【SAMUDRA 7185 交流专区】东洋工程

icy97

icy97 发表于 14-2-2014 03:18 AM
东洋工程遭追债2145万

财经新闻 财经  2014-02-14 10:07

遭追讨2145万欠款 东洋工程狮城特易购和解

财经新闻 财经  2014-06-18 11:22
（吉隆坡17日讯）东洋工程（SAMUDRA，7185，主板贸服股）与新加坡特易购（TESCO）达成协议，庭外和解。

该公司向马交所报备，特易购将法庭申请，撤销对东洋工程的诉讼。

今年2月，东洋工程遭特易购追讨645万7877美元（约2145万6000令吉）欠款。

当时，新加坡特易购私限定东洋工程在3月3日前偿还欠款，否则将提出清盘申请。【南洋网财经】

Type	Announcement
Subject	OTHERS
Description	KEJURUTERAAN SAMUDRA TIMUR BERHAD ("KSTB" OR "THE COMPANY") - STATUTORY NOTICE PURSUANT TO SECTION 218(2)(A) OF THE COMPANIES ACT, 1965
We act for and on behalf of KSTB. Further to the announcements made on 13 February 2014, 26 February 2014, 28 February 2014, 1 April 2014 and 22 May 2014, in relation to the above matter, the Board of KSTB wishes to inform that a settlement has been reached between Tesco Singapore Pte Ltd (“Tesco”) and the Company where Tesco will take the necessary steps to withdraw its arbitration proceedings against the Company in Singapore. Upon withdrawal of the said arbitration proceedings by Tesco, the order obtained by KSTB in the Kuala Lumpur High Court will become redundant. This announcement is dated 17 June 2014.

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SUMMARY OF KEY FINANCIAL INFORMATION 30/06/2014

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/06/2014	30/06/2013	30/06/2014	30/06/2013
		$$'000	$$'000	$$'000	$$'000

1	Revenue	3,402	2,080	10,737	9,580
2	Profit/(loss) before tax	62,255	573	61,277	8,023
3	Profit/(loss) for the period	54,242	-17,831	54,910	-7,078
4	Profit/(loss) attributable to ordinary equity holders of the parent	54,231	-17,758	54,932	-6,942
5	Basic earnings/(loss) per share (Subunit)	37.92	-12.42	38.41	-4.85
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.6610		0.1530

icy97

东洋子公司缅甸联营

财经新闻 财经  2014-09-13 12:34
（吉隆坡12日讯）东洋工程（SAMUDRA，7185，主板贸服股）子公司Samudra Timur（简称STSB）携手BholatGeneral服务（简称BGSCL），在缅甸成立一家联营公司。

东洋工程通过文告表示，联营公司名为Bholat Samudra Timur石油服务，STSB将持49%股权，而BGSCL则持51%。

联营公司的主要业务，是为油田服务领域提供检验服务，此外，也为油管提供维修服务、代理业务、技术、商业、管理顾问和咨询服务。
另外，也可为新项目进行可行性研究、项目制定和评估。

获2合约

根据年报，东洋工程在缅甸获颁两项合约，为该国上游业者提供油管处理服务，为期三年。

不过，该公司已将这主要业务脱售给Destini（DESTINI，7212，主板贸服股），4月起已陷入PN17行列。【南洋网财经】

Type	Announcement
Subject	OTHERS
Description	KEJURUTERAAN SAMUDRA TIMUR BERHAD ("THE COMPANY" OR "KSTB")- JOINT-VENTURE ON FORMATION OF NEW COMPANY IN MYANMAR
We act for and on behalf of KSTB. The Board of KSTB is pleased to announce that Samudra Timur Sdn. Bhd. (“STSB”), the wholly-owned subsidiary of the Company had on 26 August 2014 entered into a memorandum of association with Bholat General Services Co., Ltd. (“BGSCL”) to form a limited liability company in the name of “Bholat Samudra Timur Oil Services Company Limited” (“BSTOSCL”) in Myanmar with the capital of Ks. 1,000,000,000/- (Kyats One Thousand Million only) divided into 10,000 shares of Ks. 100,000/- (Kyats One Hundred Thousand only) each, which would be held by BGSCL (51%) and STSB (49%). The principal activities of BSTOSCL would be as follows:- (a)              Provide Inspection services for oilfield services; (b)              Provide maintenance services for easing tubing; (c)              Provide preasure testing services; (d)              Agency business, technical consultants, business consultants, management consultants and advisory services; and (e)              Business of feasibility study on new projects, projects formulation, project appraisal and project evaluation. None of the Directors and/or major shareholders of KSTB or persons connected to them have any interest, direct and/or indirect, in the above formation of BSTOSCL. This announcement is dated 11 September 2014.

