March 9, 2015

Company announcements: CIMBA40, CIMBC50, EITA, TENAGA, PW, NOMAD, RPB, MITRA

CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE ASEAN 40 MALAYSIA  
Stock Name CIMBA40  
Date Announced9 Mar 2015  
CategoryGeneral Announcement
Reference NoOB-150309-D140E

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
Date: 09-Mar-2015
IOPV per unit (RM): 1.8484
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: 10,467.19



CIMBC50 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE CHINA 50  
Stock Name CIMBC50  
Date Announced9 Mar 2015  
CategoryGeneral Announcement
Reference NoOB-150309-D13DB

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE China 50
Date: 09-Mar-2015
IOPV per unit (RM): 1.2635
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: 18,355.74



EITA - OTHERS EITA RESOURCES BERHAD (“EITA” or “THE COMPANY”) - PROPOSED JOINT VENTURE BETWEEN EITA-SCHNEIDER (MFG) SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF EITA, AND SHANGHAI STEP ELECTRIC CORPORATION

Announcement Type: General Announcement
Company NameEITA RESOURCES BERHAD  
Stock Name EITA  
Date Announced9 Mar 2015  
CategoryGeneral Announcement
Reference NoCM-150306-61922

TypeAnnouncement
SubjectOTHERS
DescriptionEITA RESOURCES BERHAD (“EITA” or “THE COMPANY”)
- PROPOSED JOINT VENTURE BETWEEN EITA-SCHNEIDER (MFG) SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF EITA, AND SHANGHAI STEP ELECTRIC CORPORATION

The Board of Directors (“Board”) of EITA Resources Berhad (“EITA” or “the Company”) wishes to announce that EITA-Schneider (Mfg) Sdn. Bhd. (“ESM”), a wholly owned subsidiary of EITA, has on 9 March 2015 entered into a Joint Venture Agreement with Shanghai STEP Electric Corporation (“STEP”) for the establishment of a 50:50 joint venture company (“JV Co.”) to manufacture, sell, market, distribute, design, repair and service “Elevator and Escalator Control System, Accessories and Equipment” in Malaysia and other specified countries and or regions outside China based on mutual consensus of ESM and STEP (“Proposed Joint Venture”).

ESM, a company incorporated in Malaysia on 19 May 2000, is principally involved in the sales, marketing, supply, design, manufacture, installation, testing and commissioning, servicing, repairs and maintenance of the various models, types and brand-name Elevator and Escalator Equipment and System in Malaysia, the Middle East, the ASEAN Region and other countries outside China.

STEP, a company incorporated in China on 10 March 1995 and which is now listed on the Shenzhen Stock Exchange, is a high-tech and elevator control system product company and a manufacturer in China for a wide range of products, including specialising in the development and manufacturing of elevator and escalator control board system, servo drive, elevator inverter, elevator integrated drive and controller, general vector inverter, elevator main controller board, car controller board, indicator board, high-speed DCVV, gearless VVVF, machine room-less and hydraulic elevators, and has a considerable market share in the business in China.

ESM and STEP recognise that the Proposed Joint Venture would greatly benefit both parties by combining the best and most advanced German, Chinese and Malaysian technology and they have agreed to undertake projects where their joint expertise, knowledge, market share and resources could be synergised to maximize its full potential and have agreed to conduct the business with mutual confidence, co-operation and for mutual benefit.

Upon execution of the Proposed Joint Venture, the new JV Co. will be formed under the proposed name of SIGRINER Automation (Mfg) Sdn. Bhd. (“SIGRINER”). The initial authorised share capital of SIGRINER shall be RM5.0 million (Ringgit Malaysia: Five Million) and the initial issued and paid-up share capital shall be RM1.0 million (Ringgit Malaysia: One Million). ESM and STEP shall each hold 50% equity interest in SIGRINER.

The Proposed Joint Venture will not have any effect on the issued and paid-up share capital of EITA and the shareholding of its substantial shareholders nor will it have any material effect on the earnings per share, net assets per share or gearing of EITA for the financial year ending 30 September 2015.

Insofar as the Board of EITA is able to ascertain, none of the Directors or substantial shareholders of EITA and/or persons connected to them have any interest, direct or indirect, in the Proposed Joint Venture.

