March 17, 2015

Company announcements: ASIABIO, HUAAN, BAT, WZSATU, YINSON, ITRONIC

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

Announcement Type: General Announcement
Company NameASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market) 
Stock Name ASIABIO  
Date Announced17 Mar 2015  
CategoryGeneral Announcement
Reference NoCA-150317-56892

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionASIA BIOENERGY TECHNOLOGIES BERHAD (“ABT” OR THE “COMPANY”)

INVESTMENT AND TRADING OF VARIOUS QUOTED SECURITIES:-

ACQUISITION:-
• FOCUS DYNAMICS TECHNOLOGIES BERHAD

DISPOSAL:-
• CARIMIN PETROLEUM BERHAD

The Board of Directors of Asia Bioenergy Technologies Berhad (“ABT” or “the Company”) wishes to announce that its wholly owned subsidiary, Asiabio Capital Sdn Bhd (“ACSB”) that is principally involved in the trading of marketable securities has made acquisition and disposal of the following quoted securities:-

Acquisition

  • Focus Dynamics Technologies Berhad (“FOCUS”)

Disposal

  • Carimin Petroleum Berhad (“CARIMIN”)

Please refer to the attachment for details of the Acquisition and Disposal.

This announcement is dated 17 March 2015.



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

Announcement Type: General Announcement
Company NameASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market) 
Stock Name ASIABIO  
Date Announced17 Mar 2015  
CategoryGeneral Announcement
Reference NoCA-150317-60004

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionASIA BIOENERGY TECHNOLOGIES BERHAD (“ABT” OR THE “COMPANY”)
- DISPOSAL OF SHARES IN GRAPHENE NANOCHEM PLC (“GN”)

1. INTRODUCTION

The Board of Directors of Asia Bioenergy Technologies Berhad (“ABT” or “the Company”) wishes to announce that its wholly owned subsidiary, Asiabio Capital Sdn Bhd (“ACSB”) that is principally involved in the trading of marketable securities has over the past twelve (12) months disposed off in aggregate 1,160,936 ordinary shares of in Graphene Nanochem Plc (“GN”) for an aggregated sum of RM3.74 million (“GN Consideration”) in cash and in exchange for 416.9409 units of the Bridge Global Growth Fund (“BGGF”) valued at USD416,940.90 or RM1.36 million based on the exchange rate of RM3.262:USD1.00 on 6 October 2014, being the date of the swap (hereinafter referred to as the “Divestment in GN / Investment in BGGF”).

2. DETAILS OF THE DIVESTMENT IN GN / INVESTMENT IN BGGF

2.1 Information of GN

GN is a public listed company listed on the AIM Market of London Stock Exchange. GN is a global nanotechnology company that designs, formulates, manufactures and markets a range of speciality chemicals and advanced materials.

Based on the latest audited accounts of GN as at 31 December 2013, its net profit attributable to assets for the year ended and net assets are USD3.67 billion and USD45.89 billion respectively.

2.2 Information on BGGF

BGGF is an unquoted fund managed by Bridge Global Absolute Return Fund (“BGARF”), a Segregated Portfolio Company based in the Cayman Islands, whose objective is to deliver an absolute return for investors using a multi-portfolio investment approach.

2.3 Basis of Arriving At the GN Consideration

The GN Consideration was derived from the sale of the GN shares in the open market between 17 June 2014 and 2 October 2014 and the exchange of 387,933 GN shares for 416.9409 BGGF units based on the traded price of GN shares on 6 October 2014 of GBP0.6959 or RM3.51 based on the exchange rate of RM5.0438:GBP1.00 on 6 October 2014.

2.4 Utilisation of Proceeds

The cash proceeds amounting to RM2.38 million from the Divestment in GN / Investment in BGGF will be channeled back to ABT’s technology incubator funds which will be used for future investments in a three (3) year timeframe.

2.5 Liabilities to be Assumed

There are no liabilities, including contingent liabilities and guarantees to be assumed by ABT, arising from the Divestment in GN / Investment in BGGF.

2.6 Original Cost and Date of Investment

Part of the GN shares disposed by ACSB was acquired upon the completion of the disposal of 1,143,434 ordinary shares of RM1.00 each in Platinum Nanochem Sdn Bhd (“PNSB”) (representing 1.56% of the equity interest in PNSB) by ABT to Biofutures International Plc (presently known as GN), which was announced by the Company on 26 March 2013, in exchange for 21,018,714 GN shares of 1 pence each that was later consolidated in 1,050,936 GN shares of 20 pence each.