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KEJURUTERAAN SAMUDRA TIMUR BERHAD

Type	Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID	NM-140917-53843
Subject	KEJURUTERAAN SAMUDRA TIMUR BERHAD - JOINT-VENTURE ON FORMATION OF NEW COMPANY IN MYANMAR
Description	KEJURUTERAAN SAMUDRA TIMUR BERHAD - JOINT-VENTURE ON FORMATION OF NEW COMPANY IN MYANMAR
[Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as those defined in the announcement dated 11 September 2014 in relation to the Joint-Venture on Formation of New Company in Myanmar (“Announcement”)] We refer to the Announcement and the queries from Bursa Malaysia Securities Berhad (“Bursa Securities”)via its facsimile dated 17 September 2014 in relation to the same (“Bursa Query”). The Board of KSTB wishes to announce the following additional information as required by Bursa Securities pursuant to the Bursa Query: 1) The eventual issued and paid-up capital of Bholat Samudra Timur Oil Services Co., Ltd (“BSTOSCL”). The eventual issued and paid-up capital of BSTOSCL would be Ks 100,000,000 divided into 1,000 shares of Ks. 100,000/- each, which 510 shares will be  held by Bholat General Services Co., Ltd.(“BGSC”) (51%) and 490 shares will be held by Samudra Timur Sdn. Bhd. (“STSB”) (49%) respectively. 2) The source(s) of funds for financing the investment in BSTOSCL, and the breakdown. The subscription of the 490 shares of Ks. 100,000/- each were all funded from internal generated fund i.e. from the proceeds raised from the Proposed Disposal of Rig Ikhlas #3 and Proposed Disposal of Rig KST#1 of USD10.50 million (equivalent to approximately RM34.97 million), where RM3,000,000/- of it is allocated to be utilised for the purchase of equipment and tools for its inspection and maintenance services to further expand the scope of  services rendered and to enhance its regional growth. The details of the utilisation of proceeds were stated and disclosed under Section 4.1 of the  Circular to Shareholders dated 17 February 2014. 3) The effect of the Joint Venture (“JV”) on the earnings per share, net assets per share and gearing of Kejuruteraan Samudra Timur Berhad (“KSTB”)  Group. The JV is not expected to have a material effect on the earnings per share, net assets per share and gearing of KSTB Group for the financial year  ending 30 June 2015. The JV is expected to contribute positively to the earnings and earnings per share of KSTB Group for the financial year ending  30 June 2016. 4) Whether the JV is subject to the shareholders’ approval and the relevant government authorities and the estimated time frame for submission of the  application to the relevant authorities. The JV is not subject to the shareholders’ approval and the relevant government authorities. 5) The salient features of the Memorandum of Association (“M&A”) or JV agreement, and the time and place where such documents may be inspected. The following is the salient features of the M&A of BSTOSCL:- a) The registered office of the Company will be situated in the Union of Myanmar. b) The liability of the members is limited. c) The authorised capital of the Company is Ks. 1,000,000,000/- (Kyats One Thousand Million only) divided into 10,000 shares of Ks. 100,000/- (Kyats One Hundred Thousand Only) each, with power in General Meeting either increase, reduce or alter such capital from time to time in accordance with the  regulations of the Company and the legislative provisions for the time being in force in this behalf. d) The objective for which the Company is established are :- i) Provide Inspection services for oilfield services; ii) Provide maintenance services for easing tubing; iii) Provide preasure testing services; iv) Agency business, technical consultants, business consultants, management consultants and advisory services; and v) Business of feasibility study on new projects, projects formulation, project appraisal and project evaluation. e) To borrow money for the benefit of the Company’s business from any person, firm, company, bank or financial organisation in the manner that the  Company shall think fit. Provided that the Company shall not exercise any of the above objects whether in the Union of Myanmar or elsewhere, save in so far as it may be  entitled so as to do in accordance with the Laws, Orders and Notifications in force from time to time and only subject to such permission and an  approval as may be prescribed by the Laws, Order and Notifications of the Union of Myanmar for the time being in force. The copy of the M&A is available for inspection during ordinary business hours at the registered office of KSTB at Suite A-21-12, Level 21, Menara  UOA Bangsar, No. 5, Jalan Bangsar Utama 1, 59200 Kuala Lumpur, Wilayah Persekutuan. 6) The highest percentage ratio applicable to the JV pursuant to Paragraph 10.02(g) of the Listing Requirements. For information purposes, the highest percentage ratio applicable for the Joint-Venture on Formation of New Company in Myanmar as announced on 11  September 2014 is 0.74%. 7) The rationale for the JV including any benefit which is expected to accrue to KSTB as a result of the JV. The rationale for the JV is for regional expansion of the Inspection and Maintenance Services of STSB. KSTB had via its Circular to Shareholders dated 17  February 2014 stated that the Group was at the preliminary stage of negotiations and planning with business associates and/or potential joint venture partners in Myanmar and Indonesia to establish workshops and yards in the respective markets for its current Inspection and Maintenance Services under Section 4.1 of the Circular to Shareholders dated 17 February 2014. 8) A statement by the board of directors, excluding interested directors stating whether the JV is in the best interests of KSTB, and where a director  disagrees with such statement, a statement by the director setting out the reasons and the factors taken into consideration in forming that opinion. The Board, after having considered the rationale and benefits of the JV, is of the opinion that the JV is in the best interest of KSTB. This announcement is dated 18 September 2014

