REDTONE - Changes in Director's Interest (S135) - Datuk Wira Syed Ali bin Tan Sri Syed Abbas Al Habshee
Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
| Company Name | REDTONE INTERNATIONAL BERHAD (ACE Market) |
| Stock Name | REDTONE |
| Date Announced | 3 Sept 2012 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CK-120903-66AAA |
Information Compiled By KLSE
Particulars of Director
| Name | Datuk Wira Syed Ali bin Tan Sri Syed Abbas Al Habshee |
| Address | No. 32 Jalan Satu Taman Tun Abdul Razak 68000 Ampang, Selangor |
| Descriptions(Class & nominal value) | Irredeemable Convertible Unsecured Loan Stock ("ICULS") of RM0.10 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Others | 40,000 | 0.140 | |
Others | 47,200 | 0.140 | |
Others | 38,800 | 0.135 |
| Description of other type of transaction | Deemed interested by virtue of his interest in Indah Pusaka Sdn Bhd via Tema Juara Sdn Bhd pursuant to Section 6A of the Companies Act, 1965. |
| Circumstances by reason of which change has occurred | Deemed interested by virtue of his interest in Indah Pusaka Sdn Bhd via Tema Juara Sdn Bhd pursuant to Section 6A of the Companies Act, 1965. |
| Nature of interest | Indirect |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 0 |
| Direct (%) | 0 |
| Indirect/deemed interest (units) | 96,385,991 |
| Indirect/deemed interest (%) | 38.84 |
| Date of notice | 30/08/2012 |
| Remarks : |
| The Notification of Change in Directors' Interest dated 30 August 2012 was received by the Company on 3 September 2012. |
REDTONE - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
Announcement Type: General Announcement
| Company Name | REDTONE INTERNATIONAL BERHAD (ACE Market) |
| Stock Name | REDTONE |
| Date Announced | 3 Sept 2012 |
| Category | General Announcement |
| Reference No | CK-120903-7AB15 |
| Type | Announcement | ||||||||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||||||||||||||
| Description | Notification of dealings by Director pursuant to Rule 14.09 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad. | ||||||||||||||||||||||||
In accordance with Rule 14.09 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, REDtone International Berhad wishes to announce the following dealings in securities by the Director:-�
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OSKVI - General Announcement
Announcement Type: General Announcement
| Company Name | OSK VENTURES INTERNATIONAL BERHAD (ACE Market) |
| Stock Name | OSKVI |
| Date Announced | 3 Sept 2012 |
| Category | General Announcement |
| Reference No | OV-120903-63785 |
| Type | Announcement | ||||||||||||||||||||||||||
| Subject | OTHERS | ||||||||||||||||||||||||||
| Description | OSK VENTURES INTERNATIONAL BERHAD (“OSKVI” or “the Company”) - DEALINGS IN QUOTED SECURITIES PURSUANT TO RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD | ||||||||||||||||||||||||||
Pursuant to Rule 9.20 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to inform that the aggregate sale consideration of quoted securities by the Company for the preceding 12 months, which has not been announced, has exceeded 5% of OSKVI’s latest audited consolidated net assets, details are as follows:-
This announcement is dated 3 September 2012. � � � | |||||||||||||||||||||||||||
NOTION - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
| Company Name | NOTION VTEC BERHAD |
| Stock Name | NOTION |
| Date Announced | 3 Sept 2012 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CC-120903-28F24 |
MYEG - Changes in Sub. S-hldr's Int. (29B) - Utilico Emerging Markets Limited
Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
| Company Name | MY E.G. SERVICES BERHAD |
| Stock Name | MYEG |
| Date Announced | 3 Sept 2012 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-120903-B37BB |
Particulars of substantial Securities Holder
| Name | Utilico Emerging Markets Limited |
| Address | Canon's Court 22 Victoria Street Hamilton HM12 Bermuda |
| NRIC/Passport No/Company No. | 36941 |
| Nationality/Country of incorporation | Bermuda |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.10 each |
| Name & address of registered holder | JPMorgan Chase Bank, N.A. 2 Leboh Ampang 50100 Kuala Lumpur Malaysia W051546 |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 29/08/2012 | 5,000,000 |
| Remarks : |
| The percentage of direct interest excludes 4,635,600 ordinary shares of RM0.10 each bought back by the Company and retained as treasury shares. The Form 29B was received by the Company on 3 September 2012. |
FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Announcement Type: General Announcement
| Company Name | FTSE BURSA MALAYSIA KLCI ETF |
| Stock Name | FBMKLCI-EA |
| Date Announced | 3 Sept 2012 |
| Category | General Announcement |
