November 11, 2013

Company announcements: REDTONE, AT, GDEX, PINEPAC, KULIM, KLK, FCW, CMSB, FACBIND

REDTONE - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced11 Nov 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoCK-131108-AA931

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalFree Detachable Warrants
No. of shares issued under this corporate proposal100,000
Issue price per share ($$)MYR 0.250
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units506,302,225
CurrencyMYR 50,630,222.500
Listing Date12/11/2013


AT - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameAT SYSTEMATIZATION BERHAD (ACE Market) 
Stock Name AT  
Date Announced11 Nov 2013  
CategoryPDF Submission
Reference NoOS-131108-64800

SubjectCIRCULAR TO SHAREHOLDERS

IN RELATION TO THE

(I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 196,845,765 NEW ORDINARY SHARES OF RM0.10 EACH IN AT (“RIGHTS SHARES”) TOGETHER WITH UP TO 196,845,765 FREE DETACHABLE WARRANTS (“WARRANT(S)”) ON THE BASIS OF ONE (1) RIGHTS SHARE TOGETHER WITH ONE (1) WARRANT FOR EVERY ONE (I) EXISTING ORDINARY SHARE OF RM0.10 EACH IN AT (“AT SHARES” OR “SHARES”);

(II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY FROM RM25,000,000 COMPRISING 250,000,000 AT SHARES TO RM100,000,000 COMPRISING 1,000,000,000 AT SHARES; AND

(III) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF THE COMPANY


GDEX - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameGD EXPRESS CARRIER BERHAD  
Stock Name GDEX  
Date Announced11 Nov 2013  
CategoryGeneral Announcement
Reference NoMI-131111-40055

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionGD EXPRESS CARRIER BHD (“GDEX” OR THE “COMPANY”)

(I) PROPOSED SUBDIVISION OF EVERY ONE (1) EXISTING SHARE OF RM0.10 EACH IN GDEX (“GDEX SHARE”) INTO TWO (2) ORDINARY SHARES OF RM0.05 EACH IN GDEX (“SUBDIVIDED SHARES”) (“PROPOSED SHARE SPLIT”);

(II) PROPOSED BONUS ISSUE OF UP TO 308,623,245 NEW SUBDIVIDED SHARES (“BONUS SHARES”) ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) SUBDIVIDED SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY WHOSE NAME APPEAR IN THE RECORD OF DEPOSITORS OF THE COMPANY AS AT THE CLOSE OF BUSINESS (“ENTITLED SHAREHOLDERS”) ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (“ENTITLEMENT DATE”) (“PROPOSED BONUS ISSUE”);

(III) PROPOSED ESTABLISHMENT OF A DIVIDEND REINVESTMENT PLAN THAT PROVIDES THE SHAREHOLDERS OF GDEX THE OPTION TO ELECT TO REINVEST THEIR CASH DIVIDEND IN NEW ORDINARY SHARES OF RM0.05 EACH IN GDEX (“PROPOSED DRP”); AND

(IV) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF GDEX TO FACILITATE AND ALLOW THE IMPLEMENTATION OF THE PROPOSED SHARE SPLIT (“PROPOSED AMENDMENTS”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
The terms used herein has the same meaning as those defined in the announcement made on 2 September 2013.
We refer to our announcements made on 2 September 2013 in relation to the Proposals.

On behalf of the Board of Directors of GDEX, RHB Investment Bank Berhad is pleased to announce that Bursa Securities had, vide its letter dated 8 November 2013, resolved to approve the Proposed Share Split, Proposed Bonus Issue and Proposed DRP, and the listing and quotation of GDEX securities to be issued pursuant to the Proposals as follows:

(i) up to 308,623,245 new Bonus Shares to be issued pursuant to the Proposed Bonus Issue;

(ii) up to 10,000,000 new ordinary shares of RM0.05 each pursuant to the Proposed DRP;

(iii) up to 88,184,234 additional Warrants 2011/2016 (“Warrants”) arising from the adjustments to the number of Warrants pursuant to the Proposed Share Split and Proposed Bonus Issue (“Adjustment Warrants”); and

(iv) up to 88,184,234 new ordinary shares of RM0.05 each arising from exercise of the Adjustment Warrants.