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Type	Announcement
Subject	OTHERS
Description	KEJURUTERAAN SAMUDRA TIMUR BERHAD ("KSTB" OR "THE COMPANY") - JOINT-VENTURE ON FORMATION OF NEW COMPANY IN MYANMAR
[Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as those defined in the announcements dated 11 September 2014 and 18 September 2014 in relation to the Joint-Venture on Formation of New Company in Myanmar. The conversion of Kyats and Ringgit Malaysia was based on the published foreign exchange middle rate by Bank Negara Malaysia of Ks. 100 : MYR0.3296 as at 11 September 2014] Further to theannouncements dated 11 September 2014 and 18 September 2014, the Board of KSTB wishes to clarify the following information in respect of the above matter. The authorised share capital of Bholat Samudra Timur Oil Services Co., Ltd. (“BSTOSCL”) is Ks. 1,000,000,000/- (equivalent to approximately RM3,296,000/-) divided into 10,000 shares of Ks. 100,000 (equivalent to approximately RM329.60)  each. The eventual issued and paid-up capital of BSTOSCL is Ks. 100,000,000/- (equivalent to approximately RM329,600/-) divided into 1,000 shares of Ks. 100,000/- (equivalent to approximately RM329.60) each of which 510 shares will held by Bholat General Services Co., Ltd. (“BGSC”) (51%) and 490 shares will held by Samudra Timur Sdn. Bhd. (“STSB”)(49%). The subscription of Ks. 49,000,000/- (equivalent to approximately RM161,504/-) for the 490 shares of Ks. 100,000/- (equivalent to approximately RM329.60) each in BSTOSCL by STSB were all funded from internal generated fund i.e. from the proceeds raised from the Proposed Disposal of Rig Ikhlas #3 and Proposed Disposal of Rig KST#1 of USD10.50 million (equivalent to approximately RM34.97 million), where RM3,000,000/- of it is allocated to be utilised for the purchase of equipment and tools for its inspection and maintenance services to further expand the scope of services rendered and to enhance its regional growth, which include the expenses incurred for the potential joint venture in Myanmar and Indonesia to establish workshops and yards for its current Inspection and Maintenance Services. This announcement is dated 19 September 2014.

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Notice of Interest Sub. S-hldr (29A)

KEJURUTERAAN SAMUDRA TIMUR BERHAD

Particulars of Substantial Securities Holder

Name	Chee Cheng Chun
Address	31-01, Mont' Kiara Damai, Jalan Kiara 2, 50480 Kuala Lumpur, Wilayah Persekutuan
NRIC/Passport No/Company No.	841126-10-5673
Nationality/Country of incorporation	Malaysian
Descriptions (Class & nominal value)	Ordinary Shares of RM0.30 each
Name & address of registered holder	Maybank Securities Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Chee Cheng Chun Level 5, Maybanlife Tower, Dataran Maybank, 1, Jalan Maarof, 59000 Kuala Lumpur

Date interest acquired & no of securities acquired
Currency	Malaysian Ringgit (MYR)
Date interest acquired	01/10/2014
No of securities	9,600,000
Circumstances by reason of which Securities Holder has interest	Transfer of shares from Dato' Chee Peck Kiat @ Chee Peck Jan to Chee Cheng Chun.
Nature of interest	Direct Interest
Price Transacted ($$)
Total no of securities after change
Direct (units)	9,767,700
Direct (%)	6.83
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice	02/10/2014

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Name	Dato' Chee Peck Kiat @ Chee Peck Jan
Address	31-01, Mont' Kiara Damai, Jalan Kiara 2, 50480 Kuala Lumpur
NRIC/Passport No/Company No.	411124-11-5077
Nationality/Country of incorporation	Malaysian
Descriptions (Class & nominal value)	Ordinary shares of RM0.30 each
Name & address of registered holder	CIMB Group Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Dato' Chee Peck Kiat @ Chee Peck Jan Level 2, Bangunan Amanah Raya Berhad, Jalan Semantan, Damansara Heights, 50490 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Transferred	01/10/2014	9,600,000	0.000

Circumstances by reason of which change has occurred	Transfer of shares from Dato' Chee Peck Kiat @ Chee Peck Jan to Chee Cheng Chun.
Nature of interest	Direct Interest
Direct (units)	24,692,900
Direct (%)	17.26
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	24,692,900
Date of notice	02/10/2014

icy97

Notice of Interest Sub. S-hldr (29A)