The Board of EITA, having considered all aspects of the Proposed Joint Venture, is of the opinion that the Proposed Joint Venture is in the best interest of EITA group.

This announcement is dated 9 March 2015.



TENAGA - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Announcement Type: General Announcement
Company NameTENAGA NASIONAL BHD  
Stock Name TENAGA  
Date Announced9 Mar 2015  
CategoryGeneral Announcement
Reference NoMM-150309-40615

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionTENAGA NASIONAL BERHAD (“TNB” OR “OFFEROR”)

DISCLOSURE OF DEALINGS IN ACCORDANCE WITH SECTION 33 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS 2010 (“CODE”)

We refer to the announcement dated 9 January 2015 on the conditional take-over offer by TNB to acquire all the remaining ordinary shares of RM1.00 each in Integrax Berhad (“Integrax”) which are not already held by TNB.  

CIMB Investment Bank Berhad (“CIMB”) wishes to announce that CIMB, being a connected person to the Offeror, has dealt in ordinary shares of RM1.00 each in TNB (“TNB Shares”) for its own account on 6 March 2015, details of which are as follows:        

Nature of the Transaction

No of TNB Shares Transacted

Price per TNB Share* RM

Disposal 

2,000 

14.62000

 Note:

* Refers to price per share excluding broker’s commission, stamp duty, etc 

 

This announcement is dated 9 March 2015.



TENAGA - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Announcement Type: General Announcement
Company NameTENAGA NASIONAL BHD  
Stock Name TENAGA  
Date Announced9 Mar 2015  
CategoryGeneral Announcement
Reference NoTN-150309-42779

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionTENAGA NASIONAL BERHAD (“TNB” OR THE "COMPANY")

DISCLOSURE OF DEALINGS IN ACCORDANCE WITH SECTION 33 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS 2010 ("CODE")
We refer to the announcement dated 26 February 2015 on the conditional take-over offer by TNB to acquire all the remaining ordinary shares of RM1.00 each in Integrax Berhad (“Integrax/Integrax Shares”) which are not already held by TNB at a revised cash offer price of RM3.25 per Offer Share (“Revised Offer Price”).
The Company wishes to announce that Citigroup Nominees (Tempatan) Sdn. Bhd. has dealt in the ordinary shares of RM1.00 each in TNB (“TNB Shares”), details of which is as follows:-

Date of transaction
Name
Nature of the Transaction
No. of TNB Shares Transacted
Transaction Price*
RM
Total Consideration
RM
06/03/2015
Citigroup Nominees (Tempatan) Sdn. Bhd. Employees Provident
Fund Board (KAF FM)
Sell
220,000
14.6645
3,219,537.62
06/03/2015
Citigroup Nominees (Tempatan) Sdn. Bhd. Employees Provident
Fund Board (ARIM)
Buy
50,000
14.662
734,253.03
06/03/2015
Citigroup Nominees (Tempatan) Sdn. Bhd. Employees Provident
Fund Board
Buy
3,934,300
14.6484
57,730,373.16
* RM per TNB shares, excludes brokerage and other incidental costs.

This announcement is dated 9 March 2015.


PW - OTHERS PW Consolidated Bhd ("the Company") - Members' Voluntary Winding-Up of wholly owned dormant/inactive subsidiary

Announcement Type: General Announcement
Company NamePW CONSOLIDATED BHD  
Stock Name PW  
Date Announced9 Mar 2015  
CategoryGeneral Announcement
Reference NoCC-150302-7E4A1

TypeAnnouncement
SubjectOTHERS
DescriptionPW Consolidated Bhd ("the Company")
- Members' Voluntary Winding-Up of wholly owned dormant/inactive subsidiary

Further to the Company's announcement dated 10 January 2014 in relation to the members' voluntary winding-up of its wholly owned dormant/inactive subsidiary pursuant to Section 254(1)(b) of the Companies Act 1965 ("the Act"), the Board wishes to announce that the final meeting for PW Properties Sdn Bhd ("PWP") has been duly held on 6 March 2015 and the Return by Liquidator relating to Final Meeting (" the Return") has been lodged with the Companies Commission of Malaysia ("CCM") on 9 March 2015. Pursuant to Section 272(5) of the Act, PWP will be dissolved on the expiration of three (3) months after the lodging of the Return with CCM and the Official Receiver.

