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[公司专区] 5148 UEMS UEM阳光

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发表于 2010-10-20 18:54 | 显示全部楼层 |阅读模式
本帖最后由 大时代 于 2013-7-12 00:23 编辑

各位觉得这间公司如何?!交流交流!和EPF一起收购南北大道有潜力吗?

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发表于 2010-10-20 19:10 | 显示全部楼层
进行收购的是他的妈妈UEM GROUP

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 楼主| 发表于 2010-11-3 20:10 | 显示全部楼层
今天停盘了是什么事啊?

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发表于 2010-11-4 20:03 | 显示全部楼层
傳UEM置地‧換股收購陽光24%

    * 大馬財經

2010-11-04 13:43

(吉隆坡3日訊)據市場消息透露,UEM置地(UEMLAND,5148,主板產業組)或以換股方式,收購陽光(SUNRISE,6165,主板產業組)24%股權,以協助提昇前者產業品牌及加速套現公司價值。

2公司齊停牌

UEM置地和陽光雙雙宣佈在今天(3日)和明天(4日)暫停交易,以待公司宣佈潛在的實質企業計劃。

兩家公司同時暫停交易,根據星洲日報探悉,市場正熾熱盛傳許多版本,每個版本的可能性皆存在。

市場消息也透露,另一市場盛傳的版本,是UEM置地與陽光達致聯營計劃,發展柔佛的地段。

一分析員受詢時向《星洲財經》透露,UEM置地在柔佛坐擁龐大地庫,引進具有優良產業品牌名聲的陽光作為伙伴,不但有助UEM置地加速落實計劃,同時也加速公司套現價值。

“兩者合作或搭檔,可達到互補作用,因陽光欠缺土地,但卻具備發展產業的良好專才與聲譽,而UEM置地兼備財勢和土地,但卻需要設計專才協助整體規劃發展,兩者合作,可以說互惠互利。”

對陽光來說,分析員指出,通過UEM置地強穩的靠山,不管是聯營發展土地,或是合作發展產業,皆可以最廉宜的方式擁有土地發展產業,減低不少的持有成本,對公司來說也未嘗不是好事。

“以UEM置地坐擁的龐大土地和強勢靠山,陽光不用憂愁探尋土地發展產業的問題。”

一分析員指出,陽光或以每股2令吉80仙的價格出售股權給UEM置地。

陽光暫停交易前的最後挂價是2令吉52仙,UEM置地停牌前最後作2令吉26仙。

第三個版本的市場傳言,則是UEM置地全面收購陽光,以期擦亮UEM置地的產業品牌及更快速的協助UEM置地落實其柔佛的產業計劃及套現價格。

本報無法聯絡上忙碌出席會議的UEM置地董事經理拿督旺阿都拉發表評論,惟該公司發言人指出,公司將在明日宣佈上述企業計劃。

星洲日報‧2010.11.04

http://biz.sinchew-i.com/node/40523

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发表于 2010-11-4 20:17 | 显示全部楼层
被新闻证实收购了

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发表于 2010-11-4 20:24 | 显示全部楼层
好像是换股收购

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发表于 2010-11-4 20:25 | 显示全部楼层
1.33:1

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发表于 2010-11-5 21:37 | 显示全部楼层
童貴旺借勢政企‧UEM置地13.9億全購陽光

    * 大馬財經
    * 財經焦點

2010-11-05 18:30

    *

      旺阿都拉(左)與童貴旺(右)在依薩汀見證下,握手預祝全購計劃成功落實。(圖:星洲日報)

(吉隆坡5日訊)房地產市場蓄勢待發,產業公司紛紛摩拳擦掌,陽光(SUNRISE, 6165, 主板產業組)大股東同意接受UEM置地(UEMLAND, 5148, 主板產業組)自願性全面獻購(VGO)計劃,產業鉅子拿督童貴旺也將在計劃完成後,入駐UEM置地董事部。

每股出價2.80令吉

UEM置地是在本月4日建議以13億9千萬令吉,相等於每股2令吉80仙,有條件自願性全面獻購陽光,且無意保留其上市地位。以童貴旺為首的幾位陽光大股東已同意將40.3%股權脫售給UEM置地。