KEJURUTERAAN SAMUDRA TIMUR BERHAD

Particulars of Substantial Securities Holder

Name	Chee Cheng Chun
Address	31-01, Mont' Kiara Damai, Jalan Kiara 2, 50480 Kuala Lumpur, Wilayah Persekutuan
NRIC/Passport No/Company No.	841126-10-5673
Nationality/Country of incorporation	Malaysian
Descriptions (Class & nominal value)	Warrants
Name & address of registered holder	Maybank Securities Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Chee Cheng Chun Level 5, Maybanlife Tower, Dataran Maybank, 1, Jalan Maarof, 59000 Kuala Lumpur

Date interest acquired & no of securities acquired
Currency	Malaysian Ringgit (MYR)
Date interest acquired	01/10/2014
No of securities	5,729,800
Circumstances by reason of which Securities Holder has interest	Transfer of warrants from Dato' Chee Peck Kiat @ Chee Peck Jan to Chee Cheng Chun
Nature of interest	Direct Interest
Price Transacted ($$)
Total no of securities after change
Direct (units)	5,729,800
Direct (%)	8.01
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice	02/10/2014

Name	Dato' Chee Peck Kiat @ Chee Peck Jan
Address	31-01, Mont' Kiara Damai, Jalan Kiara 2, 50480 Kuala Lumpur
NRIC/Passport No/Company No.	411124-11-5077
Nationality/Country of incorporation	Malaysian
Descriptions (Class & nominal value)	Warrants
Name & address of registered holder	CIMB Group Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Dato' Chee Peck Kiat @ Chee Peck Jan Level 2, Bangunan Amanah Raya Berhad, Jalan Semantan, Damansara Heights, 50490 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Transferred	01/10/2014	5,729,800	0.000

Circumstances by reason of which change has occurred	Transfer of warrants from Dato' Chee Peck Kiat @ Chee Peck Jan to Chee Cheng Chun.
Nature of interest	Direct Interest
Direct (units)	14,738,300
Direct (%)	20.61
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	14,738,300
Date of notice	02/10/2014

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KEJURUTERAAN SAMUDRA TIMUR BERHAD

Type	Announcement
Subject	OTHERS
Description	KEJURUTERAAN SAMUDRA TIMUR BERHAD ("KSTB" OR "THE COMPANY") - FIRST AND FINAL SINGLE-TIER DIVIDEND FOR THE FINANCIAL YEAR ENDED 30 JUNE 2014
We act for and on behalf of KSTB. We, on behalf of KSTB, wish to inform that the Board of Directors of KSTB had resolved to recommend a first and final single-tier dividend of 4.5 sen per ordinary share, amounting to approximately RM6,436,192.50 (Ringgit Malaysia: Six Million Four Hundred and Thirty-Six Thousand One Hundred and Ninety-Two and Cents Fifty only) in respect of the financial year ended 30 June 2014, subject to the approval of the shareholders at the forthcoming Twenty-Ninth Annual General Meeting of KSTB. The entitlement date and date of payment in respect of the aforesaid first and final dividend will be determined and announced by KSTB in due course. This announcement is dated 28 October 2014.

APULA

全年赚5493万 东洋工程派息4.5仙
财经新闻 财经  2014-10-30 11:22
http://www.nanyang.com/node/658868?tid=462

（吉隆坡29日讯）东洋工程（SAMUDRA，7185，主板贸服股）建议，截至6月杪的2014财年，派发每股4.5仙终期股息。

东洋工程派发的股息总额为643万6192.50令吉。

公司2014财年转亏为盈，录得5493万2000令吉净利，上财年则蒙受694万2000令吉净亏。

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30/09/2014

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/09/2014	30/09/2013	30/09/2014	30/09/2013
		$$'000	$$'000	$$'000	$$'000

1	Revenue	2,473	2,441	2,473	2,441
2	Profit/(loss) before tax	1,075	21	1,075	21
3	Profit/(loss) for the period	958	2,293	958	2,293
4	Profit/(loss) attributable to ordinary equity holders of the parent	946	2,318	946	2,318
5	Basic earnings/(loss) per share (Subunit)	0.66	1.62	0.66	1.62
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.6630		0.6610

APULA

1st & Final Single-Tier Dividend 15%

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EX-date	04/03/2015
Entitlement date	06/03/2015
Entitlement time	05:00:00 AM
Entitlement subject	First and Final Dividend
Entitlement description	First and Final Single-Tier Dividend of 15% (4.50 sen per ordinary share)
Period of interest payment	to
Financial Year End	30/06/2014
Share transfer book & register of members will be	06/03/2015 to 06/03/2015 closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Securities Services (Holdings) Sdn. Bhd. (Company No. 36869-T) Level 7, Menara Milenium Jalan Damanlela Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur Tel No: 03-2084 9000
Payment date	30/03/2015
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	06/03/2015
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Percentage
Entitlement in percentage (%)	15

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東洋工程售阿聯酋東洋工程石油服務49％

2014-12-13 13:23      
（吉隆坡13日訊）東洋工程（SAMUDRA,7185,PN17公司）宣佈，以7萬3千美元（約25萬令吉）脫售阿聯酋東洋工程石油服務有限公司的49%股權，給東洋石油服務有限公司。