| Reference No | FB-120903-88746 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | FTSE Bursa Malaysia KLCI etf - Valuation Point as at 3 September 2012 |
Fund: FTSE Bursa Malaysia KLCI etf | |
MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Announcement Type: General Announcement
| Company Name | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 |
| Stock Name | MYETFDJ |
| Date Announced | 3 Sept 2012 |
| Category | General Announcement |
| Reference No | MD-120903-60674 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 03-09-2012 Fund:MYETFDJ NAV per unit (RM):1.1146 Units in Circulation (units):267,900,000 Manager's Fee (%p.a):0.40 Trustee's Fee (%p.a):0.05 License Fee (%p.a):0.04 DJIM25 Index:982.21 |
BRDB - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
Announcement Type: General Announcement
| Company Name | BANDAR RAYA DEVELOPMENTS BERHAD |
| Stock Name | BRDB |
| Date Announced | 3 Sept 2012 |
| Category | General Announcement |
| Reference No | BR-120903-66095 |
| Type | Announcement |
| Subject | TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS) |
| Description | APPOINTMENT OF INDEPENDENT ADVISER IN RELATION TO THE CONDITIONAL TAKE-OVER OFFER FROM AMBANG SEHATI SDN BHD |
Reference is made to our announcement on 30 August 2012 in relation to the receipt of Notice of Conditional Take-Over Offer from CIMB Investment Bank Berhad and Newfields Advisors Sdn Bhd on behalf of Ambang Sehati Sdn Bhd, to acquire the following securities of BRDB: (i) all the ordinary shares of RM1.00 each in BRDB (“BRDB Shares”) and such number of new BRDB Shares that may be issued pursuant to the exercise of any outstanding warrants issued by BRDB (“BRDB Warrants”) prior to the close of the Offer (as defined below) which are not already held by the Offeror (“Offer Shares”) at a cash offer price of RM2.90 per Offer Share (“Shares Offer”); and The Board of Directors of BRDB (“Board”) wishes to announce that AmInvestment Bank Berhad has been appointed as the Independent Adviser for the Offer to advise the non-interested Directors and the holders of the Offer Securities on the fairness and reasonableness of the Offer pursuant to Section 15(1) of the Malaysian Code on Take-Overs and Mergers 2010. The Board will inform the holders of the Offer Securities of the Independent Adviser’s recommendation on the Offer within ten (10) days from the date of despatch of the Offer Document or such later date as may be approved by the Securities Commission. This announcement is dated 3 September 2012. | |
BRDB - General Announcement
Announcement Type: General Announcement
| Company Name | BANDAR RAYA DEVELOPMENTS BERHAD |
| Stock Name | BRDB |
| Date Announced | 3 Sept 2012 |
| Category | General Announcement |
| Reference No | BR-120903-65455 |
| Type | Announcement |
| Subject | OTHERS |
| Description | BRDB WARANTS 2007/2012 (“BRDB WARRANTS”) - EXTENSION OF LAST DATE FOR TRANSFER |
Reference is made to: (i) BRDB’s Notice To Warrant Holders In Relation To Expiry And Last Date For The Exercise Of BRDB Warrants dated 23 August 2012; and (ii) BRDB’s announcement on 30 August 2012 in relation to the receipt of Notice of Conditional Take-Over Offer from Ambang Sehati Sdn Bhd. The Board of Directors of BRDB wishes to announce that Bursa Malaysia Depository Sdn Bhd has agreed to extend the last date for acceptance for request for transfer of BRDB Warrants to 4.00 p.m. on Wednesday, 26 September 2012. The Expiry Date for BRDB Warrants remains unchanged at 5.00 p.m. on Wednesday, 26 September 2012. This announcement is dated 3 September 2012. | |
TEBRAU - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Announcement Type: General Announcement
| Company Name | TEBRAU TEGUH BERHAD |
| Stock Name | TEBRAU |
| Date Announced | 3 Sept 2012 |
| Category | General Announcement |
| Reference No | CU-120903-35558 |
| Type | Announcement |
| Subject | WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR |
| Description | TEBRAU TEGUH BERHAD ("TTB" OR "THE COMPANY") - Winding-Up Petition served on Bayou Bay Development Sdn. Bhd., a Wholly-owned Subsidiary Company of the Company by En. Zulkifli Bin Mohamad Khair |
The Board of Directors of Tebrau Teguh Berhad (“TTB”) wish to announce that Bayou Bay Development Sdn. Bhd. (“BBDSB”) a wholly-owned subsidiary of TTB was served on 30 August 2012 with a winding up petition dated 17 August 2012 by Messrs. R. Muthu & Co. solicitors for Zulkifli Bin Mohamad Khair (“Petitioner”). The winding up petition was presented vide Johor Bahru High Court Winding Up No. 28-197-08/2012 on 17 August 2012 by Messrs. R. Muthu & Co., solicitors for the Petitioner and a copy was given to BBDSB at its business address of Jalan Persiaran Senibong, Taman Bayu Senibong, 81750 Johor Bahru, Johor on Thursday, 30 August 2012. The winding up petition is fixed for an appointment before the Deputy Registrar on 19 September 