陽光和UEM置地週三起停盤,最後各報2令吉52仙和2令吉26仙,並於下週一復牌。

在完成相關計劃後,童貴旺將成為UEM置地董事部,以及兩家公司發展委員會成員,而UEM置地董事經理拿督旺阿都拉和UEM集團董事經理兼首席執行員拿督依薩汀則將入駐陽光董事部,後者將擔任陽光董事經理。

換股方式進行收購

UEM置地將透過換股方式進行上述收購計劃,陽光股東可考慮以每股2令吉10仙代價,以現有每股陽光股票換取UEM置地的1.33股新股,或選擇將每股陽光股票,換取UEM置地的2.8股可贖回可轉換優先股(RCPS),其發售價為1令吉。

該優先股的保有期限為兩年,並不能上市或領取股息,而優先股持有者可在兩年期限內將每股2令吉30仙,將之轉換為UEM置地普通股,或選擇在兩年後以相等於發售價100%的現金贖回。

童貴旺表示,對陽光成為擴大後的UEM集團一員的前景感到興奮,相信將有利於協同效益、業務互補和能力的釋放、開發和兌現。

“新公司將擁有規模、資力、能力和管理經驗,並預見將為大馬,乃至區域提供更具綜合和多元化的產品組合。我強烈相信這將是項互惠互利的結盟,希望能透過加入UEM置地董事部,以及發展委員會對擴大後UEM置地成長帶來貢獻。”

依薩汀指出,若相關計劃成功,將創造擁有顯著規模、互補經驗、能力,以及綜合資產價值約50億令吉的產業發展公司,將成為引領大馬產業發展的國家冠軍,並為成為區域業者裝備規模和經驗。

“若有關計劃順利進行,我們計劃維持陽光品牌和雇員,因這就是趨使我們展開行動的關鍵因素。”

星洲日報/財經‧2010.11.05

http://biz.sinchew-i.com/node/40543

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发表于 2010-11-6 14:51 | 显示全部楼层
UEM Land, Sunrise, O&G, Sapura Resources

KUALA LUMPUR: Stocks at Bursa Malaysia and Singapore may play catch-up with the global markets and Wall Street on Monday, Nov 8 after Wall Street closed higher, spurred by political changes and more cheap money from the Federal Reserve.

On Wall Street, U.S. stocks rose for the fifth straight week as investors took heart from Republican gains in the elections and on news that more cheap money from the Federal Reserve was on the way.

According to Reuters, following a 3.6% rise in the S&P 500 this week, investors locked in profits on Friday, Nov 5, offsetting an unexpectedly strong payrolls report that reinforced optimism about the economy.

The Dow Jones industrial average edged up 9.24 points, or 0.08%, at 11,444.08. The Standard & Poor's 500 Index added 4.78 points, or 0.39%, to 1,225.84. The Nasdaq Composite Index rose 1.64 points, or 0.06%, to 2,578.98.

The S&P 500 has risen about 16% since September and indexes surged to two-year highs on Thursday, but investors began to question how long the upward trend could continue without a breather.

At Bursa Malaysia, stocks in focus would be UEM Land Bhd and its takeover of SUNRISE BHD [], oil and gas-related companies after crude oil hit a two-year high above US$87 a barrel and SAPURA RESOURCES BHD [].

UEM Land Bhd has proposed a conditional takeover for all of Sunrise Bhd shares at RM2.80 per offer share via a share swap or an alternative offer by the issuance of redeemable convertible preference shares. The merger would result in the enlarged group benefiting from the stronger combined asset base of over RM5 billion.

UEM Land said by leveraging on the Sunrise Group’s robust financial strength and prospects, UEM Land is expected to be better positioned to accelerate its own business expansion and to secure new development projects.

UEM Land had offered to acquire Sunrise shares (excluding treasury shares) at RM2.80 which would be via the issuance of UEM Land shares at an issue price of RM2.10 each. Sunrise shareholders would receive about 1.33 consideration shares for every one offer share.

The second option was it would issue redeemable convertible preference shares of one sen each in UEM Land at an issue price of RM1 each. Sunrise shareholders would receive 2.80 RCPS for every one offer share.

The proposed offer is conditional upon UEM Land having received, before the close of the proposed offer, valid acceptances which would result in the offeror holding more than 50% of the voting shares of Sunrise.

