PUC - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: PUC FOUNDER (MSC) BERHAD (ACE Market)
Stock Name: PUC
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: PUC FOUNDER (MSC) BERHAD ("PUCF" OR THE "COMPANY")
PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN RED MEDIA ASIA LIMITED ("RED MEDIA ASIA" OR "RMA") COMPRISING A TOTAL OF 8,269,818 ORDINARY SHARES OF USD1.00 EACH FROM REDHOT MEDIA INTERNATIONAL LIMITED ("RMIL" OR THE "VENDOR") FOR A TOTAL CONSIDERATION OF RM95.0 MILLION TO BE SATISFIED VIA THE ISSUANCE OF 950,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN PUCF ("SHARES") AT AN ISSUE PRICE OF RM0.10 EACH ("PROPOSED ACQUISITION");
PROPOSED EXEMPTION UNDER PRACTICE NOTE 2.9.1 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 1998 ("CODE") TO RMIL AND PERSONS ACTING IN CONCERT WITH IT FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR THE REMAINING PUCF SHARES NOT ALREADY HELD BY IT UPON COMPLETION OF THE PROPOSED ACQUISITION ("PROPOSED EXEMPTION");
PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL OF PUCF ("PROPOSED IASC"); AND
PROPOSED AMENDMENT TO THE COMPANY'S MEMORANDUM AND ARTICLES OF ASSOCIATION.
Contents: Kenanga Investment Bank Berhad is pleased to announce, on behalf of the Board of Directors of PUCF, that the Company had on 16 November 2010 entered into a conditional Sale of Shares Agreement ("SSA") with RMIL for the acquisition of the entire equity interest in Red Media Asia, a wholly-owned subsidiary of RMIL, comprising a total of 8,269,818 ordinary shares of USD1.00 each at completion of the SSA for a total consideration of RM95,000,000 to be satisfied via the issuance of 950,000,000 new Shares in PUCF at an issue price of RM0.10 each ("Consideration Shares").
Upon completion of the Proposed Acquisition, RMIL will hold more than 33% of the equity interest in the Company. Pursuant to Part II of the Code, RMIL and where applicable, persons acting in concert with it ("PAC"), will be obliged to extend a mandatory general offer for the remaining Shares not already held by RMIL and PAC upon the allotment and issuance of the Consideration Shares. Following thereto, RMIL and PAC propose to seek an exemption under Practice Note 2.9.1 of the Code from the Securities Commission from having to undertake the aforesaid mandatory general offer, which is also a condition precedent to the Proposed Acquisition.
To facilitate the completion of the Proposed Acquisition (subject to the terms and conditions of the SSA), the Company also proposes to increase its existing authorised share capital from RM10,000,000 comprising 100,000,000 Shares to RM500,000,000 comprising 5,000,000,000 PUCF Shares in order to facilitate the issuance of the Consideration Shares.
In conjunction with the Proposed IASC, the Company's Memorandum and Articles of Association is also proposed to be amended to accommodate the Proposed IASC.
Kindly refer to the attachment below for further details on the above proposals.
This announcement is dated 16 November 2010
Attachments: PUCF_Announcement.pdf
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: PUC FOUNDER (MSC) BERHAD (ACE Market)
Stock Name: PUC
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: PUC FOUNDER (MSC) BERHAD ("PUCF" OR THE "COMPANY")
PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN RED MEDIA ASIA LIMITED ("RED MEDIA ASIA" OR "RMA") COMPRISING A TOTAL OF 8,269,818 ORDINARY SHARES OF USD1.00 EACH FROM REDHOT MEDIA INTERNATIONAL LIMITED ("RMIL" OR THE "VENDOR") FOR A TOTAL CONSIDERATION OF RM95.0 MILLION TO BE SATISFIED VIA THE ISSUANCE OF 950,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN PUCF ("SHARES") AT AN ISSUE PRICE OF RM0.10 EACH ("PROPOSED ACQUISITION");
PROPOSED EXEMPTION UNDER PRACTICE NOTE 2.9.1 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 1998 ("CODE") TO RMIL AND PERSONS ACTING IN CONCERT WITH IT FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR THE REMAINING PUCF SHARES NOT ALREADY HELD BY IT UPON COMPLETION OF THE PROPOSED ACQUISITION ("PROPOSED EXEMPTION");
PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL OF PUCF ("PROPOSED IASC"); AND
PROPOSED AMENDMENT TO THE COMPANY'S MEMORANDUM AND ARTICLES OF ASSOCIATION.
Contents: Kenanga Investment Bank Berhad is pleased to announce, on behalf of the Board of Directors of PUCF, that the Company had on 16 November 2010 entered into a conditional Sale of Shares Agreement ("SSA") with RMIL for the acquisition of the entire equity interest in Red Media Asia, a wholly-owned subsidiary of RMIL, comprising a total of 8,269,818 ordinary shares of USD1.00 each at completion of the SSA for a total consideration of RM95,000,000 to be satisfied via the issuance of 950,000,000 new Shares in PUCF at an issue price of RM0.10 each ("Consideration Shares").