該公司將上述脫售活動所得充當營運資本。上述脫售行動也是公司重組計劃的一部份。（星洲日報／財經）

Type	Announcement
Subject	OTHERS
Description	KEJURUTERAAN SAMUDRA TIMUR BERHAD (“KSTB” or “the Company”) - DISPOSAL OF 49% EQUITY INTEREST HELD IN EMIRATES KEJURUTERAAN SAMUDRA TIMUR BERHAD PETROLEUM SERVICE L.L.C (“DISPOSAL”)
We act for and on behalf of KSTB. 1.     INTRODUCTION The Board of Directors of KSTB wishes to announce that KSTB has on 12 December 2014 disposed of Forty-Nine (49) shares of Dirhams Five Thousand (AED5,000) each (“Sale Shares”), representing 49% of equity interest in Emirates Kejuruteraan Samudra Timur Berhad Petroleum Service L.L.C (“EKSTB”) for a total sale consideration of USD73,000/- (US Dollar: Seventy-Three Thousand only) (“Disposal Consideration”) to Samudra Oil Services Sdn Bhd (“SOSSB”). Upon completion of the Disposal, EKSTB will cease to be an associated company of KSTB. 2.     DETAILS OF THE DISPOSAL 2.1    Details of EKSTB EKSTB is a limited liability company incorporated on 5 September 2012 in the Emirates of Abu Dhabi by Mohamed Abdulla Al-Otaiba Group Est. (“Otaiba”) and KSTB with the capital of One Hundred (100) shares of Dirhams Five Thousand (AED5,000) each, which Fifty-One (51) shares were held by Otaiba (51%) and Forty-Nine (49) shares were held by KSTB (49%). The principal activities of EKSTB are installation and maintenance of natural gas and oil well equipment and on-shore and off-shore oil and gas field services in Abu Dhabi. EKSTB has yet to commence commercial operation. 2.2    Details of KSTB KSTB was incorporated in Malaysia under the Companies Act, 1965 on 16 July 1985 as a private limited company and was converted to a public limited company and assumed its present name of KSTB on 16 January 2003. KSTB was listed on the Second Board of Bursa Malaysia Securities Berhad (“Bursa Securities”) (now known as Main Market of Bursa Securities) on 19 February 2004. 2.3    Details of SOSSB SOSSB was incorporated in Malaysia on 22 June 2010 under the Companies Act, 1965 as a private limited company. It has a license issued by Petronas to supply products/services to oil and gas companies in Malaysia, in particular for tubular handling equipment and running services as well as drilling equipment rental and services. SOSSB is a subsidiary of a public listed company, Destini Berhad (“Destini”). 3.     THE SALIENT DETAILS OF THE DISPOSAL      The salient details of the Disposal are as follows:- (i) KSTB shall issue a limited Power of Attorney to appoint a representative from Destini to act as its Attorney to transfer and assign its 49% equity interest in EKSTB to SOSSB; (ii) KSTB shall replace the signatory of the EKSTB’s bank accounts from the  representative from KSTB to the representative of SOSSB; and (iii) Destini shall pay KSTB a sum of USD73,000/- (US Dollar: Seventy-Three Thousand only) which was deposited by KSTB into the bank account of EKSTB. 4.     BASIS OF CONSIDERATION The Disposal Consideration of RM255,135/- [equivalent to USD73,000/- based on foreign exchange rate of USD1.00:RM3.4950 as at 12 December 2014] was arrived at by the parties on a willing-buyer-and-willing-seller basis after taking into consideration the par value of and the KSTB’s cost of investment in the Sale Shares. The original cost of investment and carrying value in EKSTB was RM226,057/- (equivalent to USD73,500/- based on foreign exchange rate of USD1.00:RM3.0756 at the date of payment for subscription of shares in EKSTB) as at 5 September 2012. The gain on disposal arising from the Disposal is estimated at approximately RM29,000/-.    5.   LIABILITIES TO BE ASSUMED KSTB shall have no further rights and interest in EKSTB once payment of Disposal Consideration is made by Destini to KSTB. KSTB shall indemnify Destini and SOSSB from any claims, liability (whether contingent or otherwise) demands and actions whatsoever that arises pursuant to or originates from the affairs, undertakings and/or business of EKSTB prior to the completion of the  transfer of Forty-Nine (49) shares in EKSTB. Upon completion of the transfer of Forty-Nine (49) shares in EKSTB, KSTB shall not be liable for any claims, loss, demands, costs or interests against EKSTB and that Destini shall indemnify KSTB for any such claims, loss, demands, costs, penalties or interests by any party. 6.   PROPOSED UTILISATION OF PROCEEDS The Company intends to utilise the cash proceeds from the Disposal for working capital purposes immediately upon completion of the Disposal. 7.     RATIONALE FOR THE DISPOSAL The Disposal was made pursuant to the Share Sale Agreement dated 1 November 2014 and in line with the corporate exercise on disposal of the entire equity interest in SOSSB to Destini which was completed on 3 April 2014. 8.     RISK FACTOR Risk factors arise from the Disposal include but are not limited to foreign exchange risks and changes in economic, business and political conditions. 9.     FINANCIAL EFFECTS OF THE DISPOSAL 9.1    Share Capital The Disposal will not have any material effect on the share capital and paid-up capital of KSTB. 9.2    Earnings and Earnings per share (“EPS”) The Disposal is not expected to have any material effect on the consolidated earnings and EPS of KSTB and its group of companies (“KSTB Group”) for the financial year ending 30 June 2015. 9.3    Net Assets ("NA”) The Disposal will not have any material effect on the consolidated NA value of KSTB and KSTB Group for the financial year ending 30 June 2015. 10. APPROVALS REQUIRED The Disposal is not subject to the approval of the shareholders of KSTB or any authorities. 11. INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND/ OR PERSONS CONNECTED None of the directors, major shareholders of KSTB and/or persons connected with them have any interest, direct or indirect, in the Disposal. 12. DIRECTORS’ STATEMENT The Board of Directors of KSTB is of the opinion that the Disposal is in the best interest of the Company. 13. ESTIMATED TIMEFRAME FOR THE COMPLETION OF THE PROPOSED DISPOSAL The Disposal is expected to be completed by 31 December 2014. 14. HIGHEST PERCENTAGE RATIO APPLICABLE TO THE PROPOSED DISPOSAL PURSUANT TO PARAGRAPH 10.02(G) OF THE MAIN MARKET LISTING REQUIREMENTS (“MAIN LR”) OF BURSA SECURITIES (“PERCENTAGE RATIO”) Based on KSTB’s audited consolidated financial statements for the financial year ended 30 June 2014, the highest Percentage Ratio applicable to the Disposal is approximately 0.33%. 15. DOCUMENTS AVAILABLE FOR INSPECTION A copy each of the letter from SOSSB dated 8 December 2014 and KSTB’s acceptance letter dated 12 December 2014 are available for inspection during office hours at the Company’s registered office at Suite A-21-12, Level 21, Menara UOA Bangsar, No. 5, Jalan Bangsar Utama 1, 59000 Kuala Lumpur, Wilayah Persekutuan for a period of three (3) months from the date of this announcement. The announcement is made on 12 December 2014.