Sunrise executive chairman Datuk Tong Kooi Ong said the proposed acquisition of Sunrise Bhd by UEM LAND HOLDINGS BHD [] will enable Sunrise to realise its value over a shorter period of time while allowing it to be part of a potential regional player.

"The acquisition will substantially enhance the capital structure and allows Sunrise to generate more sustainable earnings with possibility of new businesses," said Tong during a press conference following the announcement of the proposed acquisition on Thursday, Nov 4.

Meanwhile, oil and gas related counters could see rising interest following the sustained increase in crude oil price.

RHB Research Institute had said “hot money” inflows into emerging markets and strengthened ringgit could be potential short-term drivers to commodity prices including crude oil.

“We understand that further monetary easing in the US could cause a rise in commodity prices including crude oil. While this could eventually stoke inflation, we foresee that rising crude oil prices would provide near-term support to the trading interest of the sector and potentially sustain the upward momentum in oil and gas stock share prices,” it said in a recent report.

RHB Research said it was reviewing its valuation targets for several oil & gas stocks under coverage as we foresee trading interest in the sector to persist in the near term. For Dialog and Kencana it rolled forward its valuations to CY11 EPS in line with its valuation for the market. It left its fair valuations of Wah Seong, KNM and Petra Perdana unchanged.

Sapura Resources Bhd could see trading interest after Ekuiti Nasional Bhd (Ekuinas) acquired a 51% stake in an integrated education provider APIIT/UCTI Education Group for RM102 million from Sapura Resources.

Ekuinas inked a share sale agreement with Sapura Resources on Thursday, Nov 5 to acquire the 51% for RM102 million, which hinges on the approval of Sapura Resources shareholders at an EGM to be held later and the completion of final due diligence

http://www.theedgemalaysia.com/b ... pura-resources.html

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发表于 2010-11-8 20:09 | 显示全部楼层
UEM置地購陽光雙贏‧無現金方案美中不足

    * 大馬財經
    * 業績評論

2010-11-08 19:15

(吉隆坡8日訊)大多數分析員認為,UEM置地(UEMLAND, 5148, 主板產業組)對陽光(SUNRISE, 6165, 主板產業組)展開全面獻購是正面的,並可成為大贏家,借助陽光的強勢品牌及輝煌記錄力量擴充國內外業務。

他們說,陽光在巴生河流域成熟發展的短期盈利,將有助補足UEM置地在魯沙再也(NUSAJAYA)長期盈利潛力之不足。

他們指出,此項計劃或把陽光的強勢品牌沖淡,但卻讓陽光從競爭劇烈的滿家樂旗桿走向多元化,以小步伐進軍大馬依斯干達,也解決陽光“地庫不足”的劣勢。

陽光股價一度升74仙

受到全購計劃激勵,陽光股價“一飛衝天”,盤中一度攀升74仙至3令吉26仙,超越獻購價每股2令吉80仙。最終掛3令吉22仙,大起70仙或27.78%。UEM置地也受追捧,最高漲26仙或11.5%至2令吉52仙,收盤報2令吉49仙,起23仙或10.18%。

根據陽光宣佈的20仙凈股息及收購陽光後的UEM置地之調整凈資產價值估計為2.15至2.20令吉,馬銀行研究認為,此項交易讓陽光股東以廉宜價格進入UEM置地。

UEM置地是於上週建議以13億9千萬令吉,相等於每股2令吉80仙,有條件自願性全面獻購陽光,且無意保留其上市地位。以拿督童貴旺為首的幾位陽光大股東已同意將40.34%股權脫售給UEM置地。

大部份分析員認為,此項全面獻購料可成行,因接受水平的條件只需超過50%。

1股陽光
換1.33股UEM置地


UEM置地將透過換股方式進行上述計劃,陽光股東可考慮以每股陽光股票換取U E M置地的1.33股新股;或選擇將每股陽光股票,換取U E M置地的2.8股可贖回可轉換優先股(RCPS),其發售價為1令吉。

優先股為期兩年,可在兩年內以每股2令吉30仙,將之轉換為UEM置地普通股,或在兩年後以相等於發售價100%的現金贖回。

黃氏發展唯高則對UEM置地沒有提供現金選擇感到失望,使有意退場的陽光小股東只可以通過公開市場售股,或是選擇換股方式。

“優先股欠吸引人,因不可交易(2年期),也沒有提供任何股息及以更高的價格轉換。”