A. Proposed Share Split

(i) GDEX or RHB Investment Bank Berhad (“RHB”) is required to make the relevant announcements pursuant to paragraph 6.56(2)(ii)&(iii) and 13.10(2) of the Main Market Listing Requirements (“MMLR”); and

(ii) the quotation of the Subdivided Shares and the listing and quotation of the 44,092,117 adjustment warrants arising from the Proposed Share Split must be simultaneous.
    B. Proposed Bonus Issue
      The approval granted by Bursa Securities for the listing and quotation of up to 308,623,245 new Bonus Shares to be issued pursuant to the Proposed Bonus Issue, is subject to the following conditions:

      (i) GDEX and RHB must fully comply with the relevant provisions under the MMLR pertaining to the implementation of the Proposed Bonus Issue;

      (ii) GDEX and RHB to inform Bursa Securities upon the completion of the Proposed Bonus Issue;

      (iii) GDEX to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue is completed; and

      (iv) GDEX and RHB are required to make the relevant announcements pursuant to Paragraph 6.35(2)(a)&(b) and 6.35(4) of the MMLR.
        C. Proposed DRP

        The approval granted by Bursa Securities for the listing and quotation of up to 10,000,000 new Subdivided Shares pursuant to the Proposed DRP, is subject to the following conditions:

        (i) GDEX and RHB must fully comply with the relevant provisions under the MMLR pertaining to the implementation of the Proposed DRP;

        (ii) GDEX and RHB to inform Bursa Securities upon the completion of the Proposed DRP;

        (iii) GDEX to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed DRP is completed; and

        (iv) GDEX to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders at the extraordinary general meeting for the Proposed DRP.

        In addition to the above, GDEX is required to:

        (i) ensure full compliance with all the requirements pertaining to the Proposed Share Split, Proposed Bonus Issue and Proposed DRP respectively as provided under the MMLR at all times; and
          (ii) incorporate the comments made on the circular to shareholders provided in the same letter.

          This announcement is dated 11 November 2013.


          PINEPAC - OTHERS PINEHILL PACIFIC BERHAD ("PINEPAC" OR "COMPANY") - PROPOSED CHANGE OF AUDITORS

          Announcement Type: General Announcement
          Company NamePINEHILL PACIFIC BERHAD  
          Stock Name PINEPAC  
          Date Announced11 Nov 2013  
          CategoryGeneral Announcement
          Reference NoPP-131030-53021

          TypeAnnouncement
          SubjectOTHERS
          DescriptionPINEHILL PACIFIC BERHAD ("PINEPAC" OR "COMPANY")
          - PROPOSED CHANGE OF AUDITORS

          The Board of Directors of Pinepac wishes to inform that the Company had received a Notice of Nomination from Allgrow Capital (M) Sdn Bhd, a substantial shareholder of the Company, for the nomination of Messrs Baker Tilly Monteiro Heng as auditors of the Company for the financial year ending 30 June 2014 in place of the retiring auditors, Messrs Ernst & Young, and to hold office until the conclusion of the next annual general meeting of the Company, at a remuneration to be determined by the Directors ("Proposed Change of Auditors").

          The Proposed Change of Auditors is subject to and conditional upon approval being obtained from the shareholders at the forthcoming Ninety-First Annual General Meeting of the Company to be convened.

          This announcement is dated 11 November 2013.



          KULIM - 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 NameKULIM (MALAYSIA) BERHAD  
          Stock Name KULIM  
          Date Announced11 Nov 2013  
          CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
          Reference NoJC-131111-98B4E

          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 RM0.25 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)
          Disposed06/11/2013
          1,000,000
           

          Circumstances by reason of which change has occurredDisposal of shares from open market
          Nature of interestIndirect Interest
          Direct (units) 
          Direct (%) 
          Indirect/deemed interest (units) 
          Indirect/deemed interest (%) 
          Total no of securities after change65,616,900
          Date of notice07/11/2013

          Remarks :
          The notice was received via courier on 11 November 2013.


          KULIM - MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)

          Announcement Type: General Announcement
          Company NameKULIM (MALAYSIA) BERHAD  
          Stock Name KULIM  
          Date Announced11 Nov 2013  
          CategoryGeneral Announcement
          Reference NoJC-131111-A3373

          TypeAnnouncement
          SubjectMONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
          DescriptionStatistical Data for the month of October 2013
          The statistical data for the month of October 2013 is as per attachment.
          This announcement is dated 11 November 2013.


