UNIMECH - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | UNIMECH GROUP BERHAD |
| Stock Name | UNIMECH |
| Date Announced | 16 Mar 2015 |
| Category | General Announcement |
| Reference No | UG-150316-64565 |
| Type | Announcement | ||||||
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS | ||||||
| Description | Disposal of investment in associate company – All Torque Control Co. Ltd. | ||||||
Introduction Multiplex Control & Engineering Services Pte. Ltd. (“MCES’), a wholly owned subsidiary of Unimech Group Berhad (“UGB” or “the Company”) had on 16 March 2015 disposed off 40,000 shares of SGD1.00 each representing 40% equity interest in All Torque Control Pte. Ltd. (“ATC”) to Mr. Zhang ChengWan (“ZCW”) for a total cash consideration of SGD35,000 only (equivalent to RM93,216) (“the Disposal”). Upon the Disposal, ATC shall cease to be an associate company of MCES. Information on ATC ATC was incorporated on 9 March 2012 in The principal activities of ATC are marketing and supplying of pneumatic actuators for remote control valves for use in oil and gas, refinery, petrochemical, food industry, machine maker, power plant, water treatment plant, oil rig or platform and general trading. ATC has an unaudited shareholders’ fund of SGD97,740 as at 31 December 2014. Information of ZCW ZCW is a Disposal Consideration The cash consideration of SGD35,000 is based on the discounted shareholders’ fund of ATC as at 31 December 2014. Original Cost of the Investment The date and original cost of investment of MCES in ATC were as follows:-
Rationale for the Disposal ATC is not generating profitable income to the Group. Therefore, the Board of Directors of UGB and MCES have decided to dispose off ATC. UGB is satisfied that the Disposal of the 40% equity interest in ATC is at a reasonable price. Financial Effects The Disposal will not have any material effect on the net assets per share, earnings per share and gearing of UGB for the financial year ending 31 December 2015. The Disposal also has no effect on the share capital and substantial shareholders’ shareholding of UGB. No liability would be assumed by MCES and UGB in the Disposal of ATC. Directors’ and Major Shareholders’ Interest None of the Directors and Major Shareholders or persons connected to the Directors or Major Shareholders has any interest, direct or indirect in the Disposal. Approval Required The Disposal is not subject to the approval of the shareholders of UGB or any other governmental authorities. Statement by the Board of Directors The Board of Directors is of the opinion that the Disposal is in the best interest of UGB. Estimated Timeframe to Complete Barring any unforeseen circumstances, the Disposal is expected to be completed within one (1) month from the date of this announcement. Paragraph 10.02(g) of the Main Market Listing Requirements of The highest percentage ratio pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad applicable to the Disposal is 0.055%. This announcement is dated 16 March 2015
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PWORTH - Changes in Sub. S-hldr's Int. (29B) - Lim Nyuk Foh
| Company Name | PRICEWORTH INTERNATIONAL BERHAD |
| Stock Name | PWORTH |
| Date Announced | 16 Mar 2015 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-150316-59467 |
Particulars of substantial Securities Holder
| Name | Lim Nyuk Foh |
| Address | Utama Court, Ground Floor, Lot 2, Block C1 Mile 6, North Road 90000 Sandakan, Sabah |
| NRIC/Passport No/Company No. | 640430-12-5379 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
| Name & address of registered holder | Lim Nyuk Foh Utama Court, Ground Floor, Lot 2, Block C1 Mile 6, North Road 90000 Sandakan, Sabah |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 09/03/2015 | 1,927,000 |
PWORTH - Changes in Director's Interest (S135) - Lim Nyuk Foh
| Company Name | PRICEWORTH INTERNATIONAL BERHAD |
| Stock Name | PWORTH |
| Date Announced | 16 Mar 2015 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-150316-59958 |
Information Compiled By KLSE
Particulars of Director
| Name | Lim Nyuk Foh |
| Address | Utama Court, Ground Floor, Lot 2, Block C1 Mile 6, North Road 90000 Sandakan, Sabah |
| Descriptions(Class & nominal value) | Ordinary shares of RM0.10 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 1,927,000 |
| Circumstances by reason of which change has occurred | Acquired from open market |
| Nature of interest | Holder |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 52,278,511 |
| Direct (%) | 11.51 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 09/03/2015 |
TEKSENG - OTHERS TEK SENG HOLDINGS BERHAD (“TEK SENG”) - LETTER OF AWARD
| Company Name | TEK SENG HOLDINGS BERHAD |
| Stock Name | TEKSENG |
| Date Announced | 16 Mar 2015 |
| Category | General Announcement |
| Reference No | CC-150316-62743 |
| Type | Announcement |
| Subject | OTHERS |
| Description | TEK SENG HOLDINGS BERHAD (“TEK SENG”) - LETTER OF AWARD |
The Board of Directors of TEK SENG wishes to inform that its 68.09% owned subsidiary, TS Solartech Sdn. Bhd. was awarded by Sustainable Energy Development Authority Malaysia (“SEDA Malaysia”) vide their letter dated 13 March 2015 the Feed-in Tariff (FiT) quota under the Solar Photovoltaic for non-individual category with capacity more than 425kW until 1MW. This award does not have any material financial effects on TEK SENG Group for the financial year ending 31 December 2015. However, it is expected to contribute positively to the future earnings of TEK SENG Group. None of the Directors and/or major shareholders of TEK SENG and/or persons connected with them have any interest, whether direct or indirect in the above transaction. This announcement is dated 16 March 2015. | |
TALIWRK - OTHERS TALIWORKS CORPORATION BERHAD ("Taliworks" or "the Company") Proposed Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Shareholders' Mandate")
| Company Name | TALIWORKS CORPORATION BERHAD |
| Stock Name | TALIWRK |
| Date Announced | 16 Mar 2015 |
| Category | General Announcement |
| Reference No | CK-150310-53242 |
| Type | Announcement |
| Subject | OTHERS |
| Description | TALIWORKS CORPORATION BERHAD ("Taliworks" or "the Company") Proposed Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Shareholders' Mandate") |
The Board of Directors of Taliworks wishes to announce that the Company proposes to seek the approval of its shareholders on the Proposed Shareholders' Mandate at the forthcoming Twenty Fourth Annual General Meeting of the Company. The Circular in relation to the Proposed Shareholders’ Mandate will be dispatched to the shareholders of the Company in due course.