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東洋工程德斯迪尼管理協議中止

2014-12-18 12:12      
（吉隆坡18日訊）東洋工程（SAMUDRA,7185,主板貿服組）為德斯迪尼（DESTINI,7212,主板貿服組）提供的管理協議宣告終止。

東洋工程在文告中表示，雙方同意自12月1日起終止該管理協議，這將令該公司失去約60萬令吉的管理費貢獻。

該公司是在今年3月27日達致管理協議，提供行政、一般管理和技術支援服務，以讓德斯迪尼展開東洋石油的業務。

德斯迪尼早前透過發新股方式，以8千萬令吉收購東洋石油服務私人有限公司。（星洲網）

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	KEJURUTERAAN SAMUDRA TIMUR BERHAD (“KSTB” or “the Company”) - PROPOSED DISPOSAL BY KSTB OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF SAMUDRA OIL SERVICES SDN BHD (“SAMUDRA OIL”) TO DESTINI BERHAD ("DESTINI" OR THE “PURCHASER”) FOR A DISPOSAL CONSIDERATION OF RM80.00 MILLION TO BE SATISFIED ENTIRELY BY 228,571,428 NEW ORDINARY SHARES OF RM0.10 EACH IN DESTINI (“DESTINI SHARE(S)”) AT AN ISSUE PRICE OF RM0.35 PER DESTINI SHARE (“PROPOSED DISPOSAL OF SAMUDRA OIL”)
We act for and on behalf of KSTB. Pursuant to our announcement made on 1 April 2014, KSTB and Destini (“theParties”) have entered into a Management Agreement on 27 March 2014(“Management Agreement”) for KSTB to provide administration, general management and technical support services to enable Destini to carry on the business of Samudra Oil at the terms and conditions contained in the Management Agreement. The Board of Directors of KSTB wishes to announce that the Parties had vide a letter dated 17 December 2014 mutually agree to terminate the Management Agreement with effect from 1 December 2014. Pursuant thereto, the Parties agree that KSTB shall not be liable for any claims, losses, demands, costs or interests in respect of the services provided to Samudra Oil under the terms of the Management Agreement and that Destini shall indemnify KSTB for any such claims, losses, demands, costs or interests by any party after the termination. The Parties further agree to waive their rights to claim for damages for early termination equivalent to the fee payable for the remaining period of the Management Agreement. The termination of the Management Agreement is not expected to have any material effect on the net assets and gearing of KSTB Group for the financial year ending 30 June 2015, however, there will be no further management fee contribution effective from December 2014 up to 31 March 2015 (being the remaining period of the duration of the Management Agreement) totaling to approximately RM600,000/- (Ringgit Malaysia: Six Hundred Thousand only) towards the earnings of KSTB Group for the financial year ending 30 June 2015.   This announcement is dated 17 December 2014.

