April 14, 2015

Company announcements: MYETFDJ, MYETFID, AHP, HUNZPTY, BENALEC, ARMADA, PESTECH, PETDAG, MLGLOBAL, RAPID

MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25  
Stock Name MYETFDJ  
Date Announced14 Apr 2015  
CategoryGeneral Announcement
Reference NoOB-150414-1D557

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 – Valuation Point as at 14-Apr-15
Fund: MYETFDJ
NAV per unit (RM): 1.1690
Units in circulation (units): 251,900,000.00
Manager's Fee (p.a.): 0.40
Trustee's Fee (% p.a.): 0.05
Index License Fee (% p.a.): 0.04
DJIM25 Index : 1,046.38

 



MYETFID - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF MSCI MALAYSIA ISLAMIC DIVIDEND  
Stock Name MYETFID  
Date Announced14 Apr 2015  
CategoryGeneral Announcement
Reference NoOB-150414-1D53B

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF MSCI MALAYSIA ISLAMIC DIVIDEND – Valuation Point as at 14-Apr-15
Fund: MYETFID
NAV per unit (RM): 1.0363
Units in circulation (units): 21,600,000.00
Manager's Fee (p.a.): 0.40
Trustee's Fee (% p.a.): 0.045
Index License Fee (% p.a.): 0.06
MSCI Malaysia IMI Islamic HDY 10/40 Index: 2,414.87

 



AHP - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameAMANAH HARTA TANAH PNB  
Stock Name AHP  
Date Announced14 Apr 2015  
CategoryGeneral Meetings
Reference NoCU-150413-65818

Type of MeetingEGM
IndicatorOutcome of Meeting
Date of Meeting14/04/2015
Time03:00 PM
VenueThe Theatrette, Level 2 of Menara PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur.
Outcome of Meeting
We refer to the announcements dated 3 April 2015 and 4 March 2015 in relation to the Notice of Adjourned Extraordinary General Meeting ("Notice of Adjourned EGM") and Notice of the EGM ("Notice of EGM"), respectively.
On behalf of the Board of Directors of Pelaburan Hartanah Nasional Berhad, MIDF Amanah Investment Bank Berhad wishes to announce that the Special Resolutions and Ordinary Resolution as set out in the Notice of EGM were duly approved by the unit holders by way of poll at the Adjourned EGM held today on 14 April 2015. The details of the results of the poll voting are attached herewith.

Attachments

AHP - Poll Results.pdf
202 KB



HUNZPTY - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameHUNZA PROPERTIES BERHAD  
Stock Name HUNZPTY  
Date Announced14 Apr 2015  
CategoryGeneral Announcement
Reference NoCP-150414-38B3F

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionHUNZA PROPERTIES BERHAD (“HUNZPTY” OR “THE COMPANY”)

In the matter of the Civil Suit in Penang High Court, Civil Suit No. 22NCVC-29-03/2015 of Loke Wan Yat Realty Sdn. Bhd. with Hunza Properties (Gurney) Sdn. Bhd.

Please refer to the attachment as per Appendix I for further details on the Material Litigation.



BENALEC - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NameBENALEC HOLDINGS BERHAD  
Stock Name BENALEC  
Date Announced14 Apr 2015  
CategoryGeneral Announcement
Reference NoCK-150414-68536

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionBENALEC HOLDINGS BERHAD ("BENALEC" OR "THE COMPANY")
- MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN TANJUNG PIAI MARITIME INDUSTRIES SDN. BHD. ("TPMISB"), A WHOLLY-OWNED SUBSIDIARY OF BENALEC SDN. BHD. ("BSB"), WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF BENALEC, AND PESTECH SDN. BHD. ("PSB") DATED 13 APRIL 2015

The Board of Directors of Benalec wishes to announce that TPMISB, a wholly-owned subsidiary of BSB, which in turn is a wholly-owned subsudiary of Benalec had on 13 April 2015 entered into a MOU with PSB for exclusive exploratory efforts in the establishment of power supply infrastructure to the Tanjung Piai Integrated Petroleum and Maritime Industrial Park ("TPIPMIP") in Mukim Serkat, Daerah Pontian, Johor Darul Takzim.

Information on PSB

PSB (Company No.: 220578-T) is a company incorporated under the laws of Malaysia with place of business at No. 26, Jalan Utarid U5/14, Seksyen U5, 40150 Shah Alam, Selangor Darul Ehsan. PSB is a wholly-owned subsidiary of Pestech International Berhad, a Bursa Malaysia Securities Berhad Main Market listed company.

Salient Terms of the MOU

TPMISB desires to develop the TPIPMIP, a large scale integrated petroleum, petrochemical and maritime industries and other oil & gas-related services industrial park covering 3,485 acres in the state of Johor Darul Takzim.

