GENTING PLANTATIONS BERHAD

EX-date 19/11/2013
Entitlement date 21/11/2013
Entitlement time 05:00:00 PM
Entitlement subject Special Dividend
Entitlement description Special interim cash dividend of RM0.44 less 25% income tax for every ordinary share of RM0.50 each in Genting Plantations Berhad (“Company”) held by the Company’s shareholders as at 5.00 p.m. on 21 November 2013 (“Special Interim Cash Dividend”)
Period of interest payment to
Financial Year End 31/12/2013
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no Special Registrar for the Special Interim Cash Dividend:

Tricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur

Tel. no.: +603 2264 3883
Fax no.: +603 2282 1886
Payment date 18/12/2013

GENTING PLANTATIONS BERHAD

EX-date 19/11/2013
Entitlement date 21/11/2013
Entitlement time 05:00:00 PM
Entitlement subject Others
Entitlement description Non-renounceable restricted issue of up to 151,769,400 new warrants in Genting Plantations Berhad (“GENP” or “Company”) (“Warrants”) at an issue price of RM1.65 per Warrant on the basis of 1 Warrant for every 5 existing ordinary shares of RM0.50 each in GENP held by the Company’s shareholders as at 5.00 p.m. on 21 November 2013 (“Entitled Shareholders”) (“Restricted Issue of Warrants”)

KLK to acquire two palm oil firms worth RM67.7m

Kuala Lumpur Kepong Bhd (KLK) has entered into an agreement with Biopalm Energy Ltd (BEL) of Singapore to acquire the latter’s interests in Liberian Palm Developments Ltd (LPD) and Equatorial Palm Oil Plc (EPO) for RM67.7 million cash.

In a filing with Bursa Malaysia yesterday, KLK said it has proposed to acquire 50% equity interest in LPD and 20.1% stake in EPO. The agreement also involves the assignment of BEL’s loans of US$608,000 (RM1.9 million) to LPD.

EPO is listed on the Alternative Investment Market of the London Stock Exchange, while LPD is incorporated in Mauritius.

LPD, which is also 50% owned by EPO, holds two 50-year concessions in Liberia to rehabilitate and develop oil palm plantations in the country totalling 25,547ha. A further 61,111ha is earmarked for future joint expansion with the local community under a proposed training and outgrower programme.

KLK has proposed to finance the acquisition through internally generated funds.

KLK said it has also entered into a loan agreement with LPD for a loan of US$2 million.

Additionally, KLK has entered into a deed of assignment of liabilities with EPO, whereby EPO would assign to KLK US$6 million of outstanding loans due to EPO from LPD, for a cash consideration of US$2 million.

A deed of assignment is a document relating to a letter of credit in which the beneficiary may assign all or a portion of the proceeds of the letter of credit to a third party.

These two agreements were proposed to provide funds for LPD’s immediate working capital requirements in relation to the development of LPD’s oil palm estates in Liberia.

EPO is a loss-making palm oil development company with operations in Liberia, while LPD is a joint-venture between EPO and BEL.

Rhb recommend Neutral on KLK with FV @ 22.40

Description SCHEDULE 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.

Description KUALA LUMPUR KEPONG BERHAD ("KLK" OR "THE COMPANY")
PROPOSED ACQUISITION OF SHARES IN LIBERIAN PALM DEVELOPMENTS LTD ("LPD") AND EQUATORIAL PALM OIL PLC ("EPO")

We refer to our earlier announcement made on 7 November 2013 in connection with the following transactions:

i. the acquisition by KLK of a 50.0% equity interest in LPD equivalent to 500 ordinary shares of USD1 each;

ii. the acquisition by KLK of a 20.1% equity interest in EPO equivalent to 40,260,991 ordinary shares of GBP1 pence each (EPO holds the balance 50.0% equity interest in LPD); and

iii. the assignment to KLK of Biopalm Energy Limited’s shareholders loans to LPD totaling USD608,000.

(hereinafter referred to as “the Proposed Acquisition”).

We are pleased to inform that the Proposed Acquisition was completed on 11 November 2013. Following such completion, LPD shall be a subsidiary of KLK.