The original cost of investment for the PNSB shares held by ABT is RM0.19 million made on 30 June 2012. The disposal of the PNSB shares for the GN shares resulted in ABT Group realizing a gain on disposal of RM4,463,446 for the financial year ended 31 January 2014.

Subsequently further acquisitions of GN shares were made via the open market on 13 September 2014 and 25 September 2014 for a consideration amount of RM0.35 million.

3. RATIONALE FOR THE DIVESTMENT IN GN / INVESTMENT IN BGGF

The Divestment in GN / Investment in BGGF is part of ABT Group’s decision to recoup back its investments in GN, having held that investment since 2013 and reinvestment into the BGGF units that is being managed by BGARF.

4. RISK FACTORS

Save for the normal market and global economic risk, the Board of Directors of ABT is not aware of any other risk factors which may arise as a result of the Divestment in GN / Investment in BGGF.

5. Financial effects

The Divestment in GN / Investment in BGGF is not expected to have any material effect on the dividend policy, gearing, share capital and the substantial shareholders’ shareholdings of ABT for the financial year ended 31 January 2015.

The Divestment in GN / Investment in BGGF is expected to result in ABT Group recording a loss of RM2.63 million based on the latest book value as adjusted for changes in fair value, for the financial year ended 31 January 2015, which translates to a decrease in earnings per share of approximately 0.003 sen.

6. APPROVAL REQUIRED

The Divestment in GN / Investment in BGGF is not subject to the approval of the shareholders of the Company or any regulatory authorities.

7. DIRECTORS’ AND SUBSTANTIAL SHAREHOLDERS’ INTEREST

None of the Directors and/or substantial shareholders and/or any person connected to the Directors and/or substantial shareholders of ABT has any interest, either direct or indirect in the Divestment in GN / Investment in BGGF.

8. DIRECTORS’ STATEMENT

The Board of Directors of ABT having considered all aspects of the Divestment in GN / Investment in BGGF is of the opinion that it is in the best interest of the ABT Group.

9. PERCENTAGE RATIO

The highest percentage ratio applicable to the Divestment in GN / Investment in BGGF pursuant to Rule 10.02 of the Listing Requirements of Bursa Malaysia Securities Berhad for the ACE Market is 5.76% based on the latest audited financial statements of ABT as at 31 January 2014, adjusting for the completed Rights Issue with Warrants of ABT on 28 April 2014 and GN as at 31 December 2013.

This announcement is dated 17 March 2015.



ASIABIO - OTHERS ASIA BIOENERGY TECHNOLOGIES BERHAD (“ABT” OR THE “COMPANY”) ANNOUNCEMENT MADE PURSUANT TO RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS

Announcement Type: General Announcement
Company NameASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market) 
Stock Name ASIABIO  
Date Announced17 Mar 2015  
CategoryGeneral Announcement
Reference NoCA-150317-56022

TypeAnnouncement
SubjectOTHERS
DescriptionASIA BIOENERGY TECHNOLOGIES BERHAD (“ABT” OR THE “COMPANY”)

ANNOUNCEMENT MADE PURSUANT TO RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS

Pursuant to Rule 9.20 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, Asia Bioenergy Technologies Berhad (“ABT” or “the Company”) wishes to announce that as at 16 March 2015, the aggregate value of quoted securities purchased and disposed by Asiabio Capital Sdn Bhd (“ACSB”), a wholly owned subsidiary of the Company that is principally involved in the investment in marketable securities, that has not been announced for the preceding twelve (12) months has exceed 5% of ABT’s latest audited consolidated net assets as at 31 January 2015 after adjusting for the completed Rights Issue with Warrants on 28 April 2014. The details of the investment in the quoted securities are as follows:-

RM

% of ABT’s latest audited consolidated net assets*

a.

Aggregate purchase consideration within the preceding twelve (12) months

25,765,156.99

39.63

b.

Aggregate sale consideration within the preceding twelve (12) months

14,527,327.86

22.35

RM

c.

Investments in quoted securities as at 16 March 2015

- Total Cost

36,108,609.64

- Total Book Value

34,490,348.69

- Total Market Value

34,724,371.51

d.