童貴旺受邀加入UEM置地

收購完成後,國庫控股持有UEM置地的股權或從現有的77%沖淡至56至65%,而童貴旺及友好伙伴則持有UEM置地6至11%股權(童貴旺或選擇優先股)。

童貴旺將受邀加入UEM置地董事部,以及擔任公司發展委員會主席,而UEM置地董事經理拿督旺阿都拉和UEM集團董事經理兼首席執行員拿督依薩汀則將入駐陽光董事部,後者將擔任陽光董事經理。此計劃預計在2011年首季完成。

規模超越怡保置地

計劃完成後,擴大的UEM置地集團地庫從現有的4千164英畝(98%在大馬依斯干達)增至4 千741英畝。發展總值為276億令吉(UEM置地達200億令吉,陽光76億令吉),超越怡保置地(IJMLAND, 5215, 主板產業組)約200億令吉(約5千零70英畝地庫),但卻比實達集團(SPSETIA, 8664, 主板產業組)的325億令吉發展總值(3千453英畝地庫)略低。


陽光股東宜選換股

分析員認為,與其選擇可贖回可轉換股選擇,不如選擇換股的方式,以參與這家大馬最大規模的產業發展公司。

馬銀行研究認為,陽光股東應選擇換股方式,主要因UEM置地股票流通性強,換股方式只是以2令吉10仙就可獲得UEM置地股票,而UEM置地在收購後的調整凈資產價值為2.15至2.20令吉,以及優先股的轉換價為2令吉30仙。

UEM置地市值預計增長10%至90億令吉(以換股方式計算),目前為82億令吉。

UEM置地至今年6月的每股69仙凈現金,換股後轉為0.13倍凈負債,但所有優先股轉換後,仍擁有每股19仙現金。

收購後凈利達2.6億

馬銀行研究預計UEM置地收購陽光後的凈利在2011年達2億5千870萬令吉,新的每股凈利倍增至6仙,市場預測為3仙。

興業研究也認為獻購價合理及建議陽光股東選擇換股方式。

獻購價吸引力不足

不過,大馬研究及益資利雙雙認為獻議價格欠誘人。前者認為,以每股2令吉80仙計,約是陽光每股凈資產值3令吉89仙的折價28%。

以本益比計,對陽光小股東來說盈利會有沖稀作用。陽光在2011財政年以9倍本益比交易,而UEM置地同期以昂貴的75倍本益比交易。

益資利透露,收購價為陽光2011本益比的7.3倍,比同儕來得低,而換取UEM置地股票也不吸引,其2011年的價格對賬面值及本益比分別為3.7倍及75.3倍。

星洲日報/財經‧2010.11.08

http://biz.sinchew-i.com/node/40615

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发表于 2010-11-8 22:47 | 显示全部楼层
UEM置地全面收購
陽光復牌衝破RM3


(吉隆坡8日訊)UEM置地(UEMLAND,5148,主要板房產)通過兩個方式全面收購陽光(SUNRISE,6165,主要板房產),券商建議投資者“股票轉換”繼續投資這家國內最大的房產公司;陽光今日復牌后走勢大勇,創下9年最大漲幅,股價衝破3令吉。

今早,陽光甫開盤即大漲40仙,以2.92令吉拉開序幕,隨后勇往直前,交易2分鐘便站上3令吉,休市時報3.11令吉,勁漲59仙或23%,寫下2001年4月以來最大漲幅,同時擠身10大熱門和上升股榜。

買家UEM置地升勢雖不及陽光,卻深受投資者追捧,交投熾熱。早盤結束時掛2.37令吉,起11仙,成交量1596萬1500股。

UEM置地上週宣佈,陽光投資者可選擇1對1.33的比例轉換成UEM置地股票,或選擇面值1令吉的可轉換優先股(RCPS),以脫售手上股權。

馬銀行投資銀行和黃氏星展維克斯研究都建議投資者“換股”。

換股續留守

馬銀行投銀分析報告說,UEM置地股票較可轉換優先股更高流通,后者未上市也未能享受股息。

“股票轉換的入門價2.10令吉非常吸引,反觀可轉換優先股的轉換價達2.30令吉。”