The Board of Directors of Kim Loong Resources Berhad ("KLRB") wishes to announce that its wholly-owned subsidiary, Winsome Plantations Sdn. Bhd. ("WPSB") has on 8th November, 2013 procured the incorporation of a wholly-owned subsidiary company called Winsome Pelita (Kranggas) Sdn. Bhd. (Company No.1069444-H) ("WPKSB").


WPKSB is a private limited company incorporated in Malaysia under the Companies Act, 1965 on 8th November, 2013. WPKSB has an authorised capital of RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each, of which 2 shares have been issued and are fully paid-up. The 2 shares are held one each by Mr. Gooi Seong Lim and Mr. Gooi Seong Heen in trust for the benefit of WPSB. Both of them are directors of KLRB, WPSB and WPKSB.


WPKSB intends to carry on the business of cultivation of oil palm.


The incorporation of WPKSB will not have any material effect on the earnings, net assets and gearing of KLRB Group for the financial year ending 31st January, 2014.


None of the Directors and major shareholders of KLRB and its subsidiaries or person connected to them, have any interest, direct or indirect, in the subject matter.


This announcement is dated 12th November, 2013.

Sarawak State Financial Secretary acquires 23.14 million shares in Sarawak Oil Palms

The Sarawak State Financial Secretary (SFS) has acquired about 23.14 million shares in Sarawak Oil Palms Bhd (SOP) from a government-linked corporation (GLC).

The GLC is believed to be Pelita Holdings Bhd, which disposed of a similar amount of shares on Oct 22. Pelita Holdings has reduced its stake in the Miri-based oil palm company to 94.78 million units or 21.6%.

Pelita Holdings owned 124.59 million shares or 28.49% in SOP and was its second single largest shareholder as at May 7 this year, according to SOP’s annual report.

The single largest shareholder is Shin Yang Plantation Sdn Bhd, with some 126.3 million shares or 28.88%.

With the acquisition, SFS has upped its stake in SOP to about 28.81 million units or 6.8%, according to a filing with Bursa Malaysia yesterday.

SOP said in a separate filing that the group produced 97,664 tonnes of fresh fruit bunches (FFBs), 37,778 tonnes of crude palm oil (CPO) and 8,222 tonnes of palm kernel last month.

These figures were higher than 96,031 tonnes (FFBs), 34,929 tonnes (CPO) and 7,750 tonnes (palm kernel) recorded in September.

SOP expanded its oil palm estates to 63,261ha with an additional 506ha planted last year.

The group also replanted 219ha in 2012.

Of the total holdings, more than 18,100ha of the palms or 28.7% were immature while some 25,100ha of palms or 39.7% were young (four to 10 years), 15,000ha or 23.8% were prime (11-20 years) while the remaining nearly 5,000ha of the palms were aged 21 and above.

The group produced more than 887,000 tonnes of FFBs last year, the highest ever.

SOP owns six palm oil mills with a combined processing capacity of 495 tonnes per hour, and a palm oil refinery and kernel crushing plant in Bintulu.

GENTING PLANTATIONS BERHAD ("GENP" or "the Company")
UPDATE ON PROPOSED JOINT VENTURE FOR THE OIL PALM CULTIVATION IN KABUPATEN KETAPANG, PROVINSI KALIMANTAN BARAT, REPUBLIC OF INDONESIA ("JV")
- Proposed Re-organisation of JV Structure

http://www.bursamalaysia.com/market/listed...cements/1463449

Hwang DBS recommend Buy on TSH Resources with TP @ 3.00

TSH 3Q profit jumps 409% yoy to RM83m on Pontian sale

TSH Resources Bhd reported a net profit of RM83.2 million for the third quarter to September 2013 (3Q), registering an increase of 409% from RM16.3 million posted in similar quarter in the previous year.

But revenue for 3Q fell to RM219.3 million from RM260.4 million in the preceding year.

“The increase in profit was attributed to the gain on disposal of investment securities in Pontian United Plantation Berhad, higher crop production and higher contribution from the share of profit in the jointly controlled entities,” the company said.

For the cumulative 9 months, profits rose to RM120.4 million from RM46.0 million in the preceding year corresponding period.

Cumulative revenue for the nine months fell to RM738.1 million from RM 766.8 million.

“The board remains optimistic on the long term prospect of the palm oil industry and will continue to focus on oil palm planting programme in Indonesia while also actively exploring expansion opportunities in Malaysia,” said the plantation company.