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Date of change	17/12/2014
Name	Onn bin Mohd. Yusoff
Age	65
Nationality	Malaysian
Designation	Executive Director
Directorate	Executive
Type of change	Resignation
Reason	The resignation is the direct result of the acquisition of Samudra Oil Services Sdn. Bhd. by Destini Berhad on 3 April 2014 and Encik Onn's decision to continue to pursue his professional career in his current field of specialization and broad networking in the sector.
Details of any disagreement that he/she has with the Board of Directors	No
Whether there are any matters that need to be brought to the attention of the shareholders	No
Qualifications	Encik Onn bin Mohd. Yusoff graduated with a Bachelor in Mechanical Engineering in 1976 and obtained Master in Engineering (Aeronautical) from the Institute of Technology Bandung, Indonesia in 1978. In addition, he is a member of Professional Engineer, Board of Engineers, Malaysia and Fellow of the Institute of Engineers, Malaysia.
Working experience and occupation	Encik Onn bin Mohd. Yusoff started his carrer in the Royal Malaysian Air Force in 1978, serving for five (5) years and was raised to the rank of Major (Retired). He then moved into the oil and gas industry to the present date and has over thirty-three (33) years of continuous working experience serving in multinational companies, namely military, EXXON, SHELL and PETRONAS. On 5 February 2007, he joined the company as the Chief Operating Officer and was subsequently re-designated as Executive Director on 27 November 2007 to present.

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Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	KEJURUTERAAN SAMUDRA TIMUR BERHAD (“KSTB” OR “THE COMPANY”) - PROPOSED DISPOSAL BY KSTB OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF SAMUDRA OIL SERVICES SDN BHD (“SAMUDRA OIL”) TO DESTINI BERHAD ("DESTINI" OR THE “PURCHASER”) FOR A DISPOSAL CONSIDERATION OF RM80.00 MILLION TO BE SATISFIED ENTIRELY BY 228,571,428 NEW ORDINARY SHARES OF RM0.10 EACH IN DESTINI (“DESTINI SHARE(S)”) AT AN ISSUE PRICE OF RM0.35 PER DESTINI SHARE (“PROPOSED DISPOSAL OF SAMUDRA OIL”)
[Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as those defined in the announcements dated 1 April 2014 and 17 December 2014 in relation to the Disposal of Samudra Oil.] Further to theannouncement made on 17 December 2014, the Board of KSTB wishes to announce that the termination of Management Agreement with effect from 1 December 2014 arising from the mutual agreement between KSTB and Destini, was due to Destini had built up a Management team that is capable of managing and undertaking the operation of Samudra Oil at their preferred business direction in the Oil and Gas sector. Accordingly the services rendered by KSTB under the Management Agreement were deemed to be redundant. This announcement is dated 19 December 2014.

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東洋工程 或進軍非油氣業

企業財經31 Dec 2014 23:00
（吉隆坡31日訊）東洋工程（SAMUDRA，7185，主要板貿服）因脫售核心業務，陷入PN17行列，不排除日后進軍非油氣業務。

油氣上游服務供應商東洋工程的執行董事達美然說：“如果出現良好的商機，我們將探討進軍油氣以外的業務。”

達美然在東洋工程常年股東大會結束后，如是指出。

該公司今年4月初，因將核心業務，即管狀（Tubular ）處理服務業，脫售給德斯狄尼（DESTINI，7212，主要板貿服），陷入PN17行列。

但該公司目前仍備有管狀檢查與維護服務業務，每年可產生約1000萬令吉收入。

完成了上述業務脫售，該公司目前手持1億436萬令吉現金。該公司因而需要在明年4月前，取得其他核心業務。

他坦承，該公司目前最擔憂的是上述期限，因為至今仍和有關單位洽談，故尚未達成任何協議。

“近期的洽談都處于初步階段，所以暫時無法對下一步棋作出評論。”

無論如何，他透露洽談中的業務都是國內企業。

他說，該公司雖然在過去16個月已尋求合適業務，都不符合公司的規定，但為了避免作出不好的業務決策，不會倉促進軍新業務。

“我們希望有待原油價格開始復甦時才進場，因為風險比較低。”【中国报财经】

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Date of change	31/12/2014
Name	Dato’ Nik Abdul Aziz bin Mohamed Kamil
Age	71
Nationality	Malaysian
Type of change	Redesignation
Previous Position	Deputy Chairman
New Position	Chairman & Director
Directorate	Independent & Non Executive
Qualifications	Dato’ Nik Abdul Aziz bin Mohamed Kamil graduated from the University of Malaya in 1966 with a Bachelor of Arts Degree. He subsequently obtained a Postgraduate Diploma in Personnel Management and a Master in Management from the Middlesex University in England and the Asian Institute of Management in Philippines respectively. He also attended the Senior Executive Programme at the London Business School.
Working experience and occupation	Dato’ Nik Abdul Aziz bin Mohamed Kamil has over thirty-seven (37) years of working experience in the human resource management. He had been in the senior management of PETRONAS since 1987 until his retirement. In 1997, he set up his own business, NA & Associate Sdn. Bhd., a company involved in human resource training and skills management.
Directorship of public companies (if any)	Acoustech Berhad

