October 5, 2012

Company announcements: IRIS, CBSA, JOBST, TMCLIFE, KGB, IJACOBS

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

Announcement Type: General Announcement
Company NameIRIS CORPORATION BERHAD (ACE Market) 
Stock Name IRIS  
Date Announced5 Oct 2012  
CategoryGeneral Announcement
Reference NoIC-121005-62776

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionIRIS CORPORATION BERHAD’S ACQUISITION OF 1,389,846 ORDINARY SHARES AT PAR VALUE OF RM1.00 EACH IN STAMFORD COLLEGE (PJ) SDN. BHD. (“SCPJ”) REPRESENTING 51% EQUITY INTEREST IN SCPJ AND 382,500 ORDINARY SHARES AT PAR VALUE OF RM1.00 EACH IN STAMFORD COLLEGE (MALACCA) SDN. BHD. (“SCM”) REPRSENTING 51% EQUITY INTEREST IN SCM ( “SALE SHARES” ) FOR A TOTAL CASH CONSIDERATION OF RM2,500,000.00 ONLY UNDER AN AGREEMENT DATED 4TH OCTOBER 2012.

IRIS CORPORATION BERHAD’S ACQUISITION OF 1,389,846 ORDINARY SHARES AT PAR VALUE OF RM1.00 EACHIN STAMFORD COLLEGE (PJ) SDN. BHD. (“SCPJ”) REPRESENTING 51% EQUITY INTEREST IN SCPJ AND 382,500 ORDINARY SHARES AT PAR VALUE OF RM1.00 EACHIN STAMFORD COLLEGE (MALACCA) SDN. BHD.(“SCM”) REPRSENTING 51% EQUITY INTEREST IN SCM ( “SALE SHARES” ) FOR A TOTAL CASH CONSIDERATION OF RM2,500,000.00 ONLY UNDER AN AGREEMENT DATED 4TH OCTOBER 2012.

1.������ INTRODUCTION

The Board of Directors of IRIS Corporation Berhad (“ICB”) is pleased to announce that it has on 4th October 2012 entered into an agreement with STAMFORD COLLEGE BERHAD for the sale and purchase of shares in its subsidiaries, STAMFORD COLLEGE (PJ) SDN. BHD (“SCPJ”) and STAMFORD COLLEGE (MALACCA) SDN BHD (“SCM”) for a total cash consideration of Ringgit Malaysia Two Million Five Hundred Thousand (RM2,500,000.00) only. (“Total Purchase Price”).

ICB has purchased 1,389,864 ordinary shares at par value of RM1.00 each in the issued and paid up capital of SCPJ and 382,500 ordinary shares at par value of RM1.00 each in the issued and paid up capital of SCM for a total purchase price of RM2,500,000.00 (Ringgit Malaysia Two Million Five Hundred Thousand) only.

2.������ INFORMATION ON STAMFORD COLLEGE BERHAD

STAMFORD COLLEGE BERHADis a public listed company incorporated under the laws of Malaysia and is in the primary business of providing academic, tertiary and professional course. It has to its merit 18 educational subsidiaries of which include SCPJ and SCM.

SCPJ has an authorized capital of Ringgit Malaysia Three Million (RM3,000,000.00) divided into 3,000,000 (Three Million) ordinary shares with an issued and paid up capital of Ringgit Malaysia Two MillionSeven Hundred Twenty Five Thousand One Hundred Eighty Eight(RM2,725,188.00) ordinary shares at a par value of RM1.00 eachat the date of this Agreement.

The Present Directors of SCPJ are:-

1.CHOO SIO HONG

2.LEONG KAM SOON

3.SUHAIMI BIN ISMAIL

SCM has an authorized capital of Ringgit Malaysia One Million (RM1,000,000.00) divided into One Million (1,000,000) ordinary shares with anissued and paid up capitalof Ringgit Malaysia Seven Hundred Fifty Thousand(RM750,000.00) ordinary shares at a par value of RM1.00 each as at thedate of this Agreement.

The Present Directors of SCM are:-

1, CHOO SIO HONG

2. LEONG KAM SOON

3.DATO’ ABD HALIM ABD SAMAD

3.������ SALIENT TERMS

The salient terms in the Agreement are as follows:-

(I)����� Delivery of Transfers and Share Certificates to the Sale Shares

��������� Simultaneously with the execution of the Agreement, Stamford College Berhad (“VENDOR) shall:-

3.1.1��� execute (as the transferor of the Sale Shares) and deliver the duly executed Transfer of the Sale Shares; and

3.1.2��� deliver the Share Documents to Ling &Mok (“Vendor Solicitors”) as stakeholders .