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MAHSING - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board ("EPF")
| Company Name | MAH SING GROUP BERHAD |
| Stock Name | MAHSING |
| Date Announced | 16 Mar 2015 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | MS-150316-7DC01 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board ("EPF") |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.50 each |
| Name & address of registered holder | 1. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board 2. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (RHB INV) 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 | 11/03/2015 | 18,700 |
| Remarks : |
| Form 29B was received on 16 March 2015. |
EG - Notice of Shares Buy Back by a Company pursuant to Form 28A
| Company Name | EG INDUSTRIES BERHAD |
| Stock Name | EG |
| Date Announced | 16 Mar 2015 |
| Category | Notice of Shares Buy Back by a Company Pursuant to Form 28A |
| Reference No | EI-150303-38819 |
RCECAP - Notice of Shares Buy Back - Immediate Announcement
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 16 Mar 2015 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | RC-150316-62424 |
PLS - MATERIAL LITIGATION
| Company Name | PLS PLANTATIONS BERHAD |
| Stock Name | PLS |
| Date Announced | 16 Mar 2015 |
| Category | General Announcement |
| Reference No | PP-150316-61664 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | PLS (“Plaintiff”) vs Josu Engineering Construction Sdn Bhd (“Defendant”) Shah Alam High Court Suit No. MT3-22-1373-2007 |
We refer to the
announcement dated 22 November 2012, 28 November 2012, 6 December 2012, 28 June
2013, 10 July 2013, 17 July 2013, 30 July 2013, 5 August 2013, 28 October 2013,
21 November 2013, 24 January 2014, 23 April 2014, 16 May 2014, 30 June 2014, 18
August 2014, 17 September 2014 and 14 October 2014 in relation to the above.
The Board of Directors of
PLS Plantations Berhad (formerly known as Pembinaan Limbongan Setia Berhad) (“Plaintiff
or the Company”) has been informed by its solicitor of the following update:- During the case management,
our solicitors informed the High Court that the arbitration proceedings were held
in March, 2015 over 4 days. Further hearing dates have been fixed over the
months from April to June 2015. The Court has now fixed for case management on
7 July 2015 to update on the arbitration proceedings. This announcement is dated 16
March 2015.
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REX - Changes in Director's Interest (S135) - Darmendran A/L Kunaretnam (Amended Announcement)
| Company Name | REX INDUSTRY BERHAD |
| Stock Name | REX |
| Date Announced | 16 Mar 2015 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | RI-150316-44832 |
Information Compiled By KLSE
Particulars of Director
| Name | Darmendran A/L Kunaretnam |
| Address | No 1, Jalan 5/58A, Gasing Indah, 46000 Petaling Jaya. |
| Descriptions(Class & nominal value) | Ordinary shares of RM1.00 |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 990,000 | ||
Acquired | 490,000 |
| Circumstances by reason of which change has occurred | Out of 10,451,213 shares: i)3,151,313 shares registered in the name of Darmendran A/L Kunaretnam were acquired via open market and, ii)7,300,000 shares registered in the name of Daiman Taipan Sdn Bhd were acquired via off market. |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 3,151,313 |
| Direct (%) | 5.62 |
| Indirect/deemed interest (units) | 7,300,000 |
| Indirect/deemed interest (%) | 13.02 |
| Date of notice | 06/03/2015 |
| Remarks : |
| 1) Out of 10,451,213 shares: i)3,151,313 ordinary shares are registered in the name of Darmendran A/L Kunaretnam. ii)7,300,000 shares registered in the name of Daiman Taipan Sdn Bhd. 2) The above acquisition via open market by, a) Mr Darmendran A/L Kunaretnam of 990,000 ordinary shares collectively represent 1.78% and b) Daiman Taipan Sdn Bhd of 490,000 ordinary shares collectively represent 0.87% of the total issued share capital of the Company respectively. The notice was received on 6 March 2015. |
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