March 16, 2015

Company announcements: PERDANA, TOPGLOV, ASTINO, THHEAVY, DIALOG, HARNLEN, ASIABRN, HWATAI

PERDANA - Change in Boardroom (Amended Announcement)

Announcement Type: Change in Boardroom
Company NamePERDANA PETROLEUM BERHAD  
Stock Name PERDANA  
Date Announced16 Mar 2015  
CategoryChange in Boardroom
Reference NoCA-150316-89A5F

Date of change13/03/2015
NameDato' Siew Boon Yeong
Age57
NationalityMalaysian
Type of changeAppointment
DesignationDirector
DirectorateIndependent & Non Executive
Qualifications-Certified Public Accountant
-Member of Malaysian Institute of Certified Public Accountants (MICPA)
-Chartered Accountant with Malaysian Institute of Accountants (MIA)
-Associate Member of Chartered Tax Institute of Malaysia (CTIM)
-Certified Financial Planner 
Working experience and occupation Dato’ Siew Boon Yeong started his auditing career and professional training with the international accounting firm Coopers & Lybrand in 1978 before establishing his own accounting practice in 1988. He has over 30 years of experience in the finance field specializing in auditing, taxation and corporate finance and has been involved in numerous assignments on due diligence, merger and acquisitions, debt restructuring and liquidation. He was also involved in Reporting Accountants’ engagements for many corporate exercises.

Since 2000, he had been appointed as director in seven public companies listed in Bursa Malaysia and he is currently sitting on the Board of two public listed companies. 
Directorship of public companies (if any)Ecofirst Consolidated Berhad
SeG International Berhad  
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 subsidiariesOrdinary Shares of RM0.50 each:
Direct: 1,123,160
Indirect: Nil

Warrants 2010/2015 of RM0.50 each:
Direct: 869,610
Indirect: Nil 

Remarks :
Gender: Male
This amended announcement is to include detail of gender of director.


TOPGLOV - 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 NameTOP GLOVE CORPORATION BHD  
Stock Name TOPGLOV  
Date Announced16 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTG-150313-31E20

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
for Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
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)
Disposed11/03/2015
279,900
 

Circumstances by reason of which change has occurredDisposal of shares by Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board.
Nature of interestDirect Interest
Direct (units)41,131,273 
Direct (%)6.662 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change41,131,273
Date of notice12/03/2015

Remarks :
The total number of 41,131,273 Ordinary Shares of RM0.50 each are held through the following holders:
1) 29,062,173 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board;
2) 1,500,000 Ordinary Shares are registered in the name of Employees Provident Fund Board;
3) 802,700 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (KIB);
4) 420,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (PHEIM);
5) 1,799,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (CIMB PRI); and
6) 7,547,400 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (TEMPLETON).

Top Glove Corporation Bhd received the Form 29B on 16 March 2015.


TOPGLOV - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (Diperbadankan)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTOP GLOVE CORPORATION BHD  
Stock Name TOPGLOV  
Date Announced16 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTG-150311-747D3

Particulars of substantial Securities Holder

NameKumpulan Wang Persaraan (Diperbadankan)
AddressAras 4,5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderKumpulan Wang Persaraan (Diperbadankan)
Aras 4,5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed09/03/2015
314,700
 

Circumstances by reason of which change has occurredDisposal of shares in open market by KWAP.
Nature of interestDirect Interest
Direct (units)44,968,100 
Direct (%)7.2835 
Indirect/deemed interest (units)6,642,100 
Indirect/deemed interest (%)1.0758 
Total no of securities after change51,610,200
Date of notice16/03/2015

Remarks :
Top Glove Corporation Bhd received the Form 29B on 16/03/2015.


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

Announcement Type: General Announcement
Company NameASTINO BERHAD  
Stock Name ASTINO  
Date Announced16 Mar 2015  
CategoryGeneral Announcement
Reference NoCC-150311-63978

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionACQUISITION OF PROPERTIES

The Board of Directors of Astino Berhad ("the Company") wishes to announce that the Company via its wholly owned subsidiary, Astino Agro-House Multi System Sdn Bhd, had on 13 March 2015 entered into three properties acquisition agreements with Giap Hoe Sdn Bhd to acquire land at Daerah Seberang Perai Selatan, Pulau Pinang, for a total consideration of RM19.469 million.

Please refer to the attachment for details of the announcement.


This announcement is dated 16 March 2015.



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

Announcement Type: General Announcement
Company NameTH HEAVY ENGINEERING BERHAD  
Stock Name THHEAVY  
Date Announced16 Mar 2015  
CategoryGeneral Announcement
Reference NoML-150316-58590

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionTH HEAVY ENGINEERING BERHAD (“THHE” OR “COMPANY”)

(I) PROPOSED RIGHTS ISSUE OF ICPS-i
(II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL
(III) PROPOSED AMENDMENTS

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

We refer to the announcement dated 13 February 2015 in relation to the Proposals. Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the aforesaid announcement.