(II)����� Payment of Deposit

����������� Simultaneously with the execution of the Agreement and subject to the delivery by the VENDOR of the Share Documents to Vendor’s Solicitors under Clause 3.1.2 of the Agreement, ICB (PURCHASER) shall pay to the VENDOR, the Deposit of Ringgit Malaysia Two HundredFifty Thousand (RM250,000.00) equivalent to 10% of the total purchase price.

.(III)��� Completion Date������

����������� The completion of the sale and purchase hereunder of the Sale Shares shall take place at�the Vendor Solicitor's�office (or such other place as may be nominated by the PURCHASER and agreed upon by the VENDOR) on a date when the Sale Shares are transferred to the PURCHASER and the full settlement of the Total Purchase Price.

4.������ FINANCIAL EFFECTS OF THE ACQUISITION

��������� The acquisition of the Sale Shares will not have any material effect on ICB’s earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholdings for the financial year ending on 31st March 2013.�����

5.������ SOURCE OF FUNDS

��������� The acquisition of the Sale Shares will be financed through internally generated funds and there are no liabilitiesto be assumedby ICB arising from the subscription.

6.������ APPROVAL REQUIRED

��������� The acquisition of Sale Shares is not subject to the approval of the shareholders of ICB or any relevant government authorities.

7. ����� RATIONALE OF THE AGREEMENT

��������� The acquisition of the Sale Shares is to enable the ICB Group to expand into the lucrative educational sector and to venture into new business opportunities. The Board expects the acquisition of the Sale Shares under the Agreement to contribute positively to the financial results of the ICB Group in the long run.

8������� RISK FACTORS

��������� The acquisition of shares in SCPJ and SCM is subject to the normal commercial risk inherent in such business ventures which include obtaining licenses from the Ministry of Education (“MOE”), complying with MOE guidelines, rules and bylaws, student population, professional human resources, accreditation of foreign universities and other related issues.Nevertheless, the Directors will continue to exercise due care in considering the risks and benefits associated with this venture and will take appropriate measures in planning its successful implementation.

9.������ DIRECTORS AND MAJOR SHARE HOLDERS INTERESTS

��������� None of the directors, major shareholders, persons connected with the directors or major shareholders of ICB or any of its subsidiarieshave any interest, direct or indirect, in the acquisition of the Sale Shares.

10.���� COMPLIANCE WITH THE SECURITIES COMMISSION’S POLICIES AND GUIDELINES ON ISSUE/OFFER OF SECURITIES

��������� The acquisition has not departed from the Securities Commission’s Policies and Guidelines on Issue/Offer of Securities.

11.���� DOCUMENT FOR INSPECTION

��������� The Agreement shall be available for inspection at the registered office of ICB during office hours at Level 18, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur for q period of three (3) months from the date of this announcement.

This announcement is dated 5th October 2012.



CBSA - General Announcement

Announcement Type: General Announcement
Company NameCBSA BERHAD  
Stock Name CBSA  
Date Announced5 Oct 2012  
CategoryGeneral Announcement
Reference NoCA-121002-61884

TypeAnnouncement
SubjectOTHERS
DescriptionGOOGLE SELECTS CBSA ONLINE SDN. BHD. AS GOOGLE ADWORDS PREMIER SME PARTNER IN MALAYSIA

CBSA Berhad (“CBSA” or the “Company”) is pleased to announce that its wholly owned subsidiary, CBSA Online Sdn Bhd (“CBSA Online”), had entered into a Google AdWords Premier SME Partner Agreement (“Agreement”)with Google Ireland Limited (“Google”).

As a Google AdWords Premier SME Partner, CBSA Online will resell the advertising products made generally and commercially available to advertisers by Google through the advertising program under the name “AdWords” (“AdWords Program”) in Malaysia. The term of the Agreement is two years effective from 1 October 2012.

The Agreement is expected to contribute positively to the consolidated earnings of CBSA for the financial year ending 31 December 2012. The Agreement will not have any effect on the gearing, paid-up share capital and substantial shareholders’ shareholding of the Company.

CBSA Online does not foresee any risks associated with the Agreement outside of those associated with the normal course of business.

None of the Directors, substantial shareholders of CBSA or persons connected with them have any interests, direct or indirect, in the aforesaid Agreement.

This announcement is dated 5 October 2012.



