August 11, 2011

Company announcements: IPOWER, MNC, BSTEAD, HAPSENG, MAS, YTL, AIRASIA, GUANCHG

IPOWER - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: I-POWER BERHAD (ACE Market)
Stock Name: IPOWER
Date Announced: 11/08/2011

Announcement Detail:
Type: Announcement

Subject: MULTIPLE PROPOSALS

Description: I-POWER BERHAD ("I-POWER" OR THE "COMPANY")

I. PROPOSED CAPITAL REDUCTION;
II. PROPOSED CRR REDUCTION;
III. PROPOSED SHARE PREMIUM REDUCTION;
IV. PROPOSED SHARE CONSOLIDATION;
V. PROPOSED ACQUISITION;
VI. PROPOSED EXEMPTION;
VII. PROPOSED OFFER FOR SALE;
VIII. PROPOSED PRIVATE PLACEMENT;
IX. PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL;
X. PROPOSED CHANGE OF NAME; AND
XI. PROPOSED AMENDMENTS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Attachments: I-Power_Announcement.pdf


MNC - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company Name: M N C WIRELESS BERHAD (ACE Market)
Stock Name: MNC
Date Announced: 11/08/2011

Announcement Detail:
Type: Announcement

Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS

Description: MNC WIRELESS BERHAD ("MNC" or "the Company")
-Acquisition of Properties from Tetap Tiara Sdn Bhd for a total consideration of RM2,621,600.00


BSTEAD - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company Name: BOUSTEAD HOLDINGS BERHAD
Stock Name: BSTEAD
Date Announced: 11/08/2011

Announcement Detail:
Type: Announcement

Subject: MEMORANDUM OF UNDERSTANDING

Description: MEMORANDUM OF UNDERSTANDING BETWEEN BOUSTEAD SISSONS PAINTS SDN BHD AND ROYALTON HOLDINGS SDN BHD

Attachments: MOU-Royalton-Announcement.pdf


HAPSENG - Profile for Warrants

Announcement Type: Listing Information & Profile
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: HAP SENG CONSOLIDATED BERHAD
Stock Name: HAPSENG
Date Announced: 11/08/2011

Announcement Detail:
Instrument Type: Warrants

Description: Free detachable warrants ("Warrants") issued pursuant to the renounceable rights issue of 364,392,900 new ordinary shares of RM1.00 each in Hap Seng Consolidated Berhad ("HSCB Shares") ("Rights Shares") together with 364,392,900 Warrants on the basis of one (1) Rights Share together with one (1) Warrant for every five (5) HSCB Shares held after the bonus issue of 1,214,643,000 new HSCB Shares ("Bonus Shares") on the basis of two (2) Bonus Shares for every one (1) existing HSCB Share held as at 5.00 p.m. on 19 July 2011, at an issue price of RM1.05 per Rights Share ("Rights Issue with Warrants")

Listing Date: 15/08/2011

Issue Date: 09/08/2011

Issue/ Ask Price: MYR 0.0000

Issue Size Indicator: Unit

Issue Size in Unit: 364,392,900

Maturity Date: 09/08/2016

Exercise/ Conversion Period: 5.00 Year(s)

Revised Exercise/ Conversion Period: 0.00

Exercise/Strike/Conversion Price: MYR 1.6500

Revised Exercise/Strike/Conversion Price: MYR 0.0000

Exercise/ Conversion Ratio: 1 Warrant : 1 HSCB Share

Mode of satisfaction of Exercise/ Conversion price: Cash

Settlement Type/ Convertible into: Physical (Shares)

Remarks: The Warrants are issued free pursuant to the Rights Issue on the basis of one (1) Warrant for every one (1) Rights Share subscribed.

Each Warrant entitles the holder to subscribe for one (1) new HSCB Share at the exercise price of RM1.65 at any time during the exercise period, subject to adjustments in accordance with the provisions of the deed poll constituting the Warrants. Warrants not exercised during the exercise period will thereafter lapse and cease to be valid.


