Finance Focus 财经焦点 - 07/07/2014
Highlights:
1. E&O --- To Buy 135 acres land from SIME ---
2. INARI --- Proposed Right Issue With Warrant ---
3. FAJAR --- Subsidiary Inks Deal to Extract Timber in Pahang ---
4. INGENCO --- Increased Investment in UESB ---
5. EFORCE --- Bonus Issue ---
6. GAMUDA --- Leads Pack for Multi-Billion Ringgit Penang Transport Job ---
===========
1. E&O --- To Buy 135 acres land from SIME ---
An Indirect subsidiary Eastern & Oriental Express Sdn Bhd proposed to acquire a parcel of freehold land measuring 135 acres from SIME for cash consideration of RM239.8mil. The land is part of 843 acres City of Elmina township. The Purchaser is proposing to undertake a “wellness” themed mixed development on the Land, to comprise of semi-detached houses, cluster houses, double storey link houses, condominiums, serviced apartments and a wellness centre. [Bursa]
-----
2. INARI --- Proposed Right Issue With Warrant ---
INARI proposed to undertake Right Issue at an indicative issue price of RM1.50 per Rights Share on the basis of 1 rights share for every 8 ordinary share held, together with 1 warrant at indicative exercise price of RM2.00. Proposed Rights Issue with Warrants is expected be completed in the fourth quarter of 2014. [Bursa]
-----
3. FAJAR --- Subsidiary Inks Deal to Extract Timber in Pahang ---
Fajarbaru Builder Group Bhd's 51% owned Billion Variety Sdn. Bhd has inked a deal to extract timber from the Hutan Simpan Berkelah in Jerantut, Pahang. It said on Friday Billion Variety had signed a RM6m deal with Cekal Kasih Sdn Bhd for the extraction of trees over a land area of 1,423 acres. Fajarbaru would contribute 51% or RM3.06mil of the cash consideration. The major species of timber to be extracted are meranti, merbau, keruing and kempas. [The Star]
-----
4. INGENCO --- Increased Investment in UESB ---
INGENCO had on 4th July 2014 increased its investment in the capital of Uptown Excel Sdn. Bhd. (UESB). thereby UESB has become a 51% owned subsidiary of INGENCO instead of a wholly-owned subsidiary previously. The remaining 49% equity participation in UESB is held by a Chinese citizen namely, Mr. Qiu Tao. The intended principal activity of UESB is to carry out the business of copyright owners of computer software programs designed for business and manufacturing concerns as retailers, wholesalers, dealers, distributors, importers, exporters of computer software of all kinds and description. [Bursa]
-----
5. EFORCE --- Bonus Issue ---
For the Bonus warrant on the basis of 1 warrant for every 2 existing ordinary shares, Ex date will be on 14 July, lodgement date will be on 17 July. [Bursa]
-----
6. GAMUDA --- Leads Pack for Multi-Billion Ringgit Penang Transport Job ---
GAMUDA Bhd is the favourite to land the job as the Project Development Partner (PDP) to oversee the implementation of key components of an integrated transportation plan on Penang island. The others in the running for the PDP job that is estimated at more than RM5.5bil for the initial phase are IJM Corp Bhd, MMC Corp Bhd, the Scomi Group and WCT Holdings Bhd. Two key components of the RFP would be to build a 17.5 kilometre light rail transit (LRT) project that connects the Komtar building to the airport and a link cutting across the island from Bayan Lepas to Tanjong Bungah. [The Star]
-----
7. EFORCE --- Proposed Investment in Winvest Global Sdn Bhd ---
The Board of Directors of EForce wishes to announce that EForce is currently evaluating a proposed investment in Winvest.
Currently, as terms of investment, the Company is in the midst of evaluating the proposed investment, the consideration and the percentage of equity participation are yet to be finalised for the time being. [Bursa]
Highlights:
1. E&O --- To Buy 135 acres land from SIME ---
2. INARI --- Proposed Right Issue With Warrant ---
3. FAJAR --- Subsidiary Inks Deal to Extract Timber in Pahang ---
4. INGENCO --- Increased Investment in UESB ---
5. EFORCE --- Bonus Issue ---
6. GAMUDA --- Leads Pack for Multi-Billion Ringgit Penang Transport Job ---
===========
1. E&O --- To Buy 135 acres land from SIME ---
An Indirect subsidiary Eastern & Oriental Express Sdn Bhd proposed to acquire a parcel of freehold land measuring 135 acres from SIME for cash consideration of RM239.8mil. The land is part of 843 acres City of Elmina township. The Purchaser is proposing to undertake a “wellness” themed mixed development on the Land, to comprise of semi-detached houses, cluster houses, double storey link houses, condominiums, serviced apartments and a wellness centre. [Bursa]
-----
2. INARI --- Proposed Right Issue With Warrant ---
INARI proposed to undertake Right Issue at an indicative issue price of RM1.50 per Rights Share on the basis of 1 rights share for every 8 ordinary share held, together with 1 warrant at indicative exercise price of RM2.00. Proposed Rights Issue with Warrants is expected be completed in the fourth quarter of 2014. [Bursa]
-----
3. FAJAR --- Subsidiary Inks Deal to Extract Timber in Pahang ---
Fajarbaru Builder Group Bhd's 51% owned Billion Variety Sdn. Bhd has inked a deal to extract timber from the Hutan Simpan Berkelah in Jerantut, Pahang. It said on Friday Billion Variety had signed a RM6m deal with Cekal Kasih Sdn Bhd for the extraction of trees over a land area of 1,423 acres. Fajarbaru would contribute 51% or RM3.06mil of the cash consideration. The major species of timber to be extracted are meranti, merbau, keruing and kempas. [The Star]
-----
4. INGENCO --- Increased Investment in UESB ---
INGENCO had on 4th July 2014 increased its investment in the capital of Uptown Excel Sdn. Bhd. (UESB). thereby UESB has become a 51% owned subsidiary of INGENCO instead of a wholly-owned subsidiary previously. The remaining 49% equity participation in UESB is held by a Chinese citizen namely, Mr. Qiu Tao. The intended principal activity of UESB is to carry out the business of copyright owners of computer software programs designed for business and manufacturing concerns as retailers, wholesalers, dealers, distributors, importers, exporters of computer software of all kinds and description. [Bursa]
-----
5. EFORCE --- Bonus Issue ---
For the Bonus warrant on the basis of 1 warrant for every 2 existing ordinary shares, Ex date will be on 14 July, lodgement date will be on 17 July. [Bursa]
-----
6. GAMUDA --- Leads Pack for Multi-Billion Ringgit Penang Transport Job ---
GAMUDA Bhd is the favourite to land the job as the Project Development Partner (PDP) to oversee the implementation of key components of an integrated transportation plan on Penang island. The others in the running for the PDP job that is estimated at more than RM5.5bil for the initial phase are IJM Corp Bhd, MMC Corp Bhd, the Scomi Group and WCT Holdings Bhd. Two key components of the RFP would be to build a 17.5 kilometre light rail transit (LRT) project that connects the Komtar building to the airport and a link cutting across the island from Bayan Lepas to Tanjong Bungah. [The Star]
-----
7. EFORCE --- Proposed Investment in Winvest Global Sdn Bhd ---
The Board of Directors of EForce wishes to announce that EForce is currently evaluating a proposed investment in Winvest.
Currently, as terms of investment, the Company is in the midst of evaluating the proposed investment, the consideration and the percentage of equity participation are yet to be finalised for the time being. [Bursa]
没有评论:
发表评论