CBSA - General Announcement

Announcement Type: General Announcement
Company NameCBSA BERHAD  
Stock Name CBSA  
Date Announced5 Oct 2012  
CategoryGeneral Announcement
Reference NoCA-121005-56614

TypeAnnouncement
SubjectOTHERS
DescriptionPress release: GOOGLE SELECTS CBSA ONLINE SDN. BHD. AS GOOGLE ADWORDS PREMIER SME PARTNER IN MALAYSIA

CBSA Berhad�is pleased to attach herewith its press release in respect of the above, for the information of Bursa Securities Malaysia Berhad.



JOBST - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameJOBSTREET CORPORATION BERHAD  
Stock Name JOBST  
Date Announced5 Oct 2012  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-121005-4E522

Date of buy back05/10/2012
Description of shares purchasedOrdinary Shares of RM0.20 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)99,700
Minimum price paid for each share purchased ($$)2.360
Maximum price paid for each share purchased ($$)2.360
Total consideration paid ($$)236,268.47
Number of shares purchased retained in treasury (units)99,700
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)618,800
Adjusted issued capital after cancellation
(no. of shares) (units)
 
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.193


TMCLIFE - Changes in Sub. S-hldr's Int. (29B) - Juara Sejati Sdn. Bhd.

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTMC LIFE SCIENCES BERHAD  
Stock Name TMCLIFE  
Date Announced5 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-121005-27144

Particulars of substantial Securities Holder

NameJuara Sejati Sdn. Bhd.
AddressLot 13-01A, Level 13 (East Wing)
Berjaya Times Square
No. 1 Jalan Imbi
55100 Kuala Lumpur
NRIC/Passport No/Company No.185618-M
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderInter-Pacific Equity Nominees (Tempatan) Sdn. Bhd.
West Wing, Level 13
Berjaya Times Square
No. 1, Jalan Imbi
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired28/09/2012
1,183,300
 

Circumstances by reason of which change has occurredAcquired via open market
Nature of interestDeemed interested by virtue of Juara Sejati Sdn. Bhd.'s interest in Berjaya Capital Berhad, the holding company of Inter-Pacific Capital Sdn. Bhd.
Direct (units)80,733,933 
Direct (%)10.06 
Indirect/deemed interest (units)160,058,449 
Indirect/deemed interest (%)19.95 
Total no of securities after change240,792,382
Date of notice02/10/2012

Remarks :
The shares were acquired between 28 September 2012 to 2 October 2012.


TMCLIFE - Changes in Sub. S-hldr's Int. (29B) - Berjaya Group Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTMC LIFE SCIENCES BERHAD  
Stock Name TMCLIFE  
Date Announced5 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-121005-27156

Particulars of substantial Securities Holder

NameBerjaya Group Berhad
AddressLot 13-01A, Level 13 (East Wing)
Berjaya Times Square
No. 1 Jalan Imbi
55100 Kuala Lumpur
NRIC/Passport No/Company No.7308-X
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderInter-Pacific Equity Nominees (Tempatan) Sdn. Bhd.
West Wing, Level 13
Berjaya Times Square
No. 1, Jalan Imbi
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired28/09/2012
1,183,300
 

Circumstances by reason of which change has occurredAcquired via open market
Nature of interestDeemed interested by virtue of Berjaya Group Berhad's deemed interest in Berjaya Capital Berhad, the holding company of Inter-Pacific Capital Sdn. Bhd.
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)245,859,382 
Indirect/deemed interest (%)30.64 
Total no of securities after change245,859,382
Date of notice02/10/2012

Remarks :
The shares were acquired between 28 September 2012 to 2 October 2012.


TMCLIFE - Changes in Sub. S-hldr's Int. (29B) - Berjaya Corporation Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTMC LIFE SCIENCES BERHAD  
Stock Name TMCLIFE  
Date Announced5 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-121005-27158

Particulars of substantial Securities Holder

NameBerjaya Corporation Berhad
AddressLot 13-01A, Level 13 (East Wing)
Berjaya Times Square
No. 1 Jalan Imbi
55100 Kuala Lumpur
NRIC/Passport No/Company No.554790-X
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderInter-Pacific Equity Nominees (Tempatan) Sdn. Bhd.
West Wing, Level 13
Berjaya Times Square
No. 1, Jalan Imbi
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired28/09/2012
1,183,300
 

Circumstances by reason of which change has occurredAcquired via open market
Nature of interestDeemed interested by virtue of Berjaya Corporation Berhad's 100% equity interest in Berjaya Group Berhad, the intermediate holding company of Inter-Pacific Capital Sdn. Bhd.
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)245,859,382 
Indirect/deemed interest (%)30.64 
Total no of securities after change245,859,382
Date of notice02/10/2012

Remarks :
The shares were acquired between 28 September 2012 to 2 October 2012.