Date of change	31/12/2014
Name	Tan Sri Dato' Dr Syed Jalaludin bin Syed Salim
Age	70
Nationality	Malaysian
Type of change	Retirement
Designation	Chairman & Director
Directorate	Independent & Non Executive
Qualifications	Tan Sri Dato' Dr Syed Jalaludin bin Syed Salim graduated as a Doctor of philosophy from London University and has been conferred five (5) more Honorary Doctorate Degree from Hull University, United Kingdom; Soka University, Japan; Thaksin University, Thailand; Open University Malaysia and Universiti Malaysia Perlis.
Working experience and occupation	Tan Sri Dato’ Dr. Syed Jalaludin bin Syed Salim’s career in academic began in 1969 until 2001 and has brought about many improvement and innovation in the higher education and research sectors in Malaysia. In recognition of his contribution, he has been bestowed with the National Science Laureate in 1993 and National Academician in 2008. Tan Sri Dato’ Dr. Syed Jalaludin bin Syed Salim has also been conferred the Emeritus Professor by Universiti Terengganu Malaysia and Universiti Putra Malaysia. He is also one (1) of the fellow founders of the Malaysia Science Academy. Even though Tan Sri Dato’ Dr. Syed Jalaludin bin Syed Salim has retired from the institutions of higher education, he is still contributing to the higher education sector as the chairman of several universities namely Universiti Putra Malaysia and Universiti Tun Abdul Razak.
Directorship of public companies (if any)	Tan Sri Dato’ Dr. Syed Jalaludin bin Syed Salim is a Director of INCEIF Consultancy Sdn. Bhd. and Kuala Lumpur Lions Foundation

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东洋工程获维修合约

财经新闻 财经  2015-01-18 10:45
（吉隆坡17日讯）PN17公司东洋工程（SAMUDRA，7185，主板贸服股），获颁至少2年期的管材检查与维修服务合约。

东洋工程向马交所报备，子公司Samudra Timur，获得Prime Sourcing国际（简称PSI）颁发新合约。

Samudra Timur将负责Asian Supply Base的管材检查与维修，合约从今年1月1日开始计算，为期两年。

合约届满后，PSI可选择再延长Samudra Timur的服务期两年，不过，该公司并没有透露合约总值。

东洋工程解释，合约价值将依据PSI的需求和活动，以及Samudra Timur所提供的服务范畴而定。【南洋网财经】

Type	Announcement
Subject	OTHERS
Description	KEJURUTERAAN SAMUDRA TIMUR BERHAD (“KSTB” or “THE COMPANY”)- AWARD OF CONTRACT TO KSTB - PRICE AGREEMENT FOR TUBULAR INSPECTION AND MAINTENANCE SERVICES AT ASIAN SUPPLY BASE (ASB)
1.  INTRODUCTION The Board of KSTB is pleased to announce that its wholly-owned subsidiary, Samudra Timur Sdn. Bhd. (“Contractor”) had been awarded a contract for the Price Agreement for Tubular Inspection and Maintenance Services at Asian Supply Base (ASB) (“the Contract”) by PrimeSourcing International Sdn. Bhd. (“PSI”) on 30 December 2014. 2.  DURATION OF CONTRACT The term of the Contract shall be for the primary term of two (2) years effective from 1 January 2015 to 31 December 2016. Upon expiry, PSI has the option to extend the term for two (2) years based on mutually agreed rates, subject to the same contractual terms and conditions provided that at least thirty (30) days written notice is given to the Contractor prior to the expiry of the initial term of the Contract. 3.  VALUE OF CONTRACT The value for such services depends on the demand and activity levels of PSI and the scope of services rendered by the Contractor during the duration of the Contract. 4. RISK FACTORS Risk factors affecting the Contract include but are not limited to execution risks such as availability of skilled manpower and material, changes in the price of materials, and changes in economic, business and political conditions. KSTB will undertake all necessary efforts to mitigate the various risk factors identified. 5. FINANCIAL EFFECTS The Contract is not expected to have a material effect on the net assets and gearing of KSTB for the financial year ending 30 June 2015. The Contract is expected to contribute positively to the earnings and earnings per share of KSTB Group for the financial year ending 30 June 2015. 6.  DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST None of the directors or major shareholders of KSTB or persons connected to them have any interest, direct and indirect, in the Contract. 7.  DIRECTORS’ STATEMENT The Board of Directors of KSTB is of the opinion that the acceptance of the Contract is in the best interest of the Company. KTSB has received written consent from PSI for the release of this announcement in relation to the Contract on 16 January 2015. This announcement is dated 16 January 2015.