TPMISB intends to work together with PSB on an exclusive basis to explore various avenues in the establishment of power supply infrastructure to the new development at TPIPMIP.

TPMISB and PSB (collectively known as “The Parties”) shall initiate discussions and form definitive contract within a period of six (6) months (“MOU Period”) on an exclusive basis from the date of the MOU or such further period(s) as may be mutually agreed upon by the Parties for the establishment of power supply infrastructure in TPIPMIP (“the Proposal”).

TPMISB agrees to engage PSB and its nominated consultant (if required) exclusively to apply, design, for the electrical infrastructures to TPIPMIP and subsequently to carry out design, manufacturing, testing, delivery of equipment and installation, construction and commissioning of the Proposal on a full turnkey basis via a project contract based on terms and conditions to be determined later (“Project Contract”).

The MOU will have no material effect on earnings, revenue and net assets per share of the Group for the financial year ending 30 June 2015 but is expected to contribute positively to the future earnings of the Group should the Project Contract materialized eventually.

The Company does not foresee any exceptional risk other than the normal operational risk associated with the MOU. The Company will take the necessary steps to mitigate the risks as and when it occurs.

None of the Directors and/or Major Shareholders and/or persons connected to them, has any interest, direct or indirect in the MOU.

The Board of Directors of Benalec is of the opinion that the MOU is in the best interest of the Company.

This announcement is dated 14 April 2015.



ARMADA - OTHERS SIGNING OF CONTRACT FOR THE SUPPLY OF ONE FLOATING STORAGE UNIT

Announcement Type: General Announcement
Company NameBUMI ARMADA BERHAD  
Stock Name ARMADA  
Date Announced14 Apr 2015  
CategoryGeneral Announcement
Reference NoBA-150414-C6E78

TypeAnnouncement
SubjectOTHERS
DescriptionSIGNING OF CONTRACT FOR THE SUPPLY OF ONE FLOATING STORAGE UNIT

INTRODUCTION

Bumi Armada Berhad (“Bumi Armada”) is pleased to announce that its wholly owned subsidiaries, Armada Floating Gas Storage Malta Ltd (“AFG Storage”) and Armada Floating Gas Services Malta Ltd (“AFG Services”), have, yesterday late evening (London time), entered into agreements with ElectroGas Malta Limited (“EGM”) for the conversion, supply and operations and maintenance, respectively, of one floating storage unit (“FSU”) for the project relating to the construction and operation of an LNG receiving terminal located at Delimara, Malta (collectively, “Contracts”). The effective date of the Contracts is 13 April 2015.

 

DETAILS OF THE CONTRACT
The Contracts are for a firm period of eighteen (18) years and two (2) months. The estimated aggregate value of the Contracts is approximately USD300 million (equivalent to approximately RM1.1 billion).

 

The FSU is expected to commence operations in the Delimara, Malta in 2016.

 

Both AFG Storage and AFG Services, are wholly-owned subsidiaries of Bumi Armada. AFG Storage is principally involved in the business of owning and chartering of ships and vessels among others whilst AFG Services is principally involved in the provision of marine support among others.

 

AFG Storage has identified an LNG carrier which has been approved by EGM, as the conversion vessel for this project. The acquisition of the LNG carrier is currently being finalised.


EGM has been awarded contracts by Enemalta Corporation (“Enemalta”) for the supply and delivery of natural gas and electricity to Enemalta’s facilities located at Delimara, Malta. Enemalta is the national electricity company of Malta, majority owned by the government of Malta. EGM is a joint venture company whose shareholders comprise Gasol plc, GEM Holdings Limited, Siemens Project Ventures GmbH and SOCAR Trading SA.


FINANCIAL EFFECT
The Contracts are expected to contribute positively to the earnings of the Bumi Armada Group for the financial year ending 31 December 2015 as well as the financial periods thereafter for the duration of the Contracts.


RISKS ASSOCIATED WITH THE CONTRACT
The risks associated with the Contracts are normal operational risks which are well understood by the Company and will be mitigated through Bumi Armada’s system of project management and internal business controls.

 

DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS
None of the Directors and/or major shareholders of the Company or persons connected to them have any interest, direct or indirect, in the Contracts.

 

This announcement is dated 14 April 2015.

 


PESTECH - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NamePESTECH INTERNATIONAL BERHAD  
Stock Name PESTECH  
Date Announced14 Apr 2015  
CategoryGeneral Announcement
Reference NoCS-150414-51370

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionPESTECH INTERNATIONAL BERHAD (“PESTECH” or “the COMPANY”)
– MEMORANDUM OF UNDERSTANDING (“MOU”) BETWEEN PESTECH SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, AND TANJUNG PIAI MARITIME INDUSTRIES SDN. BHD.

