February 7, 2015

Company announcements: YFG, WZSATU, TEOSENG, DIALOG, RALCO, GUNUNG, LIONFIB

YFG - OTHERS YFG Berhad ("the Company" or "YFG") -Memorandum of Agreement ("MOA) Between YFG Engineering Sdn Bhd ("YFGE") and PT Impha Nusantara Mandiri ("PT Impha")

Announcement Type: General Announcement
Company NameYFG BERHAD  
Stock Name YFG  
Date Announced6 Feb 2015  
CategoryGeneral Announcement
Reference NoYY-150206-59465

TypeAnnouncement
SubjectOTHERS
DescriptionYFG Berhad ("the Company" or "YFG")
-Memorandum of Agreement ("MOA) Between YFG Engineering Sdn Bhd ("YFGE") and PT Impha Nusantara Mandiri ("PT Impha")

Further to the Company's announcement made on 5 September 2014 in respect of the MOA between YFGE, a wholly-owned subsidiary of the Company and PT Impha in relation to the appointment of YFGE as the contractor by PT Impha to construct and build a 12MW Hydro Power Plant at Cimandiri, Lebak in the province of Banten, Indonesia ("the Proposed Project"), we wish to inform Bursa Malaysia Securities Berhad that the design drawings of the Proposed Project is still pending approval from the local authorities in Indonesia.



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

Announcement Type: General Announcement
Company NameWZ SATU BERHAD  
Stock Name WZSATU  
Date Announced6 Feb 2015  
CategoryGeneral Announcement
Reference NoCS-150206-61968

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Chapter 14.09(a) of Bursa Malaysia's Main Market Listing Requirements on Dealing in Securities, the Company wishes to inform that Tengku Dato' Sri Uzir Bin Tengku Dato' Ubaidillah, a director of the Company had transacted in securities of WZ Satu Berhad outside closed period, as set out in the table below.

Direct Interest

Description

Date of Transaction

Price Transacted Per Ordinary Share (RM)

Consideration (RM)

No. of Securities Acquired/(Disposed)

% of Securities Acquired/(Disposed)

Total Number of Securities after Acquisition/Disposal

Ordinary Shares of RM0.50 each

6 February 2015

1.50

750,000.00

500,000 (off market deal)

0.198

58,861,547



TEOSENG - Changes in Director's Interest (S135) - Na Yok Chee

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameTEO SENG CAPITAL BERHAD  
Stock Name TEOSENG-WA  
Date Announced6 Feb 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoTS-150206-42805

Information Compiled By KLSE

Particulars of Director

NameNa Yok Chee
AddressNo.42, Jalan Melawati 4
Taman Melawati
83700 Yong Peng, Johor
Descriptions(Class & nominal value)Warrants

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
30/01/2015
25,561,507
 
Others
30/01/2015
475,362
 
Others
30/01/2015
123,250
 

Description of other type of transactionBonus Issue of Warrants
Circumstances by reason of which change has occurredBonus Issue of Warrants of 1 : 4
Direct and Deemed interest under Section 6A(4) of the Comapnies Act, 1965 through Unigold Capital Sdn Bhd, spouse and children
Nature of interestDirect and Indirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)475,362 
Direct (%)0.95 
Indirect/deemed interest (units)25,684,757 
Indirect/deemed interest (%)51.37 
Date of notice06/02/2015


TEOSENG - Changes in Director's Interest (S135) - Tan Sri Lau Tuang Nguang

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameTEO SENG CAPITAL BERHAD  
Stock Name TEOSENG-WA  
Date Announced6 Feb 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoTS-150206-42804

Information Compiled By KLSE

Particulars of Director

NameTan Sri Lau Tuang Nguang
AddressLot 2.10, 2nd Floor
Wisma Westcourt
126, Jalan Kelang Lama
58000 Kuala Lumpur
Descriptions(Class & nominal value)Warrants

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
30/01/2015
31,100
 

Description of other type of transactionBonus Issue of Warrants
Circumstances by reason of which change has occurredBonus Issue of Warrants of 1 : 4
Deemed interest through spouse
Nature of interestIndirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)31,100 
Indirect/deemed interest (%)0.06 
Date of notice06/02/2015