2012 and the hearing date of the winding up petition is fixed on 4 October 2012. Background Information BBDSB had on 14 May 2003 entered into a joint venture agreement (“JVA”) with AAM to enhance the potential of the development of the project land, identified as Plots 1, 2 and 3, to enable the parties to generate the maximum achievable profits from the sale of the project land (plots 1, 2 and 3 as identified under appendix 1 of the JVA). Pursuant to Section 5 of the JVA, the duties of AAM shall include: (a) advising BBDSB on all technical requirements for the conversion and development of the project land; (b) advising on the sale strategy and pricing including attending to all marketing functions; (c) liaising and coordinating with all consultants and authorities to ensure expedient approvals and disposal of the project land; and (d) perform other acts consistent with the duties of AAM which are from time to time necessary in connection with the JVA. Pursuant to Section 3 of the JVA, the payment for AAM’s services shall be based on profit sharing and that BBDSB and AAM will be entitled to equal share (50:50) of the profit of the joint venture. For the purpose of Section 3.1 of the JVA, profit shall be calculated on the basis of selling price less the development expenditure and the land cost. Pursuant to Section 3.2 of the JVA, AAM shall only be entitled to the profit sharing if an agreement for the sale of the project land between BBDSB and a prospective purchaser is concluded before 31 December 2004 or such extension of time as the parties shall agree in writing. The Statement of Claim dated 7 January 2010 alleges that AAM successfully concluded the following four (4) sale and purchase agreements which were entered into by BBDSB:- (a) On 18 August 2003, the sale and purchase agreement with Petronas Dagangan Berhad (“SPA 1”) for disposal of a lot for a petrol station measuring approximately 68,389 square feet; (b) On 18 August 2003, the sale and purchase agreement with Petronas Dagangan Berhad (“SPA 2”) for the disposal of a lot for a petrol station measuring approximately 56,628 square feet; (c) On 13 January 2004, the sale and purchase agreement with Projet Malaysia Sdn. Bhd. (“SPA 3”) in respect of the disposal of a lot for a petrol station measuring approximately 59,677 square feet; and (d) On 13 January 2004, the sale and purchase agreement with Projet Malaysia Sdn. Bhd. (“SPA 4”) in respect of the disposal of a lot for a petrol station measuring approximately 45,985 square feet; However, BBDSB is disputing the claims. As the terms of the SPA 1, 2, 3 and 4 were not concluded, i.e. there were terms and conditions pending compliance by the parties, SPA 1, 2, 3 and 4 had been terminated by Petronas Dagangan Berhad and Projet Malaysia Sdn Bhd respectively. Thereafter, BBDSB had refunded all the payment received under the SPA 1, 2, 3 and 4 from Petronas Dagangan Berhad and Projet Malaysia Sdn Bhd Thus, there is no profit generated therefrom and hence AAM is not entitled for the alleged share of profit. AAM had on 12 January 2010 filed a Writ of Summons in the Johor Bahru High Court and a Statement of Claim was dated on 7 January 2010 against BBDSB for breach of contract and claimed for a sum amounting to RM4,619,218.78 being the alleged profit owed by BBDSB to AAM under the JVA after deducting the advancement of RM575,078.20 which has been received by AAM. BBDSB have counter-claimed for the sum of RM575,078.20 being the sum of wrongful advancement to AAM. (a) AAM ‘s claims against BBDSB is allowed with cost; (b) BBDSB is not entitled to the counter claim. BBDSB had on 27 June 2012 lodged a Notice of Appeal to High Court and lodged Record of Appeal to the Court of Appeal on 15 August 2012. On 14 August 2012, BBDSB had filed an application for stay of the Judgment dated 30 May 2012 pending disposal of our appeal to the Court of Appeal. However, to date the hearing of our application has not been fixed yet. The Financial and Operational Impact to the Group BBDSB had deposited a sum of RM4,650,000.00 with its solicitor as stakeholder. The amount demanded has yet to be provided for in the Group accounts since the Company’s solicitor is of the opinion that the Company has a fair chance in its appeal at the Court of Appeal. However, should the appeal to the Court of Appeal is unsuccessful, BBDSB will make a provision for the amount in its account and this will impact the Group's financial results in the following quarter. Steps Taken and Proposed To Be Taken BBDSB is seeking the necessary legal advice from its solicitors on the matter and any further updates on the development of the matter will be announced to Bursa Malaysia Securities Berhad in due course. This announcement is dated on 3 September 2012. | |
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