This announcement is dated 9 March 2015.



NOMAD - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameTHE NOMAD GROUP BHD  
Stock Name NOMAD  
Date Announced9 Mar 2015  
CategoryPDF Submission
Reference NoCC-150306-51431

SubjectNOTIFICATION TO SHAREHOLDERS OF THE NOMAD GROUP BHD IN RELATION TO THE RECEIPT OF NOTICE OF CONDITIONAL TAKE-OVER OFFER DATED 2 MARCH 2015 FROM PLENITUDE BERHAD THROUGH MERCURY SECURITIES SDN BHD TO ACQUIRE ALL THE ORDINARY SHARES OF RM1.00 EACH IN THE NOMAD GROUP BHD (“OFFER SHARES”) AT AN OFFER PRICE OF RM1.25 PER OFFER SHARE TO BE SATISFIED THROUGH THE ISSUANCE OF NEW ORDINARY SHARES OF RM1.00 EACH IN PLENITUDE BERHAD AT AN ISSUE PRICE OF RM2.50 EACH (“CONSIDERATION SHARES”), WHERE EACH HOLDER OF THE OFFER SHARES WHO ACCEPTS THE OFFER WILL RECEIVE ONE (1) CONSIDERATION SHARE FOR EVERY TWO (2) OFFER SHARES SURRENDERED


RPB - OTHERS RELIANCE PACIFIC BERHAD ("RPB" or "THE COMPANY") CHANGES IN THE COMPOSITION OF THE NOMINATING COMMITTEE

Announcement Type: General Announcement
Company NameRELIANCE PACIFIC BERHAD  
Stock Name RPB  
Date Announced9 Mar 2015  
CategoryGeneral Announcement
Reference NoRP-150307-51756

TypeAnnouncement
SubjectOTHERS
DescriptionRELIANCE PACIFIC BERHAD ("RPB" or "THE COMPANY")
CHANGES IN THE COMPOSITION OF THE NOMINATING COMMITTEE

The Board of Directors of RPB wishes to announce that Mr Lim Guan Chin an independent non-executive director has resigned as a member of the Nominating Committee with effect from 6 March 2015. The current Nominating Committee members are :

Tan Sin Chong (Chairman, Independent Non-Executive Director)

Johan Arifin Sopiee Bin Mohamed Noordin ( Independent Non-Executive Director).

 



RPB - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameRELIANCE PACIFIC BERHAD  
Stock Name RPB  
Date Announced9 Mar 2015  
CategoryChange in Audit Committee
Reference NoRP-150307-34682

Date of change06/03/2015
NameLim Guan Chin
Age76
NationalityMalaysian
Type of changeResignation
DesignationMember of Audit Committee
DirectorateIndependent & Non Executive
QualificationsBachelor of Science degree from University of Malaya 
Working experience and occupation Mr Lim Guan Chin worked in various organisations in the public and private sectors 
Directorship of public companies (if any)NIL 
Family relationship with any director and/or major shareholder of the listed issuerNIL 
Any conflict of interests that he/she has with the listed issuerNIL 
Details of any interest in the securities of the listed issuer or its subsidiariesIndirect shareholdings : 903,750 shares (0.10%) 
Composition of Audit Committee (Name and Directorate of members after change)Johan Arifin Sopiee Bin Mohamed Noordin (Chairman, Indpendent Non Executive Director)
Tan Sin Chong (Member, Independent Non Executive Director)


MITRA - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameMITRAJAYA HOLDINGS BERHAD  
Stock Name MITRA  
Date Announced9 Mar 2015  
CategoryAdditional Listing Announcement (ALA)
Reference NoCA-150306-41237

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
Yes
Types of corporate proposalOthers
Details of corporate proposalExercise of Warrants
No. of shares issued under this corporate proposal35,100
Issue price per share ($$)MYR 0.900
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units397,566,901
CurrencyMYR 198,783,450.500
Listing Date10/03/2015


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