Upon completion of the Proposed Acquisition, RMIL will hold more than 33% of the equity interest in the Company. Pursuant to Part II of the Code, RMIL and where applicable, persons acting in concert with it ("PAC"), will be obliged to extend a mandatory general offer for the remaining Shares not already held by RMIL and PAC upon the allotment and issuance of the Consideration Shares. Following thereto, RMIL and PAC propose to seek an exemption under Practice Note 2.9.1 of the Code from the Securities Commission from having to undertake the aforesaid mandatory general offer, which is also a condition precedent to the Proposed Acquisition.
To facilitate the completion of the Proposed Acquisition (subject to the terms and conditions of the SSA), the Company also proposes to increase its existing authorised share capital from RM10,000,000 comprising 100,000,000 Shares to RM500,000,000 comprising 5,000,000,000 PUCF Shares in order to facilitate the issuance of the Consideration Shares.
In conjunction with the Proposed IASC, the Company's Memorandum and Articles of Association is also proposed to be amended to accommodate the Proposed IASC.
Kindly refer to the attachment below for further details on the above proposals.
This announcement is dated 16 November 2010
Attachments: PUCF_Announcement.pdf
MCMTECH - General Announcement
Announcement Type: General Announcement
Company Name: MCM TECHNOLOGIES BERHAD (ACE Market)
Stock Name: MCMTECH
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: MCM TECHNOLOGIES BERHAD ("MCMTECH")
- CONDITIONAL VOLUNTARY TAKE-OVER OFFER BY MEZZANINE CAPITAL (MALAYSIA) SDN BHD ("OFFEROR") THROUGH ECM LIBRA INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM0.10 EACH IN MCMTECH ("MCMTECH SHARES") NOT ALREADY OWNED BY THE OFFEROR AND ALL THE NEW MCMTECH SHARES THAT MAY BE ISSUED PRIOR TO THE CLOSING OF THE OFFER ARISING FROM THE EXERCISE OF OUTSTANDING OPTIONS GRANTED PURSUANT TO MCMTECH'S EMPLOYEES' SHARE OPTION SCHEME (COLLECTIVELY "OFFER SHARES") AT A CASH CONSIDERATION OF RM0.13 PER OFFER SHARE ("OFFER")
Contents: We refer to our announcements dated 24 September 2010 and 14 October 2010 on the notice of the Offer and the posting of the offer document relating to the Offer respectively.
During the offer period which commenced on 23 September 2010, a person acting in concert with the Offeror has an obligation to disclose his/her dealings in the shares of MCMTech to Bursa Malaysia Securities Berhad ("Bursa Securities") and the Securities Commission and announced by way of a press notice. Bursa Securities requires that the disclosure to Bursa Securities to be announced via the Bursa LINK.
MCMTech wishes to announce that Fulcrum Capital Sdn Bhd, being person acting in concert with the Offeror had on 16 November 2010 pursuant to Section 32 of the Malaysian Code on Take-Overs and Mergers 1998 and Rule 11.07 of the Bursa Securities ACE Market Listing Requirements informed that, they have dealt in MCMTech Shares.
A copy of the press notice dated 16 November 2010 is attached.
This announcement is dated 16 November 2010.
Attachments: PressNotice.Fulcrum Capital Sdn Bhd.pdf
Company Name: MCM TECHNOLOGIES BERHAD (ACE Market)
Stock Name: MCMTECH
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: MCM TECHNOLOGIES BERHAD ("MCMTECH")
- CONDITIONAL VOLUNTARY TAKE-OVER OFFER BY MEZZANINE CAPITAL (MALAYSIA) SDN BHD ("OFFEROR") THROUGH ECM LIBRA INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM0.10 EACH IN MCMTECH ("MCMTECH SHARES") NOT ALREADY OWNED BY THE OFFEROR AND ALL THE NEW MCMTECH SHARES THAT MAY BE ISSUED PRIOR TO THE CLOSING OF THE OFFER ARISING FROM THE EXERCISE OF OUTSTANDING OPTIONS GRANTED PURSUANT TO MCMTECH'S EMPLOYEES' SHARE OPTION SCHEME (COLLECTIVELY "OFFER SHARES") AT A CASH CONSIDERATION OF RM0.13 PER OFFER SHARE ("OFFER")
Contents: We refer to our announcements dated 24 September 2010 and 14 October 2010 on the notice of the Offer and the posting of the offer document relating to the Offer respectively.