On behalf of the Board, HLIB wishes to announce that the listing application to Bursa Securities in respect of the admission of the ICPS-i to the Official List of Bursa Securities, the listing of and quotation for the ICPS-i to be issued pursuant to the Proposed Rights Issue of ICPS-i as well as the listing of and quotation for the new THHE Shares to be issued pursuant to the conversion of the ICPS-i on the Main Market of Bursa Securities has been submitted today.

 

This announcement is dated 16 March 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 Announced16 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoDG-150316-8573D

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)
Acquired11/03/2015
1,879,800
 

Circumstances by reason of which change has occurredPurchase of shares.
Nature of interestDirect
Direct (units)586,919,512 
Direct (%)11.83 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change586,919,512
Date of notice16/03/2015

Remarks :
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Acquired 1,879,800 shares) - 489,598,116 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) - 10,654,934 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) - 24,416,640 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) - 4,748,800 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) - 6,100,000 shares
Total No. of shares - 586,919,512 shares


DIALOG - OTHERS MAIDEN CALL BY VLCC AT PENGERANG DEEPWATER TERMINAL

Announcement Type: General Announcement
Company NameDIALOG GROUP BERHAD  
Stock Name DIALOG  
Date Announced16 Mar 2015  
CategoryGeneral Announcement
Reference NoDG-150316-9A97B

TypeAnnouncement
SubjectOTHERS
DescriptionMAIDEN CALL BY VLCC AT PENGERANG DEEPWATER TERMINAL

Dialog Group Berhad (“DIALOG”) is pleased to announce that Pengerang Deepwater Terminal, with a draft of up to 24 metres, located at Pengerang, southeastern tip of Johor, Peninsular Malaysia has today received its very first Very Large Crude Carrier (“VLCC”) – the Liberian-registered “MT Mesdar”.

The 333-metre long vessel weighing in 315,802 metric tonnes arrived from the Middle East to discharge its crude oil cargo at Phase 1 of the deepwater terminal.

MT Mesdar” is the first VLCC to call at Pengerang and, the first to berth at Malaysian jetty, since the recent commissioning of the crude oil tanks in early March 2015. To date, more than 100 vessels have used the terminal which offers petroleum and crude storage facilities for trading purposes.

Phase 1 terminal of the Pengerang Deepwater Terminal which is owned by Pengerang Independent Terminals Sdn Bhd, a joint venture between DIALOG (46%), Royal Vopak (44%) and State Secretary, Johor (Incorporated) (“SSI, Johor”) (10%), had commenced operations in Q2 2014. Phase 1 has a storage capacity of approximately 1.3 million cubic metres together with six deepwater berths at a cost of RM2.0 billion with the capability to handle the storage, blending and distribution of crude oil, petroleum, chemical and petrochemical feedstock, products and by-products.

The Pengerang Deepwater Terminal, an Entry Point Project under the Economic Transformation Programme ("ETP"), is a deepwater terminal development on 500 acres of reclaimed sea-bed land with proposed storage capacity of 5 million cubic metres.

Strategically located at one of the world’s busiest shipping lanes with close proximity to the regional trading hub in Singapore, the Pengerang Deepwater Terminal project is built with deepwater jetty facilities, 24 metres deep, enabling it to handle VLCCs. The entire development may take another 10-15 years to be fully complete and will create huge impact to local communities through creation of many economic activities as it will also complement the RAPID project that was announced last year.

Upon completion, the Pengerang Deepwater Terminal will be able to handle the bulk breaking and bulk-building activities for crude oil, petroleum products and Liquefied Natural Gas (“LNG”). The Pengerang Deepwater Terminal has the potential to become a regional oil and gas hub owing to its strategic location close to one of the busiest international shipping lanes and close proximity to Singapore.

DIALOG is currently investing in the Pengerang Terminal Phase 2 Project at Pengerang Deepwater Terminal which involves the construction of the storage capacity of approximately 2.1 million cubic metres and a deepwater jetty with twelve berths at an approximate total project cost of RM6.3 billion.

DIALOG is also currently investing in the Pengerang LNG Project for the development of LNG regasification facilities comprising of a regasification unit and two (2) units of 200,000 cubic metres LNG storage tanks with an initial send out capacity of 3.5 million tonnes per annum (“MTPA”) (equivalent to approximately 490 million standard cubic feet per day (“MMscfd”) of natural gas at a total estimated project cost of approximately RM2.7 billion.

Phase 1 terminal together with the investments in Pengerang Terminal Phase 2 Project and Pengerang LNG Project at Pengerang Deepwater Terminal will synergise with DIALOG’s investments in tankage facilities in Kertih, Terengganu in eastern Peninsular Malaysia and Tanjung Langsat, Johor, in southern Peninsular Malaysia.

The development of Pengerang Deepwater Terminal is part of DIALOG’s business strategy to own terminals and tankage facilities which will result in an increase in its sources of sustainable and recurring income.

This announcement is dated 16 March 2015 and a copy of the press release by Pengerang Independent Terminals Sdn Bhd is attached herewith.