          KLK - OTHERS SCHEDULE FOR RELEASE OF 4TH QUARTER RESULTS

          Announcement Type: General Announcement
          Company NameKUALA LUMPUR KEPONG BERHAD  
          Stock Name KLK  
          Date Announced11 Nov 2013  
          CategoryGeneral Announcement
          Reference NoKL-131023-0FF44

          TypeAnnouncement
          SubjectOTHERS
          DescriptionSCHEDULE FOR RELEASE OF 4TH QUARTER RESULTS

          We wish to advise that the 4th Quarter Results (July to September 2013) of the KLK Group are scheduled for release on Wednesday, 20 November 2013.



          FCW - FCW-EXERCISE OF 974,672 WARRANTS 2007/2013 ("EXERCISE")

          Announcement Type: Listing Circular
          Company NameFCW HOLDINGS BERHAD  
          Stock Name FCW  
          Date Announced11 Nov 2013  
          CategoryListing Circular
          Reference NoZA-131108-70106

          LISTING'S CIRCULAR NO. L/Q : 69164 OF 2013

          Kindly be advised that the abovementioned Company's additional 974,672 new ordinary shares of RM0.50 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00 a.m., Wednesday, 13 November 2013.


          CMSB - 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 NameCAHYA MATA SARAWAK BERHAD  
          Stock Name CMSB  
          Date Announced11 Nov 2013  
          CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
          Reference NoCM-131111-49C29

          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 RM 1.00 each
          Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd - 13,031,900 shares
          -Employees Provident Fund Board

          Citigroup Nominees (Tempatan) Sdn Bhd - 2,040,000 shares
          -Employees Provident FD BD (Mayban)

          Citigroup Nominees (Tempatan) Sdn Bhd - 3,873,800 shares
          -Employees Provident FD BD (Nomura)

          Citigroup Nominees (Tempatan) Sdn Bhd - 3,010,300 shares
          -Employees Provident FD BD (Templeton)

          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)
          Disposed06/11/2013
          280,000
           
          Acquired06/11/2013
          100,000
           

          Circumstances by reason of which change has occurredAcquisition & Disposal

          Citigroup Nominees (Tempatan) Sdn Bhd
          -Employees Provident Fund Board
          Disposal of 280,000 shares

          Citigroup Nominees (Tempatan) Sdn Bhd
          -Employees Provident FD BD (Mayban)
          Acquisition of 100,000 shares
          Nature of interestDirect
          Direct (units) 
          Direct (%) 
          Indirect/deemed interest (units) 
          Indirect/deemed interest (%) 
          Total no of securities after change21,956,000
          Date of notice07/11/2013

          Remarks :
          The Form 29B dated 7 November 2013 was received on 11 November 2013.


          FACBIND - Annual Report

          Announcement Type: Document Receipt
          Company NameFACB INDUSTRIES INCORPORATED BERHAD  
          Stock Name FACBIND  
          Date Announced11 Nov 2013  
          CategoryDocument Receipt
          Reference NoGR-131111-43473

          Annual Report for Financial Year Ended30/06/2013
          SubjectAnnual Report

          Attachments

          FACBIND-AnnualReport2013.pdf
          913 KB






          Company announcements: GDEX, ABFMY1, CMSB, TIME, TITIJYA, GAMUDA, TROP, YTLPOWR, AWC

          GDEX - Circular/Notice to Shareholders

          Announcement Type: PDF Submission
          Company NameGD EXPRESS CARRIER BERHAD  
          Stock Name GDEX  
          Date Announced11 Nov 2013  
          CategoryPDF Submission
          Reference NoCC-131107-62063

          SubjectCIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE


          ABFMY1 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

          Announcement Type: General Announcement
          Company NameABF MALAYSIA BOND INDEX FUND  
          Stock Name ABFMY1  
          Date Announced11 Nov 2013  
          CategoryGeneral Announcement
          Reference NoAM-131111-5AB88

          TypeAnnouncement
          SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
          DescriptionABF Malaysia Bond Index Fund - Valuation Point as at 08-11-2013

          Fund: ABF Malaysia Bond Index Fund

          NAV per unit (RM): 1.0880
          Units in circulation (units): 647,421,800
          Manager's Fee (% p.a.): 0.10
          Trustee's Fee (% p.a.): 0.07
          License Fee (% p.a.): 0.018
          iBoxx ABF Malaysia Index: 1.4496
          Issue Price (RM): 1.09
          (rounded to nearest Sen)