During the offer period which commenced on 23 September 2010, a person acting in concert with the Offeror has an obligation to disclose his/her dealings in the shares of MCMTech to Bursa Malaysia Securities Berhad ("Bursa Securities") and the Securities Commission and announced by way of a press notice. Bursa Securities requires that the disclosure to Bursa Securities to be announced via the Bursa LINK.
MCMTech wishes to announce that Fulcrum Capital Sdn Bhd, being person acting in concert with the Offeror had on 16 November 2010 pursuant to Section 32 of the Malaysian Code on Take-Overs and Mergers 1998 and Rule 11.07 of the Bursa Securities ACE Market Listing Requirements informed that, they have dealt in MCMTech Shares.
A copy of the press notice dated 16 November 2010 is attached.
This announcement is dated 16 November 2010.
Attachments: PressNotice.Fulcrum Capital Sdn Bhd.pdf
MCMTECH - General Announcement
Announcement Type: General Announcement
Company Name: MCM TECHNOLOGIES BERHAD (ACE Market)
Stock Name: MCMTECH
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: Notification Pursuant to Rule 14.08(c) of Bursa Malaysia Securities Berhad ACE Market Listing Requirements
Contents: We have received notification dated 16 November 2010 from Y. Bhg. Tan Sri Azman Hashim ("TSAH"), a Director of MCM Technologies Berhad ("MCMTech") on the purchase of MCMTech shares by Fulcrum Capital Sdn Bhd, a wholly-owned subsidiary company of Amcorp Group Berhad (Formerly known as AmcorpGroup Berhad)("AMCORP"), as set out in the table below.
TSAH is deemed interested in the purchase by virtue of his interest in AMCORP.
This announcement is dated 16 November 2010.
Company Name: MCM TECHNOLOGIES BERHAD (ACE Market)
Stock Name: MCMTECH
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: Notification Pursuant to Rule 14.08(c) of Bursa Malaysia Securities Berhad ACE Market Listing Requirements
Contents: We have received notification dated 16 November 2010 from Y. Bhg. Tan Sri Azman Hashim ("TSAH"), a Director of MCM Technologies Berhad ("MCMTech") on the purchase of MCMTech shares by Fulcrum Capital Sdn Bhd, a wholly-owned subsidiary company of Amcorp Group Berhad (Formerly known as AmcorpGroup Berhad)("AMCORP"), as set out in the table below.
TSAH is deemed interested in the purchase by virtue of his interest in AMCORP.
This announcement is dated 16 November 2010.
TEJARI - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: PM SECURITIES SDN BHD
Company Name: TEJARI TECHNOLOGIES BERHAD (ACE Market)
Stock Name: TEJARI
Date Announced: 16/11/2010
Announcement Detail:
Admission Sponsor: Kenanga Investment Bank Bhd
Sponsor: OSK Investment Bank Bhd
Type: Announcement
Subject: TEJARI TECHNOLOGIES BERHAD ("TEJARI" OR THE "COMPANY")
? Proposed Rights Issue with Warrants;
? Proposed Increase in Authorised Share Capital;
? Proposed Amendments; and
? Proposed Provision of Financial Assistance
(Collectively referred as the "Proposals")
Contents: Further to our announcement dated 10 November 2010, Tejari wishes to make some revisions to the terms of the Proposals. Please refer to the attachment for the further details of the proposed revisions.
Attachments: Additional announcement.pdf
Submitting Merchant Bank: PM SECURITIES SDN BHD
Company Name: TEJARI TECHNOLOGIES BERHAD (ACE Market)
Stock Name: TEJARI
Date Announced: 16/11/2010
Announcement Detail:
Admission Sponsor: Kenanga Investment Bank Bhd
Sponsor: OSK Investment Bank Bhd
Type: Announcement
Subject: TEJARI TECHNOLOGIES BERHAD ("TEJARI" OR THE "COMPANY")
? Proposed Rights Issue with Warrants;
? Proposed Increase in Authorised Share Capital;
? Proposed Amendments; and
? Proposed Provision of Financial Assistance
(Collectively referred as the "Proposals")
Contents: Further to our announcement dated 10 November 2010, Tejari wishes to make some revisions to the terms of the Proposals. Please refer to the attachment for the further details of the proposed revisions.