Net profit arising from the sale of quoted securities by ABT Group during the current financial year ended 31 January 2015
(Sales proceeds less investment cost and incidental expenses)

1,082,907.23

* After adjusting for the completed Rights Issue with Warrants on 28 April 2014, as certified by auditors.

This announcement is dated 17 March 2015.



ASIABIO - Change of Financial Year End

Announcement Type: Change of Financial Year End
Company NameASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market) 
Stock Name ASIABIO  
Date Announced17 Mar 2015  
CategoryChange of Financial Year End
Reference NoCA-150302-64571

Old financial year end31/01/2015
New financial year end31/03/2015

Remarks :
The Board of Directors of Asia Bioenergy Technologies Berhad has approved the change of financial year end of the Company from 31 January to 31 March. Thus, the next set of audited financial statements will be made up from 1 February 2014 to 31 March 2015 covering a period of fourteen (14) months.

Thereafter, the financial year end of the Company shall end on 31 March for each subsequent year.


HUAAN - OTHERS SINO HUA-AN INTERNATIONAL BERHAD ("HUA-AN" OR "THE COMPANY") - TEMPORARY SHUTTING DOWN OF PRODUCTION IN SUBSIDIARY, NAMELY LINYI YEHUA COKING CO. LTD.

Announcement Type: General Announcement
Company NameSINO HUA-AN INTERNATIONAL BERHAD  
Stock Name HUAAN  
Date Announced17 Mar 2015  
CategoryGeneral Announcement
Reference NoCS-150317-55994

TypeAnnouncement
SubjectOTHERS
DescriptionSINO HUA-AN INTERNATIONAL BERHAD ("HUA-AN" OR "THE COMPANY")
- TEMPORARY SHUTTING DOWN OF PRODUCTION IN SUBSIDIARY, NAMELY LINYI YEHUA COKING CO. LTD.

Reference is made to Hua-An's announcements on 11 March 2015 and 16 March 2015 pertaining to the above matter.

The Board of Directors of Hua-An wishes to announce that the Company has submitted an application to Bursa Malaysia Securities Berhad to seek a waiver from complying with Paragraph 8.03A(2) and (3) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad today.

This announcement is dated 17 March 2015.



BAT - 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 NameBRITISH AMERICAN TOBACCO (MALAYSIA) BERHAD  
Stock Name BAT  
Date Announced17 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBA-150317-36116

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 RM0.50 each.
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
Level 42, Menara Citibank
165, Jalan Ampang, 50450 Kuala Lumpur

Employees Provident Fund Board
Tingkat 19, Bangunan KWSP
Jalan Raja Laut, 50350 Kuala Lumpur

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (Amundi)
Level 42, Menara Citibank
165, Jalan Ampang, 50450 Kuala Lumpur

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (AM INV)
Level 42, Menara Citibank
165, Jalan Ampang, 50450 Kuala Lumpur

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (Templeton)
Level 42, Menara Citibank
165, Jalan Ampang, 50450 Kuala Lumpur

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (Aberdeen)
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)
Acquired12/03/2015
9,000
 

Circumstances by reason of which change has occurredAcquisition of shares by Citigroup Nominees (Tempatan) Sdn Bhd - Employee Provident Fund Board (Amundi).
Nature of interestDirect
Direct (units)22,563,902 
Direct (%)7.9025 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change22,563,902
Date of notice13/03/2015

Remarks :
This notice was received by the Company on 17 March 2015.


BAT - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc ("MUFG")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBRITISH AMERICAN TOBACCO (MALAYSIA) BERHAD  
Stock Name BAT  
Date Announced17 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBA-150317-35726

Particulars of substantial Securities Holder

NameMitsubishi UFJ Financial Group, Inc ("MUFG")
Address7-1, Marunouchi 2-Chome
Chiyoda-ku, Tokyo
100-8330 Japan
NRIC/Passport No/Company No.Nil
Nationality/Country of incorporationJapan
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each.
Name & address of registered holder1. Aberdeen Asset Management PLC ("Aberdeen") and its subsidiaries
10 Queen's Terrace, Aberdeen, AB10 1 YG, Scotland

