HLCAP - PUBLIC SHAREHOLDINGS SPREAD
| Company Name | HONG LEONG CAPITAL BERHAD |
| Stock Name | HLCAP |
| Date Announced | 18 Mar 2015 |
| Category | General Announcement |
| Reference No | HC-150318-0FC3C |
| Type | Announcement |
| Subject | PUBLIC SHAREHOLDINGS SPREAD |
| Description | HONG LEONG CAPITAL BERHAD ("HLCB" OR THE "COMPANY") Status Announcement on Compliance with the Required Public Shareholding Spread |
We refer to the announcement dated 23 February 2015 wherein the Company informed that the Company had on even date written to Bursa Malaysia Securities Berhad ("Bursa Securities") to appeal against Bursa Securities' decision to impose a suspension on the trading of HLCB's shares. HLCB writes to inform that Bursa Securities has vide its letter dated 18 March 2015 informed the Company that the Appeals Committee of Bursa Securities has decided to dismiss the appeal and uphold the decision of the Listing Committee of Bursa Securities (as communicated to the Company vide Bursa Securities’ letter dated 12 February 2015) that a suspension be imposed on the trading of HLCB’s shares for breach of Paragraph 8.02(1) of the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”). In arriving at the aforesaid decision, the Appeals Committee affirmed similar factors taken into consideration by the Listing Committee including the following: (a) Bursa Securities has a statutory duty to ensure an orderly and fair market in the securities that are traded through its facilities. In this regard, the objective of the public shareholding spread requirement under the Listing Requirements is to ensure there is sufficient market liquidity to facilitate the buying and selling of the shares in an orderly manner and thereby, facilitating genuine price discovery; (b) There was significant lack of trading liquidity in HLCB shares during the period of non-compliance which rendered HLCB shares susceptible to substantial share price movement arising from trading by a small group of investors; (c) Bursa Securities had in the past issued 2 Unusual Market Activity queries as well as a Market Alert advising investors to exercise caution and to make informed decisions in the trading of HLCB shares; and (d) HLCB does not have a plan to rectify the shortfall in the public shareholding spread despite numerous extensions of time granted by Bursa Securities. The trading of HLCB’s shares will be suspended upon the expiry of 5 market days from even date, i.e. on Thursday, 26 March 2015. The suspension will only be uplifted upon full compliance of the public shareholding spread in accordance with Paragraph 8.02(1) of the Listing Requirements. The Company is required to announce the status of its efforts to comply with the public shareholding spread simultaneously with its quarterly results and in any event, not later than 2 months after the end of each quarter of its financial year. This announcement is dated 18 March 2015. | |
AXIATA - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 18 Mar 2015 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AG-150318-58157 |
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 | Incorporated in Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | 1) Employees Provident Fund Board ("EPF Board") Ibu Pejabat KWSP, Bangunan KWSP Jalan Raja Laut, 50350 Kuala Lumpur 2) Citigroup Nominees (Tempatan) Sdn Bhd (Citigroup) EPF Board 3) Citigroup EPF Board (AMUNDI) 4) Citigroup EPF Board (KIB) 5) Citigroup EPF Board (AFFIN-HWG) 6) Citigroup EPF Board (AM INV) 7) Citigroup EPF Board (NOMURA) 8) Citigroup EPF Board (CIMB PRI) 9) Citigroup EPF Board (ARIM) 10) Citigroup EPF Board (ABERDEEN) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 13/03/2015 | 3,000,000 | |
| Transferred | 13/03/2015 | 1,500,000 |
| Remarks : |
| 1) The total number of 1,134,337,131 ordinary shares comprised of the following:- a) Citigroup EPF Board - 1,042,294,906 b) EPF Board - 3,332,900 c) Citigroup EPF Board (AMUNDI) - 6,275,250 d) Citigroup EPF Board (KIB) - 969,000 e) Citigroup EPF Board (AFFIN-HWG) - 13,520,000 f) Citigroup EPF Board (AM INV) - 5,622,650 g) Citigroup EPF Board (NOMURA) - 36,089,500 h) Citigroup EPF Board (CIMB PRI) - 18,332,925 i) Citigroup EPF Board (ARIM) - 1,750,000 j) Citigroup EPF Board (ABERDEEN) - 6,150,000 2) Form 29B received on 18 March 2015 |
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