The Board of Directors of PESTECH wishes to announce that PESTECH Sdn. Bhd. ("PSB"), a wholly-owned subsidiary of the Company, had on 13 April 2015 entered into an MOU with Tanjung Piai Maritime Industries Sdn. Bhd. ("TPMI") for exclusive exploratory efforts in the establishment of power supply infrastructure to the Tanjung Piai Integrated Petroleum and Maritime Industrial Park (“TPIPMIP”), Mukim Serkat, Daerah Pontian, Johor Darul Takzim.

Information on TPMI

TPMI (Company No.: 943274-D) is a company incorporated under the laws of Malaysia with place of business at No. 38, Jalan Pengacara U1/48, Seksyen U1, Temasya Industrial Park, Glenmarie, 40150 Shah Alam, Selangor Darul Ehsan. TPMI is a wholly-owned subsidiary of Benalec Sdn Bhd, which in turn is a wholly-owned subsidiary of Benalec Holdings Berhad, a Bursa Malaysia Securities Berhad Main Market listed company.

Salient Terms of the MOU

TPMI desires to develop the TPIPMIP, a large scale integrated petroleum, petrochemical and maritime industries and other oil & gas-related services industrial park covering 3,485 acres in the state of Johor Darul Takzim.

TPMI intends to work together with PSB on an exclusive basis to explore various avenues in the establishment of power supply infrastructure to the new development at TPIPMIP.

TPMI and PSB (collectively known as “The Parties”) shall initiate discussions and form definitive contract within a period of six (6) months (“MOU Period”) on an exclusive basis from the date of the MOU or such further period(s) as may be mutually agreed upon by the Parties for the establishment of power supply infrastructure in TPIPMIP (“The Proposal”).

TPMI agrees to engage PSB and its nominated consultant (if required) exclusively to apply, design, for the electrical infrastructures to TPIPMIP and subsequently to carry out design, manufacturing, testing, delivery of equipment and installation, construction and commissioning of the Proposal on a full turnkey basis via a project contract based on terms and conditions to be determined later (“Project Contract”).

The MOU will have no material effect on earnings, revenue and net assets per share of the Group for the financial period ending 30 June 2015 but is expected to contribute positively to the future earnings of the Group should the Project Contract materialises eventually.

The Company does not foresee any exceptional risk other than the normal operational risk associated with the MOU. The Company will take the necessary steps to mitigate the risks as and when it occurs.

None of the Directors and/or Major Shareholders and/or persons connected to them, has any interest, direct or indirect in the MOU.

The Board of Directors of PESTECH is of the opinion that the MOU is in the best interest of the Company.

This announcement is dated 14 April 2015.



PETDAG - Annual Report 2014 - Errata

Announcement Type: Document Receipt
Company NamePETRONAS DAGANGAN BHD  
Stock Name PETDAG  
Date Announced14 Apr 2015  
CategoryDocument Receipt
Reference NoCK-150414-70059

Annual Report for Financial Year Ended31/12/2014
SubjectAnnual Report 2014 - Errata

Attachments

PETDAG-Errata.pdf
93 KB






MLGLOBAL - Annual Audited Accounts - 31 December 2014

Announcement Type: PDF Submission
Company NameML GLOBAL BERHAD  
Stock Name MLGLOBAL  
Date Announced14 Apr 2015  
CategoryPDF Submission
Reference NoCC-150403-63249

SubjectAnnual Audited Accounts - 31 December 2014

Attachments

ML Global - AFS 2014.pdf
842 KB






RAPID - Changes in Director's Interest (S135) - Dato' Dr Yu Kuan Chon

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameRAPID SYNERGY BERHAD  
Stock Name RAPID  
Date Announced14 Apr 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-150414-00208

Information Compiled By KLSE

Particulars of Director

NameDato' Dr Yu Kuan Chon
Address888 Taman Aman Muhibbah
32000 Sitiawan
Perak Darul Ridzuan
Descriptions(Class & nominal value)Ordinary Shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
10/04/2015
30,000
5.950 
Disposed
10/04/2015
150,000
5.800 

Circumstances by reason of which change has occurredOpen and Off Market Disposal
Nature of interestDirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)18,050,000 
Direct (%)20.64 
Indirect/deemed interest (units)7,530,661 
Indirect/deemed interest (%)8.61 
Date of notice14/04/2015

Remarks :
1. This announcement also serves as an announcement pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements.

2. The above open market disposal of 30,000 ordinary shares and off market disposal of 150,000 ordinary shares represents 0.03% and 0.17% respectively of the total issued share capital of the Company.

3. The notice of change in the Director's interest in shares was received from Dato' Dr Yu Kuan Chon on 14 April 2015.


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