Tuesday, March 31, 2015

Company announcements: BlackGoldNatural, USP Group, BRC Asia

BlackGoldNatural - Capital Reduction::Mandatory

Announcement Type: Capital Reduction
Company: BLACKGOLD NATURAL RESOURCESLTD
Stock Code/Name: 41H - BlackGoldNatural

Capital Reduction::Mandatory
Issuer & Securities
Issuer/ ManagerBLACKGOLD NATURAL RESOURCES LIMITED
SecurityBLACKGOLD NATURAL RESOURCESLTD - SG1AH0000001 - 41H
Announcement Details
Announcement Title Capital Reduction (Impacts shareholder)
Date & Time of Broadcast31-Mar-2015 20:25:04
StatusNew
Corporate Action ReferenceSG150331DECR0N3R
Submitted By (Co./ Ind. Name)PHILIP CECIL RICKARD
DesignationCHIEF EXECUTIVE OFFICER
Cash PayoutYes
Current Share Capital234,180,349.26
New Share Capital223,733,153.99
Event Narrative
Narrative TypeNarrative Text
Additional TextPlease refer to the attachment.
Disbursement Details
Cash Payment Details
Outstanding Securities Redeemed (%)4.4611750316
Attachments



BlackGoldNatural - Asset Acquisitions and Disposals::PROPOSED DISPOSAL OF 100% INTEREST IN NH SUBSIDIARIES - UPDATES

Announcement Type: Asset Acquisitions and Disposals
Company: BLACKGOLD NATURAL RESOURCESLTD
Stock Code/Name: 41H - BlackGoldNatural

Asset Acquisitions and Disposals::PROPOSED DISPOSAL OF 100% INTEREST IN NH SUBSIDIARIES - UPDATES
Issuer & Securities
Issuer/ ManagerBLACKGOLD NATURAL RESOURCES LIMITED
SecuritiesBLACKGOLD NATURAL RESOURCESLTD - SG1AH0000001 - 41H
Stapled SecurityNo
Announcement Details
Announcement Title Asset Acquisitions and Disposals
Date & Time of Broadcast31-Mar-2015 20:22:16
StatusNew
Announcement Sub TitlePROPOSED DISPOSAL OF 100% INTEREST IN NH SUBSIDIARIES - UPDATES
Announcement ReferenceSG150331OTHRCAFL
Submitted By (Co./ Ind. Name)PHILIP CECIL RICKARD
DesignationCHEIF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)Please refer to the attachment.
Attachments



USP Group - Share Buy Back - Daily Share Buy-Back Notice::Share Buy Back - Daily Share Buy-Back Notice

Announcement Type: Share Buy Back-On Market
Company: USP GROUP LIMITED
Stock Code/Name: A6F - USP Group

Share Buy Back - Daily Share Buy-Back Notice::Share Buy Back - Daily Share Buy-Back Notice
Issuer & Securities
Issuer/ ManagerUSP GROUP LIMITED
SecuritiesUSP GROUP LIMITED - SG1U46933891 - A6F
Stapled SecurityNo
Announcement Details
Announcement Title Share Buy Back - Daily Share Buy-Back Notice
Date & Time of Broadcast31-Mar-2015 20:27:27
StatusNew
Announcement Sub TitleShare Buy Back - Daily Share Buy-Back Notice
Announcement ReferenceSG150331OTHRWNDS
Submitted By (Co./ Ind. Name)Li Hua
DesignationCEO
Description (Please provide a detailed description of the event in the box below)Share buy back by way of market acquisition and all shares purchased are held as treasury shares.
Additional Details
Start date for mandate of daily share buy-back27/02/2015
Section A
Maximum number of shares authorised for purchase67,012,023
Purchase made by way of market acquisitionYes
Singapore ExchangeOverseas Exchange
Date of Purchase31/03/2015
Total Number of shares purchased2,023,100
Number of shares cancelled0
Number of shares held as treasury shares2,023,100
Price Paid per share
Price Paid per shareSGD 0.068
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 137,997.68
Section B
Purchase made by way of off-market acquisition on equal access schemeNo
Section C
Cumulative No. of shares purchased to date^NumberPercentage#
By way of Market Acquisition16,939,4002.5278
By way off Market Acquisition on equal access scheme00
Total16,939,4002.5278
#Percentage of company's issued shares excluding treasury shares as at the date of the share buy-back resolution
^From the date on which share buy-back mandate is obtained
Section D
Number of issued shares excluding treasury shares after purchase653,180,838
Number of treasury shares held after purchase16,939,400