“換股后,投資者還可參與UEM置地合併后的業務發展,期間可再套現。”

黃氏星展維克斯分析員失望UEM置地未提供“現金離場”選擇,股東僅能在公開市場脫售或換股后再退場。

市場的最大焦點是,陽光掌舵人拿督童貴旺會如何選擇。他已暗示會傾向可轉換優先股,以能廣泛涉足UEM置地日后的發展。

閉市時,陽光收3.22令吉,漲70仙,共4477萬3800股易手。UEM置地掛2.49令吉,揚23仙,交投量3293萬9100股。

http://www.chinapress.com.my/content_new.asp?dt=2010-11-09&sec=business&art=1109bs11.txt

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发表于 2010-11-30 15:57 | 显示全部楼层
UEM置地第三季淨利漲108%

    * 大馬財經

2010-11-30 14:17

(吉隆坡29日訊)由於聯號公司及聯營計劃取得更佳的業績表現,使UEM置地(UEMLAND, 5148, 主板產業組)截至2010年9月30日為止第三季淨利激增108.06%至1千568萬8千令吉。

第三季營業額為6千567萬4千令吉,下跌9.77%。

首9個月淨利激增268.05%至5千917萬6千令吉。

首9個月的營業額為1億9千337萬6千令吉,微跌2.32%。

第三季營業額較第二季來得低,主要是南部工業及後勤計劃的工業地、以及公主港口發展土地銷售量較低、惟魯沙依淡曼產業發展計劃的銷售額走高,略為抵消前者的利空。

第三季的稅前盈利,比第二季低,因較低營業額、以及第二季脫售聯號公司――TnG的20%股權、取得2千560萬令吉盈利所致。

星洲日報/財經‧2010.11.30

http://biz.sinchew-i.com/node/41430

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发表于 2010-12-6 10:14 | 显示全部楼层
UEM Land buys agricultural land from IncKen for RM268.5m

KUALA LUMPUR: UEM LAND HOLDINGS BHD [] is buying two parcels of agricultural land from INCH KENNETH KAJANG RUBBER PLC [] for RM268.5 million to be developed into a township in Bangi, Selangor.

IncKen said on Monday, Dec 6 UEM Land has proposed to buy the 463.51 acres of land in Semenyih, Selangor for a cash consideration of RM13.30 per square foot.

The indicative market valuation of the land as appraised by Messrs Raine and Horne International Zaki + Partners Sdn Bhd  was of RM248.3 million or RM12.30 per sq ft.

UEM Land had stated "the scale of the Bangi land, with a total land area in excess of 450 acres, would provide the opportunity for UEM Land to develop a comprehensive and integrated township".

http://www.theedgemalaysia.com/b ... en-for-rm2685m.html

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发表于 2010-12-7 14:06 | 显示全部楼层
更新: December 7, 2010 00:13

為新城鎮計劃鋪路
UEM置地2.7億購地
(吉隆坡6日訊)UEM置地(UEMLAND,5148,主要板房產)以2億6850萬令吉向英芝肯尼(INCKEN,2607,主要板種植)購地,兩家公司今日早盤宣佈停牌。

在停牌1小時后,UEM置地和公司4憑單于早上10時復牌,UEM置地復牌后即揚2仙至2.23令吉;英芝肯尼則續停牌,停牌前報83仙。

UEM置地今日向馬證交所報備,以每平方呎13.30令吉價格購下位于士毛月總面積達463.51英畝的土地。

根據Messrs Raine & Horne International Zaki夥伴公司早前估價,這個地段總值達2億4830萬令吉或每平方呎價值12.30令吉。

內部融資完成

上述地段位于萬宜新鎮,毗鄰馬來西亞國民大學(UKM)和阿南沙里(Alam Sari),英芝肯尼已在07年將這塊原為農業種植地的地段轉為綜合發展地。

報備文件指出,萬宜這塊超過450英畝的地段,讓公司有機會發展綜合城鎮計劃。

截至9月30日,該公司擁有3億5150萬令吉的現金,董事局計劃藉由內部資金和銀行貸款完成購地。

UEM置地指出,公司計劃在2015年于努沙再也以外地區,發展至少一個新城鎮計劃,因此購地為實現計劃的策略之一。

閉市時,UEM置地報2.29令吉,起8仙,成交量595萬4600股。

http://www.chinapress.com.my/con ... mp;art=1207bs06.txt

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发表于 2010-12-21 20:21 | 显示全部楼层
UEM Land’s takeover for Sunrise becomes unconditional, deadline extended

KUALA LUMPUR: UEM Land Holdings Bhd’s proposed takeover of Sunrise Bhd, and the creation the country’s largest listed property developer, is one step closer to fruition.