KULIM (MALAYSIA) BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description SHAH ALAM HIGH COURT WRIT SUMMONS NO. : 23NCVC-27-09/2013
Plaintiff : Dato' Muhammad Hafidz Bin Nuruddin
Defendant : 1. Ramlan Bin Juki - First Defendant
2. Sindora Berhad - Second Defendant
Kulim (Malaysia) Berhad (“Kulim” or “the Company") refers to its announcements dated 30 September 2013 and 17 October 2013 (“Announcements”), and unless otherwise stated, the defined terms used in this announcement shall carry the same meaning as defined in the said Announcements.
Following the case management held on even date, Kulim wishes to announce that the High Court has fixed the matter for case management on 6 December 2013 to enable the Plaintiff to file the Reply to the defense.

Further announcement will be made in respect of any material development thereof.

This announcement is dated 19 November 2013.

BATU KAWAN BERHAD

EX-date 20/02/2014
Entitlement date 24/02/2014
Entitlement time 04:00:00 PM
Entitlement subject Final Dividend
Entitlement description A Final Single Tier Dividend of 40 sen per share.
Period of interest payment to
Financial Year End 30/09/2013
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no Symphony Share Registrars Sdn Bhd
55, Medan Ipoh 1A, Medan Ipoh Bistari,
31400 Ipoh, Perak Darul Ridzuan.

Tel No.: 05-5474833
Fax No.: 05-5474363
Payment date 20/03/2014

Quarterly rpt on consolidated results for the financial period ended 30/9/2013
BATU KAWAN BERHAD
http://www.bursamalaysia.com/market/listed...cements/1466709

KULIM (MALAYSIA) BERHAD (“KULIM” OR THE “COMPANY”)

PROPOSED ESTABLISHMENT OF AN EMPLOYEES’ SHARE OPTION SCHEME (“ESOS”) (“PROPOSED ESOS”)

We refer to the announcements dated 18 October 2013 and 14 November 2013 in relation to the Proposed ESOS.

On behalf of the Board of Directors of Kulim, RHB Investment Bank Berhad (“RHB Investment Bank”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 20 November 2013, approved the listing of such number of additional new Kulim Shares, representing up to five percent (5%) of the issued and paid-up ordinary share capital of Kulim (excluding treasury shares), to be issued pursuant to the exercise of the ESOS options under the Proposed ESOS.

The approval of Bursa Securities for the Proposed ESOS is subject to the following conditions:-

(i) RHB Investment Bank is required to submit a confirmation to Bursa Securities on the full compliance of the Proposed ESOS pursuant to paragraph 6.43(1) of the Main Market Listing Requirements, stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in the general meeting; and
(ii) Kulim is required to furnish Bursa Securities on a quarterly basis a summary of the total number of ESOS shares listed as at the end of each quarter together with a detailed computation of listing fees payable.
This announcement is dated 20 November 2013.

SARAWAK OIL PALMS BERHAD

The disposal of part of Lot 120 Block 13 Bukit Kisi Land District

The Board of Directors of Sarawak Oil Palms Berhad (“SOP” or “the Company”) wishes to announce that on 22 November 2013, SOP had entered into a Sale and Purchase Agreement with SOP Properties Sdn Bhd (“SOP PROPERTIES” or “the Purchaser”) (Company No.558668-A) for the disposal of part of Lot 120 Block 13 Bukit Kisi Land District situated at 27th/28th Mile, Miri Bintulu Road, Miri (“LOT 120”), containing an area measuring approximately 30.655 hectares (“Sale Portion”).

This post has been edited by davinz18: Nov 22 2013, 06:51 PM

Public recommend Buy on Tsh with FV @ 2.79

Quarterly rpt on consolidated results for the financial period ended 30/9/2013
KRETAM HOLDINGS BERHAD
http://www.bursamalaysia.com/market/listed...cements/1469381

Quarterly rpt on consolidated results for the financial period ended 30/9/2013
IJM PLANTATIONS BERHAD
http://www.bursamalaysia.com/market/listed...cements/1472789

Quarterly rpt on consolidated results for the financial period ended 30/9/2013
HAP SENG PLANTATIONS HOLDINGS BERHAD
http://www.bursamalaysia.com/market/listed...cements/1472941