2. Mitsubishi UFJ Asset Mgt Co. Ltd. ("MUAM")
4-5, Marunouchi 1-Chome, Chiyoda-ku, Tokyo,100-812, Japan

3. Mitsubishi UFJ Trust and Banking Corporation ("MUTB")
4-5, Marunouchi 1-Chome, Chiyoda-ku, Tokyo,100-812, Japan

4. World Prosper Limited
36/F Dah Sing Financial Centre, 108 Gloucester Rd, Hong Kong

5. Morgan Stanley Investment Management Inc.
1585 Broadway, New York, NY 10036

6. Morgan Stanley & Co. International plc
25 Cabot Square, Canary Wharf, London E14 4QA, United Kingdom

7. Fundlogic SAS
61 rue de Monceau, Paris 75008, France

8. AMP Capital Holdings Limited ("AMP") and its subsidiaries
Level 24, AMP Sydney Cove Building
33 Alfred Street Sydney, NSM 2000, Australia

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed11/03/2015
62,700
 
Disposed11/03/2015
9,400
 

Circumstances by reason of which change has occurredDisposal of shares by Aberdeen(62,700 shares)
Disposal of shares by Morgan Stanley Group (9,400 shares)

MUFG is deemed interested in the shares by virtue of:
1. MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust and Banking Corp,holding more than 15% in Aberdeen.

2. Mitsubishi UFJ Asset Management Co. Ltd., being MUFG's wholly owned subsidiary.

3. Mitsubishi UFJ Trust & Banking Corp, being MUFG's wholly owned subsidiary.

4. MUFG holding more than 15% interest in shares of Dah Sing Financial Holdings Limited which holds 100% shares in World Prosper Limited.

5-7. MUFG holding more than 15% interest in shares of Morgan Stanley Group.

8. MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holding 15% interest in AMP.
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)15,447,236 
Indirect/deemed interest (%)5.41 
Total no of securities after change15,447,236
Date of notice16/03/2015

Remarks :
This notice was received by the Company on 17 March 2015.


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 Announced17 Mar 2015  
CategoryGeneral Announcement
Reference NoCS-150317-54177

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 Dato' Yeong Kok Hee, a director of the Company had transacted in securities of WZ Satu outside closed period, as set out in the table below.

Direct Interest

DescriptionDate of TransactionPrice 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 each17 March 20151.33332,500.00(250,000)0.09971,000



YINSON - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):ESOS

Announcement Type: General Announcement
Company NameYINSON HOLDINGS BERHAD  
Stock Name YINSON  
Date Announced17 Mar 2015  
CategoryGeneral Announcement
Reference NoMB-150317-60680

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS
DescriptionYINSON HOLDINGS BERHAD ("YHB" OR THE "COMPANY")

PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE SCHEME ("PROPOSED ESS")

This Announcement is dated 17 March 2015.

On behalf of the Board of Directors of YHB ("Board"), AmInvestment Bank Berhad ("AmInvestment Bank") wishes to announce that YHB proposes to establish and implement an employees' share scheme up to ten percent (10%) of the total issued and paid-up share capital of YHB (excluding treasury shares, if any) at any point in time during the duration of the scheme for the eligible Directors (including non-executive directors) and employees of YHB and its subsidiaries ("YHB Group" or "Group") ("Eligible Person(s)").

Please refer to the attachment for further details on the Proposed ESS.



ITRONIC - OTHERS INDUSTRONICS BERHAD (“IB" OR "THE COMPANY") Incorporation of A Wholly-owned Subsidiary Company in Hong Kong Itronic Management Limited

Announcement Type: General Announcement
Company NameINDUSTRONICS BERHAD  
Stock Name ITRONIC  
Date Announced17 Mar 2015  
CategoryGeneral Announcement
Reference NoCM-150317-62437

TypeAnnouncement
SubjectOTHERS
DescriptionINDUSTRONICS BERHAD (“IB" OR "THE COMPANY")
Incorporation of A Wholly-owned Subsidiary Company in Hong Kong
Itronic Management Limited

The Board of Directors of IB wishes to announce that the Company had incorporated a wholly-owned subsidiary in Hong Kong known as Itronic Management Limited (“ITRONIC”) with a paid-up capital of HK$10,000 divided into 10,000 ordinary shares of HK$1.00 each. The intended principal activity of ITRONIC is to carry on hospitality management.

The incorporation of ITRONIC is funded by internal resources and is not expected to have any material effects on the earnings or net assets of the Company for the financial year ending 31 December 2015.

None of the Directors and to the best knowledge of the Directors, none of the major shareholders or person connected to them has any interest, direct or indirect in the aforesaid incorporation.

This announcement is dated 17 March 2015.



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