UEM Land’s conditional take-over offer for Sunrise has become unconditional after acceptance of its takeover offer crossed the 50% threshold, as at yesterday. It also announced that the closing date and time for acceptance of the takeover has been extended from tomorrow to 5pm on Jan 7, 2011.

The take-over offer was earlier conditional upon UEM Land receiving acceptances for at least 50% of the shares of Sunrise, a threshold which has since been achieved.

Three key shareholders of Sunrise — Datuk Tong Kooi Ong, Datuk Allan Lim and Tan Sri Danny Tan Chee Sing — who collectively own 40.3% of the company had earlier given an irrevocable undertaking to accept the takeover offer.

The offer is still subject to the approval of UEM Land’s shareholders at its EGM tomorrow. However, this appeared to be a done deal, as UEM Group Bhd, which holds a 77.1% stake in UEM Land, has provided an irrevocable undertaking to vote in favour of the exercise.

To recap, UEM Land’s offer for Sunrise is at RM2.80 per share, with Sunrise’s shareholders offered two options for each Sunrise share: a straight share swap exercise of 1.33 UEM Land shares priced at RM2.10 per share, or 2.8 redeemable convertible preference share (RCPS) in UEM Land at an issue price of RM1.

Those who opt for the unlisted RCPS can convert them any time within two years into UEM Land shares at RM2.30 each, either wholly in RCPS or 1 RCPS and RM1.30 in cash, giving the instruments a warrant-like gearing structure. Shareholders can also choose to redeem RCPS in full upon maturity at the end of two years.

UEM Land’s shares closed 1 sen lower at  RM2.41 yesterday on volume of 2.2 million shares, while Sunrise gained 1 sen to close at RM3.06, also on volume of 2.2 million shares. The 1.33 share swap ratio option would value Sunrise’s shares at approximately RM3.21, based on UEM Land’s closing price of RM2.41 yesterday.

http://www.theedgemalaysia.com/i ... dline-extended.html

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发表于 2010-12-24 17:59 | 显示全部楼层
UEM Land-UM Land to develop RM670m project in Puteri Harbour

KUALA LUMPUR: UEM Land Bhd and United Malayan Land Bhd (UM Land) will jointly develop a mixed development project in Puteri Harbour with a gross development value of RM670 million.

In a filing to Bursa Malaysia yesterday, UEM Land, the master developer of Nusajaya, said it has signed a sale & purchase agreement (SPA) to sell 6.7 acres of land for RM49.6 million to Nusajaya Consolidated Sdn Bhd, a 50:50 joint venture between itself and UM Land.  The 6.7-acre land parcel is located within the commercial south development of Puteri Harbour.

UM Land said Nusajaya Consolidated plans to build a mixed development project with a gross development profit of RM160 million, to be completed in four years from the completion of the SPA. The project has a gross development cost of RM510 million. The land and development cost will be financed via internally generated funds and bank borrowings, said UM Land.

The acquisition was pursuant to the exercise of the option given to Nusajaya Consolidated, following the purchase of 2.204 acres of land in Puteri Harbour in November 2009.

“We are excited with the exercise of the option and the SPA as it reaffirms UM Land’s commitment and belief towards the overall development potential of Puteri Harbour,” said UEM Land’s managing director and chief executive officer Datuk Wan Abdullah Wan Ibrahim.

Nusajaya Consolidated was first formed in October 2008 to jointly develop waterfront properties in Puteri Harbour. Their first project, consisting of boutique apartments, is expected to be launched next year. The latest acquisition is an exercise of the option given to the company following the first purchase.

“With all the development activities picking up in Nusajaya, this joint project is timely and augurs well with UM Land’s business plans and strategies. This development is expected to contribute to UM Land’s group earnings from financial year 2012 onwards,” said UM Land group chief executive officer Pee Tong Lim.