TEOSENG - Changes in Director's Interest (S135) - Nam Yok San

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameTEO SENG CAPITAL BERHAD  
Stock Name TEOSENG-WA  
Date Announced6 Feb 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoTS-150206-42806

Information Compiled By KLSE

Particulars of Director

NameNam Yok San
AddressNo.38, Jalan Panti, Taman Bandar, 83000 Batu Pahat
Descriptions(Class & nominal value)Warrants

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
30/01/2015
25,561,507
 
Others
30/01/2015
184,500
 

Description of other type of transactionBonus Issue of Warrants
Circumstances by reason of which change has occurredBonus Issue of Warrants of 1 : 4
Deemed interest under Section 6A(4) of the Comapnies Act, 1965 through Unigold Capital Sdn Bhd, spouse and children
Nature of interestIndirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)25,746,007 
Indirect/deemed interest (%)51.49 
Date of notice06/02/2015


TEOSENG - Changes in Director's Interest (S135) - Lau Jui Peng

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameTEO SENG CAPITAL BERHAD  
Stock Name TEOSENG-WA  
Date Announced6 Feb 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoTS-150206-3CC47

Information Compiled By KLSE

Particulars of Director

NameLau Jui Peng
Address50, Jalan Majidi
84000 Muar
Johor
Descriptions(Class & nominal value)Warrants

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
30/01/2015
26,182,716
 

Description of other type of transactionBonus Issue of Warrants
Circumstances by reason of which change has occurredBonus Issue of Warrants of 1 : 4
Deemed Interest under Section 6A (4) of the Companies Act, 1965 through CW Lau & Sons Sdn Bhd
Nature of interestIndirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units) 
Direct (%) 
Indirect/deemed interest (units)26,182,716 
Indirect/deemed interest (%)52.37 
Date of notice06/02/2015


DIALOG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameDIALOG GROUP BERHAD  
Stock Name DIALOG  
Date Announced6 Feb 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoDG-150206-C7BB6

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired30/01/2015
1,879,000
 

Circumstances by reason of which change has occurredPurchase of shares.
Nature of interestDirect
Direct (units)587,008,112 
Direct (%)11.84 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change587,008,112
Date of notice06/02/2015

Remarks :
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Acquired 1,879,000 shares) - 473,168,516 shares
Employees Provident Fund Board - 3,024,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (KIB)- 4,203,468 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AFFIN-HWG) - 16,873,134 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) - 27,716,640 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA) - 36,673,554 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ARIM) - 3,500,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AMUNDI) - 13,748,800 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (RHB INV) - 4,000,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ABERDEEN) - 4,100,000 shares
Total No. of shares - 587,008,112 shares


RALCO - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameRALCO CORPORATION BERHAD  
Stock Name RALCO  
Date Announced6 Feb 2015  
CategoryGeneral Announcement
Reference NoRC-150205-50874

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionDEALING IN THE COMPANY'S SECURITIES DURING CLOSED PERIOD PURSUANT TO PARAGRAPH 14.08 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")

We wish to annouce that the Company has received notification from Mr Tan Heng Ta, Managing Director of the Company on dealing in the securities of the Company during closed period, as defined in the Main Market Listing Requirements of Bursa Securities as shown in the table below:-

Date of Dealing

Description of Securities

Type of interest

No. of securities acquired

Average consideration per share/ warrant (RM)

% of securities acquired

Circumstances by reason of which change has occurred

06/02/2015

Ordinary shares

Direct

1,000,000

0.68

2.38

Acquisition

06/02/2015

Warrants

Direct

1,761,500

0.10

8.66

Acquisition

The notification letter on the above dealing was received by the Company on 6 February 2015.