BRC Asia - Change - Announcement of Cessation::CESSATION OF NON-EXECUTIVE DIRECTOR

Announcement Type: Announcement of Cessation
Company: BRC ASIA LIMITED
Stock Code/Name: B03 - BRC Asia

Change - Announcement of Cessation::CESSATION OF NON-EXECUTIVE DIRECTOR
Issuer & Securities
Issuer/ ManagerBRC ASIA LIMITED
SecuritiesBRC ASIA LIMITED - SG1I83884557 - B03
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast31-Mar-2015 20:29:03
StatusNew
Announcement Sub TitleCESSATION OF NON-EXECUTIVE DIRECTOR
Announcement ReferenceSG150331OTHRXRHD
Submitted By (Co./ Ind. Name)Lee Chun Fun
DesignationCompany Secretary
Description (Please provide a detailed description of the event in the box below)Cessation of Non-Executive Director
Additional Details
Name Of PersonChing Chiat Kwong
Age49
Is effective date of cessation known?Yes
If yes, please provide the date31/03/2015
Detailed Reason (s) for cessationTo facilitate the appointment of new director as requested by HG Metal Manufacturing Limited, the substantial shareholder of the Company.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?No
Any other relevant information to be provided to shareholders of the listed issuer?No
Date of Appointment to current position01/07/2014
Does the AC have a minimum of 3 members (taking into account this cessation)?Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Non-Executive Director
Role and responsibilitiesNon-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNone
Shareholding interest in the listed issuer and its subsidiaries?No
Past (for the last 5 years)Please refer to the Attachment.
PresentPlease refer to the Attachment.
Attachments



BRC Asia - Change - Announcement of Appointment::APPOINTMENT OF NON-EXECUTIVE DIRECTOR

Announcement Type: Announcement of Appointment
Company: BRC ASIA LIMITED
Stock Code/Name: B03 - BRC Asia

Change - Announcement of Appointment::APPOINTMENT OF NON-EXECUTIVE DIRECTOR
Issuer & Securities
Issuer/ ManagerBRC ASIA LIMITED
SecuritiesBRC ASIA LIMITED - SG1I83884557 - B03
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast31-Mar-2015 20:23:51
StatusNew
Announcement Sub TitleAPPOINTMENT OF NON-EXECUTIVE DIRECTOR
Announcement ReferenceSG150331OTHRT81R
Submitted By (Co./ Ind. Name)Lee Chun Fun
DesignationCompany Secretary
Description (Please provide a detailed description of the event in the box below)Appointment of Non-Executive Director
Additional Details
Date Of Appointment31/03/2015
Name Of PersonFoo Sey Liang
Age45
Country Of Principal ResidenceSingapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)The Board of Directors of BRC Asia Limited ("BRC") has accepted the recommendation of its nominating committee, which has reviewed Mr Foo Sey Liang's experience and approved the appointment of Mr Foo Sey Liang as a Non-Executive Director of BRC. Pursuant to BRC's Articles of Association, Mr Foo Sey Liang is subject to retirement and re-election at the next Annual General Meeting of BRC.
Whether appointment is executive, and if so, the area of responsibilityNon-Executive Director
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNA
Conflict of interests (including any competing business)NA
Working experience and occupation(s) during the past 10 yearsSince 23 April 2014 - Executive Director, HG Metal Manufacturing Limited

Since 2002 - Director, Unicos Tech Pte Ltd

Year 2002 to Year 2012 - Director, Oasis Logistics (S) Pte Ltd
Shareholding interest in the listed issuer and its subsidiaries?No
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)Please refer to the Attachment.
PresentPlease refer to the Attachment.
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?No
(c) Whether there is any unsatisfied judgment against him?No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?No
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; orNo
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; orNo
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; orNo
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?No
Any prior experience as a director of a listed company?Yes
If Yes, Please provide details of prior experienceExecutive Director, HG Metal Manufacturing Limited
Attachments



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