UEM Land is targeting Nusajaya to come alive by 2012 and has adopted a strategy of concurrent developments within Nusajaya by multiple world-class developers.

UEM Land fell three sen to close at RM2.48 yesterday with 1.48 million shares done. UM Land, however, was up four sen to RM1.74 with 17,000 shares exchanging hands.

http://www.theedgemalaysia.com/i ... puteri-harbour.html

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发表于 2010-12-27 19:29 | 显示全部楼层
31日起停牌‧陽光股東宜早決定

    * 大馬財經

2010-12-25 11:21

(吉隆坡24日訊)UEM置地(UEMLAND, 5148, 主板產業組)全購陽光(SUNRISE, 6165, 主板產業組),目前持股已增至91.02%,前者將從12月24日起的不超過兩個月內,強制收購其餘未持有股票,同時只以發股方式收購,不過現有的獻購至明年1月17日截止。

UEM置地發文告表示,截至12月24日,UEM置地已持有陽光91.02%股權,超過自動強制獻購的90%水平門檻。

剩5個交易日套現

陽光發文告表示,由於陽光已不符合上市的公眾持股比例,UEM置地也無意保留其上市地位,因此陽光將被除牌,從12月31日開始暫停交易。

分析員建議有意接受獻議的投資者快行動,因為強制收購下的換股方式套利空間低,加上必須承擔股價下滑風險,股東應選擇可轉換優先股(RCPS)方式接受全購獻議,以獲回酬保障。

不選優先股
自動當作換股


在截止日期前接受獻議的股東可選擇換股或換持優先股;一旦過了截止日期,將自動選擇換股方式。

益資利研究表示,目前陽光股價高於獻售價的2令吉80仙,尚未接受獻議的陽光股東有5個交易日考慮是否在公開市場脫售立刻套現。

假設股東選擇接受全購,益資利建議投資者選擇轉換優先股(RCPS)方式,而並非換股方式,因為風險比較低,兩年時間內可選擇換股,屆滿日公司會以面值贖回優先股。

選擇換股方式雖有5%套利機會,但風險也比較大,因為在UEM置地將股票匯入戶頭21天期間,投資者也必須承擔股價下跌風險。

星洲日報/財經‧2010.12.25

http://biz.sinchew-i.com/node/42331

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发表于 2011-1-11 17:20 | 显示全部楼层
UEM Land receives acceptances for 96.42% in Sunrise

KUALA LUMPUR: UEM Land Holdings Bhd has received acceptances for 477.64 million Sunrise Bhd shares at a takeover offer price of RM2.80 per share, representing a 96.42% stake in the company at the close of the offer period.

CIMB Investment Bank Bhd, on behalf of UEM Land, yesterday told Bursa Malaysia that 238.2 million ordinary shares of 50 sen each in the company and 837.1 million redeemable convertible preference shares (RCPS) of one sen each had been or will be issued as consideration for its offer.

“Further, UEM Land intends to proceed to invoke Section 222 of the Capital Markets and Services Act, 2007 to compulsorily acquire any remaining offer shares for which valid acceptances have not been received under the offer,” it said.

“Accordingly, the total number of UEM Land shares that have been/will be issued will increase to 261.9 million upon completion of the compulsory acquisition.”

In November last year, UEM Land had proposed a conditional offer for Sunrise at RM2.80 per share, valuing the whole of Sunrise at RM1.39 billion.

Sunrise’s shareholders were offered two options for each of their Sunrise share: a straight share-swap exercise of 1.33 UEM Land shares priced at RM2.10 per share, or 2.8 RCPS in UEM Land at an issue price of RM1.

Sunrise’s shares were suspended from trading on Jan 3 and were last traded at RM3.12 per share. Meanwhile, UEM Land ended 10 sen higher yesterday to RM2.99, on total volume of 15.9 million shares.

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发表于 2011-1-11 17:20 | 显示全部楼层
UEM-EPF last suitor standing for PLUS

KUALA LUMPUR: After all the hoo-ha on more bidders, PLUS Expressway Bhd shareholders are now left with just one offer from UEM Group Bhd and Employees Provident Fund (EPF) at RM4.60 per share.