Attachments: Additional announcement.pdf
MYETFDJ - MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 16-11-2010
Announcement Type: General Announcement
Company Name: MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25
Stock Name: MYETFDJ
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 16-11-2010
Contents: Fund:MYETFDJ
NAV per unit (RM):0.9339
Units in Circulation (units):660,000,000
Manager's Fee (%p.a):0.40
Trustee's Fee (%p.a):0.05
License Fee (%p.a):0.04
DJIM25 Index:835.16
Attachments: Daily Fund Values 161110.pdf
Company Name: MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25
Stock Name: MYETFDJ
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 16-11-2010
Contents: Fund:MYETFDJ
NAV per unit (RM):0.9339
Units in Circulation (units):660,000,000
Manager's Fee (%p.a):0.40
Trustee's Fee (%p.a):0.05
License Fee (%p.a):0.04
DJIM25 Index:835.16
Attachments: Daily Fund Values 161110.pdf
CIMBA40 - CIMB FTSE ASEAN 40 Malaysia - Valuation Point as at 16-Nov-10
Announcement Type: General Announcement
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE ASEAN 40 MALAYSIA
Stock Name: CIMBA40
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: CIMB FTSE ASEAN 40 Malaysia - Valuation Point as at 16-Nov-10
Contents: Fund: CIMB FTSE ASEAN 40 Malaysia
NAV per unit (RM): 1.6183
Units in circulation (units): 8,100,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 10,278.74
Attachments: ASEAN40-16112010.pdf
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE ASEAN 40 MALAYSIA
Stock Name: CIMBA40
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: CIMB FTSE ASEAN 40 Malaysia - Valuation Point as at 16-Nov-10
Contents: Fund: CIMB FTSE ASEAN 40 Malaysia
NAV per unit (RM): 1.6183
Units in circulation (units): 8,100,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 10,278.74
Attachments: ASEAN40-16112010.pdf
CIMBX25 - CIMB FTSE Xinhua China 25 - Valuation Point as at 16-Nov-10
Announcement Type: General Announcement
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE XINHUA CHINA 25
Stock Name: CIMBX25
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: CIMB FTSE Xinhua China 25 - Valuation Point as at 16-Nov-10
Contents: Fund: CIMB FTSE Xinhua China 25
NAV per unit (RM): 1.0922
Units in circulation (units): 19,500,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 1.9661.12
Attachments: XINHUA 25-16112010.pdf
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE XINHUA CHINA 25
Stock Name: CIMBX25
Date Announced: 16/11/2010
Announcement Detail:
Type: Announcement
Subject: CIMB FTSE Xinhua China 25 - Valuation Point as at 16-Nov-10
Contents: Fund: CIMB FTSE Xinhua China 25
NAV per unit (RM): 1.0922
Units in circulation (units): 19,500,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 1.9661.12
Attachments: XINHUA 25-16112010.pdf
BRDB - Quarterly rpt on consolidated results for the financial period ended 30/9/2010
Announcement Type: Financial Results
Company Name: BANDAR RAYA DEVELOPMENTS BERHAD
Stock Name: BRDB
Date Announced: 16/11/2010
Announcement Detail:
Financial Year End: 31/12/2010
Quarter: 3
Quarterly report for the financial period ended: 30/09/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: BANDAR RAYA DEVELOPMENTS BERHAD
Stock Name: BRDB
Date Announced: 16/11/2010
Announcement Detail:
Financial Year End: 31/12/2010
Quarter: 3
Quarterly report for the financial period ended: 30/09/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
PARAMON - Quarterly rpt on consolidated results for the financial period ended 30/9/2010
Announcement Type: Financial Results
Company Name: PARAMOUNT CORPORATION BERHAD
Stock Name: PARAMON
Date Announced: 16/11/2010
Announcement Detail:
Financial Year End: 31/12/2010
Quarter: 3
Quarterly report for the financial period ended: 30/09/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: PARAMOUNT CORPORATION BERHAD
Stock Name: PARAMON
Date Announced: 16/11/2010
Announcement Detail:
Financial Year End: 31/12/2010
Quarter: 3
Quarterly report for the financial period ended: 30/09/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
SIME - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: SIME DARBY BERHAD
Stock Name: SIME
Date Announced: 16/11/2010
Announcement Detail:
Date of change: 16/11/2010
Type of change: Retirement
Designation: Director
Directorate: Independent & Non Executive
Name: Dr. Arifin Mohamad Siregar
Age: 76
Nationality: Indonesian
Qualifications: Not Applicable
Working experience and occupation: Not Applicable
Directorship of public companies (if any): Not Applicable
Family relationship with any director and/or major shareholder of the listed issuer: None
Any conflict of interests that he/she has with the listed issuer: None
Details of any interest in the securities of the listed issuer or its subsidiaries: None
Company Name: SIME DARBY BERHAD
Stock Name: SIME
Date Announced: 16/11/2010
Announcement Detail:
Date of change: 16/11/2010
Type of change: Retirement
Designation: Director
Directorate: Independent & Non Executive
Name: Dr. Arifin Mohamad Siregar
Age: 76
Nationality: Indonesian
Qualifications: Not Applicable
Working experience and occupation: Not Applicable
Directorship of public companies (if any): Not Applicable
Family relationship with any director and/or major shareholder of the listed issuer: None
Any conflict of interests that he/she has with the listed issuer: None
Details of any interest in the securities of the listed issuer or its subsidiaries: None
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