MAS - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: MALAYSIAN AIRLINE SYSTEM BERHAD
Stock Name: MAS
Date Announced: 11/08/2011

Announcement Detail:
Date of change: 11/08/2011

Type of change: Appointment

Designation: Director

Directorate: Non Independent & Non Executive

Name: Tan Sri Dr. Anthony Francis Fernandes

Age: 47

Nationality: Malaysian

Qualifications: He was admitted as an Associate Member of the Association of Chartered Certified Accountants in 1991, and became a Fellow Member in 1996.

In March 2010, he received an Honorary Doctorate of Business Innovation from Universiti Teknologi Malaysia (UTM) for his role in changing the face of aviation and in benefitting travellers and economies locally and in the region.

Working experience and occupation: He was Financial Controller at Virgin Communications London (1987 - 1989), and moved on to be Senior Financial Analyst at Warner Music International London (1989 - 1992), Managing Director at Warner Music Malaysia (1992 - 1996), Regional Managing Director, ASEAN (1996 - 1999) and Vice President, ASEAN at Warner Music South East Asia (1999 - 2001).

In 2001, he was appointed the Group Chief Executive Officer of AirAsia Berhad and holds the position until now.

Directorship of public companies (if any): AirAsia Berhad

Family relationship with any director and/or major shareholder of the listed issuer: Nil

Any conflict of interests that he/she has with the listed issuer: Nil

Details of any interest in the securities of the listed issuer or its subsidiaries: Nil


MAS - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: MALAYSIAN AIRLINE SYSTEM BERHAD
Stock Name: MAS
Date Announced: 11/08/2011

Announcement Detail:
Date of change: 11/08/2011

Type of change: Appointment

Designation: Director

Directorate: Non Independent & Non Executive

Name: Dato' Kamarudin bin Meranun

Age: 50

Nationality: Malaysian

Qualifications: He received a Diploma in Actuarial Science from University Technology MARA (UiTM) and was named the "Best Actuarial Student" by the Life Insurance Institute of Malaysia in 1983. He received a B.Sc. degree with Distinction (Magma Cum Laude) majoring in Finance in 1986 and an MBA in 1987 from Central Michigan University.

Working experience and occupation: He worked in Arab-Malaysian Merchant Bank from 1988 to 1993 as a Portfolio Manager, managing both institutional and high net-worth individual clients' investment funds. In 1994, he was appointed Executive Director of Innosabah Capital Management Sdn Bhd, a subsidiary of Innosabah Securities Sdn Bhd. He subsequently acquired the shares of the joint venture partner of Innosabah Capital Management Sdn Bhd, which was later renamed Intrinsic Capital Management Sdn Bhd.

He was appointed Director of AirAsia Berhad on 12 December 2001. In January 2004, he was appointed Executive Director and on 8 December 2005, he was re-designated to Group Deputy Chief Executive Officer and holds the position until now.

Directorship of public companies (if any): AirAsia Berhad

Family relationship with any director and/or major shareholder of the listed issuer: Nil

Any conflict of interests that he/she has with the listed issuer: Nil

Details of any interest in the securities of the listed issuer or its subsidiaries: Nil


YTL - YTL-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")

Announcement Type: Listing Circular
Company Name: YTL CORPORATION BERHAD
Stock Name: YTL
Date Announced: 11/08/2011

Announcement Detail:
Subject: YTL-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")

Contents: Kindly be advised that the abovementioned Company's additional 623,000 new ordinary shares of RM0.10 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Monday, 15 August 2011.


AIRASIA - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: AIRASIA BERHAD
Stock Name: AIRASIA
Date Announced: 11/08/2011

Announcement Detail:
Date of change: 11/08/2011

Type of change: Appointment

Designation: Director

Directorate: Non Independent & Non Executive

Name: DATUK MOHAMED AZMAN BIN YAHYA

Age: 47

Nationality: Malaysian

Qualifications: Datuk Mohamed Azman Bin Yahyah ("Datuk Azman Yahya") graduated with a first class honours degree in Economics from the London School of Economics and Political Science from the University of London. He is also a member of the Institute of Chartered Accountants in England and Wales, the Malaysian Institute of Accountants and a fellow of the Malaysian Institute of Banks.