PLUS yesterday announced to Bursa Malaysia that only UEM Group and the EPF have remitted the cash deposit of RM50 million as required for all bidders to confirm their offer. This makes UEM-EPF an obvious winner of the PLUS takeover bid.

However, PLUS did not mention that privately held Jelas Ulung Sdn Bhd, which made a higher offer last month at RM5.20 per share or totalling RM26 billion, had remitted the deposit for its bid.

Meanwhile, MMC Corporation Bhd, a utility and infrastructure group controlled by Tan Sri Syed Mokhtar Al-Bukhary, brushed off a news report saying that it could be making a surprise bid for PLUS before the deadline for submission.

According to a  filing with Bursa, MMC said it had not received any indication from the government on its proposal to acquire PLUS via the acquisition of UEM Group.

The counter closed three sen or nearly 1% lower to RM3.07 yesterday on total volume of 3.3 million shares.

PLUS had in November accepted a RM23 billion offer or RM4.60 per share from two substantial shareholders — UEM Group and the EPF, which collectively hold 67.7% of the country’s largest toll road operator. EPF holds a 12.3% stake in PLUS while UEM Group, together with its parent Khazanah Nasional Bhd, holds 55.4% of the firm.

The UEM-EPF offer has a clause that allows PLUS to consider competing offers, which eventually led to the RM26 billion offer by Jelas Ulung about a month later. Jelas Ulung’s offer is 13% more than the offer made by UEM Group and EPF.

Little is known about Jelas Ulung apart from details it revealed in its offer letter to PLUS. Incorporated on Nov 15, 2010 as a special-purpose vehicle for the bid, the company counts Tan Sri Ibrahim Zain and Datuk Ghazali Mat Ariff as its directors.

Such ending isn’t a big surprise to many as there has been scepticism about the financial strength of Jelas Ulung especially after PLUS set the condition for bidders to pay a refundable RM50 million deposit and disclose their funding source.

Some quarters said the fact PLUS’ share price did not climb to RM5.20 was an obvious sign of market scepticism over Jelas Ulung’s bid. PLUS closed eight sen or 1.74% higher at a record high of RM4.69 yesterday with a total of 5.9 million shares changing hands.

Maybank Investment Bank Research, in a research note to client on Dec 22, said it failed to see any investment return for Jelas Ulung to take over the country’s largest highway concessionaire given that its offer price of RM5.20 per share was 11% above the RM23.4 billion discounted cash flow value based on existing concession terms.

Jelas Ulung’s offer values PLUS at about 22 times forward price-to-earnings ratio versus its current valuation of 18.3 times. Shares in the company have increased 8.06% in value since UEM-EPF made its offer on Oct 15.

http://www.theedgemalaysia.com/i ... nding-for-plus.html

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发表于 2011-1-12 10:25 | 显示全部楼层
UEM Land receives acceptances for 96.42% in Sunrise

KUALA LUMPUR: UEM Land Holdings Bhd has received acceptances for 477.64 million Sunrise Bhd shares at a takeover offer price of RM2.80 per share, representing a 96.42% stake in the company at the close of the offer period.

CIMB Investment Bank Bhd, on behalf of UEM Land, yesterday told Bursa Malaysia that 238.2 million ordinary shares of 50 sen each in the company and 837.1 million redeemable convertible preference shares (RCPS) of one sen each had been or will be issued as consideration for its offer.

“Further, UEM Land intends to proceed to invoke Section 222 of the Capital Markets and Services Act, 2007 to compulsorily acquire any remaining offer shares for which valid acceptances have not been received under the offer,” it said.

“Accordingly, the total number of UEM Land shares that have been/will be issued will increase to 261.9 million upon completion of the compulsory acquisition.”

In November last year, UEM Land had proposed a conditional offer for Sunrise at RM2.80 per share, valuing the whole of Sunrise at RM1.39 billion.

Sunrise’s shareholders were offered two options for each of their Sunrise share: a straight share-swap exercise of 1.33 UEM Land shares priced at RM2.10 per share, or 2.8 RCPS in UEM Land at an issue price of RM1.

Sunrise’s shares were suspended from trading on Jan 3 and were last traded at RM3.12 per share. Meanwhile, UEM Land ended 10 sen higher yesterday to RM2.99, on total volume of 15.9 million shares.

http://www.theedgemalaysia.com/i ... 642-in-sunrise.html

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