HARNLEN - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameHARN LEN CORPORATION BHD  
Stock Name HARNLEN  
Date Announced16 Mar 2015  
CategoryGeneral Announcement
Reference NoCJ-150313-B7E6D

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionHARN LEN CORPORATION BHD
SRI AMAN HIGH COURT SUIT NO. SRA-22-1/2-2012 BETWEEN AUGUSTINE GAWAN ANAK JAMES EVIN & SILI ANAK JAMPONG ("PLAINTIFFS") AND HARN LEN PELITA BENGUNAN SDN. BHD. ("HARN LEN PELITA" OR "DEFENDANT"), A 60% OWNED SUBSIDIARY COMPANY

We refer to the announcements made on 22 February 2012, 10 April 2012, 18 May 2012, 4 July 2012, 6 July 2012, 20 July 2012, 23 October 2012, 6 February 2013, 13 March 2013, 27 June 2013, 29 July 2013, 27 August 2013, 17 February 2014, 17 April 2014, 27 June 2014, 6 August 2014, 25 August 2014, 19 December 2014 and 15 January 2015 respectively.

The Court has ruled today that the Plaintiffs have failed to prove their case against Defendant and thus the Plaintiffs' claim in the action had been dismissed with costs in Defendant's favour.

Further be informed that, the Plaintiffs have a right of appeal against the said ruling to the Court of Appeal for which the notice of appeal has to be filed within one (1) month from the date of the delivery of the said ruling.

This announcement is dated 16 March 2015.



ASIABRN - OTHERS ASIA BRANDS BERHAD ("ABB") ISSUANCE OF ISLAMIC UNRATED ISLAMIC MEDIUM TERM NOTES OF UP TO RM200.0 MILLION ("SUKUK ANAKKU") IN NOMINAL VALUE PURSUANT TO AN ISLAMIC MEDIUM TERM NOTE PROGRAMME BY ANAKKU SDN. BHD. ("SUKUK PROGRAMME")

Announcement Type: General Announcement
Company NameASIA BRANDS BERHAD  
Stock Name ASIABRN  
Date Announced16 Mar 2015  
CategoryGeneral Announcement
Reference NoCS-150316-37986

TypeAnnouncement
SubjectOTHERS
DescriptionASIA BRANDS BERHAD ("ABB")

ISSUANCE OF ISLAMIC UNRATED ISLAMIC MEDIUM TERM NOTES OF UP TO RM200.0 MILLION ("SUKUK ANAKKU") IN NOMINAL VALUE PURSUANT TO AN ISLAMIC MEDIUM TERM NOTE PROGRAMME BY ANAKKU SDN. BHD. ("SUKUK PROGRAMME")

1. INTRODUCTION

The Board of Directors of ABB is pleased to announce that Anakku Sdn. Bhd. (the "Issuer"), a wholly-owned subsidiary of ABB, had on 16 March 2015, made the first issuance of RM100.0 million in nominl value of Sukuk Anakku under the Sukuk Programme.

The Issuer is principally engaged in trading and retailing in baby wear, care and related products through Heavy Traffic Outlets, distributors as well as retailing boutique outlets.

Kenanga Invesment Bank Berhad ("Kenanga IB") has been mandated by the Issuer as the Principal Adviser/ Lead Arranger and Facility Agent in respect of the Sukuk Programme.

2. DETAILS OF THE SUKUK PROGRAMME

The Sukuk Programme shall have a tenure of up to fifteen (15) years from the date of the first issue of the Sukuk Anakku. Sukuk Anakku may be issued with maturities of more than one (1) year and up to fifteen (15) years provided that the final maturities of any of the Sukuk Anakku shall not exceed the tenure of the Sukuk Programme.

The Sukuk Anakku to be issued under the Sukuk Programme shall be non-transferable and non-tradable.

3. UTILISATION OF THE PROCEEDS

Proceeds from the issuance of the Sukuk Anankku under the Sukuk Programme shall be utilised for Shariah-compliant purposes only, which amongst others, to finance the investment activities, capital expenditute, working capital requirements, and other general corporate purposes of the Issuer and/or its related companies.

This announcement is dated 16 March 2015.



HWATAI - Prospectus

Announcement Type: Document Receipt
Company NameHWA TAI INDUSTRIES BERHAD  
Stock Name HWATAI  
Date Announced16 Mar 2015  
CategoryDocument Receipt
Reference NoGR-150316-54561

SubjectRENOUNCEABLE RIGHTS ISSUE OF UP TO 60,063,600 NEW ORDINARY SHARES OF RM0.40 EACH IN HWA TAI INDUSTRIES BERHAD (“HWA TAI”) (“HWA TAI SHARE(S)”) (“RIGHTS SHARE(S)”) AT AN ISSUE PRICE OF RM0.40 PER RIGHTS SHARE ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY TWO (2) EXISTING HWA TAI SHARES HELD AT 5.00 P.M. ON 16 MARCH 2015, BASED ON A MINIMUM SUBSCRIPTION LEVEL OF 30,031,800 RIGHTS SHARES ("RIGHTS ISSUE")


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