Working experience and occupation: Datuk Azman Yahya was appointed as Director of Khazanah Nasional Berhad on 1 June 2004. Datuk Azman Yahya is the founder and Group Chief Executive of Symphony House Berhad, an outsourcing services company. He is concurrently the Executive Chairman of Bolton Berhad, a property group. Both companies are listed on Bursa Malaysia.

During the 1997 - 1998 Asian financial crises, Datuk Azman Yahya was appointed by the Government of Malaysia to set-up and head Danaharta, a national asset management company. Subsequently, he also served as Chairman of the Corporate Debt Restructuring Committee, set up by Malaysia's Central Bank, to mediate and assist in debt restructuring programmes of viable companies until its closure in the year 2002.

Apart from Khazanah Nasional Berhad and several of its investee companies, Datuk Azman Yahya also sits on the board of Ekuiti Nasional Berhad, a government linked private equity fund management company. Datuk Azman Yahya is a member of the National Innovation Council, the Malaysian Financial Reporting Foundation and the Special Taskforce to facilitate Business (PEMUDAH), a public-private sector partnership to improve the public service delivery system. He is also a director of the Sepang International Circuit and Chairman of Motorsports Association of Malaysia.

Datuk Azman Yahya started his career in auditing with KPMG in London before returning to Malaysia in the year 1988 where he built his career in investment banking as chief executive of Amanah Merchant Bank.

Directorship of public companies (if any): 1. Malaysian Airline System Berhad
2. Symphony House Berhad
3. Bolton Berhad
4. PLUS Expressways Berhad
5. Scomi Group Berhad
6. Khazanah Nasional Berhad
7. Ekuiti Nasional Berhad

Family relationship with any director and/or major shareholder of the listed issuer: Nil

Any conflict of interests that he/she has with the listed issuer: Nil

Details of any interest in the securities of the listed issuer or its subsidiaries: Nil


AIRASIA - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: AIRASIA BERHAD
Stock Name: AIRASIA
Date Announced: 11/08/2011

Announcement Detail:
Date of change: 11/08/2011

Type of change: Appointment

Designation: Alternate Director

Directorate: Non Independent & Non Executive

Name: MOHAMMED RASHDAN BIN MOHD YUSOF

Age: 40

Nationality: Malaysian

Qualifications: En. Mohammed Rashdan Bin Mohd Yusof ("En. Rashdan Yusof") holds a double first class honours degree in Economics from the University of Cambridge. He is a Chartered Accountant and a fellow member of the Institute of Chartered Accountants in England and Wales and the Association of Corporate Treasurers of the United Kingdom.

Working experience and occupation: En. Rashdan Yusof trained as an accountant in PricewaterhouseCoopers and later was a financial consultant, specialising in financial services and structured finance. In the year 2002, En. Rashdan Yusof was one of the two co-founders of BinaFikir Sdn Bhd, an investment advisory firm, and was its Managing Director from years 2004 to 2008. He was subsequently appointed as Chief Executive Officer and Director of Maybank Investment Bank Berhad in the year 2008 to mid-May 2010.

En. Rashdan Yusof joined Khazanah Nasional Berhad ("Khazanah") in May 2010 as an Executive Director, Investments. He currently serves as an Executive Director of Malaysian Airline System Berhad. He is also the Chairman of Penerbangan Malaysia Berhad.

Directorship of public companies (if any): 1. Malaysian Airline System Berhad
2. Penerbangan Malaysia Berhad

Family relationship with any director and/or major shareholder of the listed issuer: Nil

Any conflict of interests that he/she has with the listed issuer: Nil

Details of any interest in the securities of the listed issuer or its subsidiaries: Nil


GUANCHG - Quarterly rpt on consolidated results for the financial period ended 30/6/2011

Announcement Type: Financial Results
Submitting Merchant Bank: N/A
Company Name: GUAN CHONG BERHAD
Stock Name: GUANCHG
Date Announced: 11/08/2011

Announcement Detail:
Financial Year End: 31/12/2011

Quarter: 2

Quarterly report for the financial period ended: 30/06/2011

The figures: have not been audited

Currency: Malaysian Ringgit (MYR)


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