GUNUNG - Changes in Director's Interest (S135) - ISKANDAR IBRAHIM

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameGUNUNG CAPITAL BERHAD  
Stock Name GUNUNG  
Date Announced6 Feb 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCG-150206-4CEEF

Information Compiled By KLSE

Particulars of Director

NameISKANDAR IBRAHIM
AddressNo. 33 Jalan 14/3, Taman Tun Abdul Razak, Ampang 68000 Selangor
Descriptions(Class & nominal value)Ordinary Shares of RM0.40 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
06/02/2015
48,000
 

Circumstances by reason of which change has occurredAcquisition in the open market by Aasia-East Capital Sdn Bhd
Nature of interestDeemed interested by virtue of Section 6A of the Companies Act, 1965
Consideration (if any) 

Total no of securities after change

Direct (units) 
Direct (%) 
Indirect/deemed interest (units)6,057,000 
Indirect/deemed interest (%)4.28 
Date of notice06/02/2015


LIONFIB - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameLION FOREST INDUSTRIES BERHAD  
Stock Name LIONFIB  
Date Announced6 Feb 2015  
CategoryGeneral Announcement
Reference NoLF-150206-61921

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionDISPOSAL BY THE COMPANY OF APPROXIMATELY 97.78% EQUITY INTEREST IN SABAH FOREST INDUSTRIES SDN BHD (“SFI”) (THE “DISPOSAL”)

We refer to the following announcements of the Company

(1) dated 5 June 2006, 29 January 2007 and 16 March 2007, all in relation to the Disposal;

(2) dated 26 February 2007 on the dismissal by the High Court on 23 February 2007 of the claim by UNP Plywood Sdn Bhd (“UNP Plywood”) against SFI in Civil Suit No. K22-55-97 for RM128,874,435 for alleged wrongful termination of the Extraction and Purchasing Agreements dated 28 June 1993 and 13 August 1993 (“UNP Plywood Claim”);

(3) dated 21 March 2007 on UNP Plywood’s appeal to the Court of Appeal on 20 March 2007 against the whole decision of the High Court;

(4) dated 28 February 2008 on the Court of Appeal allowing UNP Plywood’s appeal on 27 February 2008 and entering judgment against SFI for damages to be assessed;

(5) dated 28 August 2008, 11 September 2009 and 11 February 2010, all in relation to SFI’s applications to the Federal Court to reverse the Court of Appeal decision which were subsequently dismissed;

(6) dated 11 September 2014 on the damages assessed to be payable by SFI for the UNP Plywood Claim amounting to RM138.85 million as at 11 September 2014 (“Assessment Ruling”); and

(7) dated 24 October 2014 on the High Court allowing SFI’s application for stay of execution of the Assessment Ruling.

Under the Disposal, the buyer had retained from the disposal consideration an amount approximate to the contingent liabilities arising from the UNP Plywood Claim.

The Board of Directors wishes to announce that on 6 February 2015, SFI and UNP Plywood had entered into a settlement agreement wherein the parties agreed as follows (“Settlement”):

1. SFI shall pay to UNP Plywood a lump sum of RM85.00 million only on or before 13 February 2015 in full and final settlement of the UNP Plywood Claim (“the Settlement Sum”).

2. UNP Plywood agrees and confirms that upon the receipt of the Settlement Sum in the manner and time provided in the Settlement Agreement, UNP Plywood shall have no further claims whatsoever against SFI and vice versa (if any).

3. The parties agree that this Settlement Agreement shall be deemed completed upon the payment of the Settlement Sum in the manner and time provided in the Settlement Agreement and UNP Plywood’s filing of notice of discontinuance with no order as to costs and SFI’s withdrawal or filing notice of discontinuance (as the case may be) of its appeal to the Assessment Ruling with no order as to costs and the both parties’ recording and filing of the consent judgment recording the essence of the Settlement Agreement with the High Court or High Court Registry (as the case may be).

The Settlement is expected to result in a loss of RM70 million after a provision of RM15 million made in the previous financial years or 30 sen per LFIB share for the financial year ending 30 June 2015 and on a proforma basis, the Settlement is expected to reduce the LFIB’s Group’s net assets by RM70 million or 30 sen per LFIB share based on the audited consolidated financial statements of LFIB as at 30 June 2014. The Settlement is not expected to have a material impact on the gearing of the LFIB Group.

None of the Directors and/or major shareholders of the Company and/or persons connected with them has any interest, direct or indirect, in the Settlement.

The Board of Directors is of the opinion that the Proposed Settlement is in the best interest of the Company, fair and reasonable.



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