on Wednesday, 11 March 2015.

Please refer to the attachment for the Notice to Holders of 2011/2019 RCSLS and Notice of Book Closure Date and the separate announcement on Entitlements (Notice of Book Closure) released by the Company under stock code 8869LA on even date for further information on the above.

This announcement is dated 17 February 2015.



PMETAL - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NamePRESS METAL BERHAD  
Stock Name PMETAL  
Date Announced17 Feb 2015  
CategoryPDF Submission
Reference NoMI-150217-44951

SubjectNOTICE TO HOLDERS OF 8-YEAR 6% REDEEMABLE CONVERTIBLE SECURED LOAN STOCKS (“2011/2019 RCSLS”) IN RELATION TO THE EARLY FULL REDEMPTION AND CANCELLATION OF ALL THE OUTSTANDING 2011/2019 RCSLS AND NOTICE OF BOOK CLOSURE DATE ON 11 MARCH 2015

Attachments

Press Metal Berhad (Notice).pdf
1371 KB






PMETAL-LA - Full Exercise/Conversion/Redemption of the Securities before expiry/maturity

Announcement Type: Expiry / Maturity / Termination of Securities
Company NamePRESS METAL BERHAD  
Stock Name PMETAL-LA  
Date Announced17 Feb 2015  
CategoryExpiry / Maturity / Termination of Securities
Reference NoMI-150216-81211

Type of SecuritiesLoan Stocks
Type of ExpiryFull Exercise/Conversion/Redemption of the Securities before expiry/maturity
Date & Time of Suspension 03/03/2015 09:00 AM
Date & Time of Delisting 19/03/2015 09:00 AM

Attachments

Press Metal Berhad (Notice).pdf
1371 KB



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