          CMSB - Additional Listing Announcement

          Announcement Type: Additional Listing Announcement (ALA)
          Company NameCAHYA MATA SARAWAK BERHAD  
          Stock Name CMSB  
          Date Announced11 Nov 2013  
          CategoryAdditional Listing Announcement (ALA)
          Reference NoCM-131111-2D71E

          1. Details of Corporate Proposal

          Whether the corporate proposal involves the issuance of new type
          and new class of securities?
          No
          Types of corporate proposalESOS
          Details of corporate proposalEmployees' Share Option Scheme
          No. of shares issued under this corporate proposal100
          Issue price per share ($$)MYR 2.230
          Par Value ($$)MYR 1.000
          Latest issued and paid up share capital after the above corporate proposal in the following
          Units339,265,840
          CurrencyMYR 339,265,840.000
          Listing Date12/11/2013


          TIME - Circular/Notice to Shareholders

          Announcement Type: PDF Submission
          Company NameTIME ENGINEERING BERHAD  
          Stock Name TIME  
          Date Announced11 Nov 2013  
          CategoryPDF Submission
          Reference NoTE-131031-37148

          SubjectINDEPENDENT ADVICE CIRCULAR TO SHAREHOLDERS IN RELATION TO THE CONDITIONAL TAKE-OVER OFFER BY CENSOF HOLDINGS BERHAD THROUGH RHB INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM0.20 EACH IN TIME ENGINEERING BERHAD WHICH ARE NOT ALREADY OWNED BY CENSOF HOLDINGS BERHAD AND ITS PERSONS ACTING IN CONCERT (“OFFER SHARE(S)”) FOR A CASH CONSIDERATION OF RM0.20 FOR EVERY ONE (1) OFFER SHARE


          TITIJYA - Initial Public Offering (IPO)

          Announcement Type: Document Receipt
          Company NameTITIJAYA LAND BERHAD  
          Stock Name TITIJYA  
          Date Announced11 Nov 2013  
          CategoryDocument Receipt
          Reference NoGR-131111-32061

          SubjectINITIAL PUBLIC OFFERING IN CONJUNCTION WITH OUR LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING:

          (I) PUBLIC ISSUE OF 81,705,000 NEW ORDINARY SHARES OF RM0.50 EACH ("SHARES") IN THE FOLLOWING MANNER:

          • 17,000,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE PUBLIC;

          • 6,000,000 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP;

          • 34,000,000 NEW SHARES AVAILABLE FOR APPLICATION BY BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY;

          • 24,705,000 NEW SHARES BY WAY OF PLACEMENT TO SELECTED INVESTORS;

          AND

          (II) OFFER FOR SALE OF UP TO 49,500,000 EXISTING SHARES BY WAY OF PLACEMENT TO SELECTED INVESTORS,

          AT AN ISSUE/OFFER PRICE OF RM1.50 PER SHARE, PAYABLE IN FULL UPON APPLICATION


          GAMUDA - Additional Listing Announcement

          Announcement Type: Additional Listing Announcement (ALA)
          Company NameGAMUDA BERHAD  
          Stock Name GAMUDA  
          Date Announced11 Nov 2013  
          CategoryAdditional Listing Announcement (ALA)
          Reference NoGG-131107-4F7C0

          1. Details of Corporate Proposal

          Whether the corporate proposal involves the issuance of new type
          and new class of securities?
          No
          Types of corporate proposalOthers
          Details of corporate proposalConversion of Warrants (GAMUDA-WD)
          No. of shares issued under this corporate proposal125,750
          Issue price per share ($$)MYR 2.660
          Par Value ($$)MYR 1.000
          Latest issued and paid up share capital after the above corporate proposal in the following
          Units2,286,611,667
          CurrencyMYR 2,286,611,667.000
          Listing Date12/11/2013


          TROP - TROP-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")

          Announcement Type: Listing Circular
          Company NameTROPICANA CORPORATION BERHAD  
          Stock Name TROP  
          Date Announced11 Nov 2013  
          CategoryListing Circular
          Reference NoNE-131108-61992

          LISTING'S CIRCULAR NO. L/Q : 69163 OF 2013

          Kindly be advised that the abovementioned Company’s additional 256,100 new ordinary shares of RM1.00 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 12 November 2013.


          YTLPOWR - YTLPOWR-EXERCISE OF 5,732,500 WARRANTS 2008/2018 ("EXERCISE")

          Announcement Type: Listing Circular
          Company NameYTL POWER INTERNATIONAL BHD  
          Stock Name YTLPOWR  
          Date Announced11 Nov 2013  
          CategoryListing Circular
          Reference NoNE-131108-62774

          LISTING'S CIRCULAR NO. L/Q : 69162 OF 2013

          Kindly be advised that the abovementioned Company’s additional 5,732,500 new ordinary shares of RM0.50 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 12 November 2013.


          AWC - SHARE BUY-BACK STATEMENT IN RELATION TO THE PROPOSED RENEWAL OF THE AUTHORITY FOR SHARE BUY-BACK BY THE COMPANY

          Announcement Type: PDF Submission
          Company NameAWC BERHAD  
          Stock Name AWC  
          Date Announced11 Nov 2013  
          CategoryPDF Submission
          Reference NoCM-131108-32463

          SubjectSHARE BUY-BACK STATEMENT IN RELATION TO THE PROPOSED RENEWAL OF THE AUTHORITY FOR SHARE BUY-BACK BY THE COMPANY

          Attachments

          AWC Share Buy Back 2013-FA.pdf
          235 KB






          Company announcements: OGAWA

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

          Announcement Type: General Announcement
          Company NameOGAWA WORLD BERHAD  
          Stock Name OGAWA  
          Date Announced11 Nov 2013  
          CategoryGeneral Announcement
          Reference NoCC-131111-52892

          TypeAnnouncement
          SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
          DescriptionVOLUNTARY UNCONDITIONAL TAKE-OVER OFFER BY AMINVESTMENT BANK BERHAD (“AMINVESTMENT BANK”) ON BEHALF OF COMFORT ENTERPRISE (HONG KONG) CO., LIMITED (“CEHK” OR “OFFEROR”), A WHOLLY-OWNED SUBSIDIARY OF XIAMEN COMFORT SCIENCE & TECHNOLOGY GROUP CO., LTD (FORMERLY KNOWN AS XIAMEN EASEPAL GROUP CORP), TO ACQUIRE:

          (I) ALL THE ORDINARY SHARES OF RM0.50 EACH IN OGAWA WORLD BERHAD (EXCLUDING TREASURY SHARES) ("OGAWA") ("OGAWA SHARES") NOT ALREADY HELD BY THE OFFEROR; AND

          (II) ALL THE NEW OGAWA SHARES THAT MAY BE ISSUED PRIOR TO THE CLOSING OF THE OFFER ARISING FROM THE EXERCISE OF OUTSTANDING OPTIONS GRANTED BY OGAWA PURSUANT TO ITS EXECUTIVES’ SHARE OPTION SCHEME,

          (COLLECTIVELY KNOWN AS “OFFER SHARES”)

          FOR A CASH CONSIDERATION OF RM1.05 PER OGAWA SHARE (“OFFER”)
          We refer to the announcements dated 9 September 2013, 10 September 2013, 13 September 2013, 30 September 2013, 10 October 2013, 17 October 2013 and 28 October 2013, as well as the notice served on the Board of Directors of Ogawa dated 9 September 2013, the Offer Document dated 30 September 2013, the notice of extension dated 17 October 2013 and notice of unconditionality of the Offer dated 29 October 2013. Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the said announcements on the above matter.
          We wish to announce that Ogawa has on 11 November 2013 received the attached press notice from AmInvestment Bank, on behalf of the Offeror, notifying that the Offer has closed at 5.00 p.m. (Malaysian time) on Monday, 11 November 2013 (“Final Closing Date”).

          On the Final Closing Date, the Offeror holds 124,993,918 Ogawa Shares, representing approximately 97.85% of the issued and paid-up share capital of Ogawa (excluding 20,000 treasury shares).

          As announced on 28 October 2013, the Offeror has received valid acceptances of not less than nine-tenths (9/10) in nominal value of the Offer Shares and the Offeror will invoke the provisions of subsection 222(1) of the Capital Markets and Services Act, 2007 to compulsorily acquire any remaining Offer Shares for which acceptances have not been received under the Offer.

          This announcement is dated 11 November 2013.