TMCLIFE - Changes in Sub. S-hldr's Int. (29B) - Tan Sri Dato' Seri Vincent Tan Chee Yioun

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTMC LIFE SCIENCES BERHAD  
Stock Name TMCLIFE  
Date Announced5 Oct 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-121005-2715A

Particulars of substantial Securities Holder

NameTan Sri Dato' Seri Vincent Tan Chee Yioun
AddressLot 12 (East Wing)
Berjaya Times Square
No. 1 Jalan Imbi
55100 Kuala Lumpur
NRIC/Passport No/Company No.520223-01-5779
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderInter-Pacific Equity Nominees (Tempatan) Sdn. Bhd.
West Wing, Level 13
Berjaya Times Square
No. 1, Jalan Imbi
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired28/09/2012
1,183,300
 

Circumstances by reason of which change has occurredAcquired via open market
Nature of interestDeemed interested by virtue of Tan Sri Dato' Seri Vincent Tan's interest in Berjaya Corporation Berhad, the ultimate holding company of Inter-Pacific Capital Sdn. Bhd.
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)245,859,382 
Indirect/deemed interest (%)30.64 
Total no of securities after change245,859,382
Date of notice02/10/2012

Remarks :
The shares were acquired between 28 September 2012 to 2 October 2012.


KGB - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameKELINGTON GROUP BERHAD  
Stock Name KGB  
Date Announced5 Oct 2012  
CategoryGeneral Announcement
Reference NoCA-121005-62906

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionDEALINGS IN THE COMPANY’S SECURITIES OUTSIDE CLOSED PERIOD PURSUANT TO PARAGRAPH 14.09 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”)

We wish to announce that the Company has received notifications from the following Directors of the Company on their dealings in the securities of the Company outside closed period as defined in the Main Market Listing Requirements of Bursa Securities as shown in the table below:-

Name of Directors

Date of Dealings

No. of Ordinary Shares of RM0.10 each (“OS”) Acquired

% of Issued Share Capital

Price Transacted (RM per OS)

1) Mr Gan Hung Keng

03.10.2012

100,300*

0.063%

RM0.506

04.10.2012

100,000*

0.063%

RM 0.51

2) Mr Ong Weng Leong

03.10.2012

100,300*

0.063%

RM0.506

04.10.2012

100,000*

0.063%

RM 0.51

*�� Indirect Interest- Deemed interested under Section 6A of the Companies Act, 1965 by virtue of their direct interest in Palace Star Sdn. Bhd.

This announcement is dated 5 October 2012.



IJACOBS - General Announcement

Announcement Type: General Announcement
Company NameIDEAL JACOBS (MALAYSIA) CORPORATION BHD (ACE Market) 
Stock Name IJACOBS  
Date Announced5 Oct 2012  
CategoryGeneral Announcement
Reference NoCC-121005-38895

Admission SponsorMIDF Amanah Investment Bank Bhd
SponsorSame as above
TypeAnnouncement
SubjectOTHERS
DescriptionIdeal Jacobs (Malaysia) Corporation Bhd (“Ideal Jacobs” or “the Company”)
- Incorporation of a 51% subsidiary, Ideal Laminar Pte. Ltd. in Singapore

1.�����INTRODUCTION

������The Board of Ideal Jacobs is pleased to announce the incorporation of Ideal Laminar Pte. Ltd (“ILPL”) (“the Incorporation”), a 51% subsidiary of Ideal Jacobs on 4 October 2012. The remaining 40% and 9% were subscribed by Laminar Labs Pte Ltd and Ong Chow Look respectively.

2.���DETAILS�

����� ILPL was incorporated as a limited liability company on 4 October 2012 in Singapore. The registered and paid-in capital of ILPL is SGD 100.00. The capital was satisfied viainternally generated funds. The paid up capital will be increased progressively to SGD 250,000.00. The Company’s estimated total investment cost will be SGD127,500 (51% X SGD250,000). It is expected to be funded internally.

Mr Meng Bin, Chief Executive Officer/Managing�Director of Ideal Jacobs, Du Xi Xi, Executive Director of Ideal Jacobs and Mr. Chen Shien Yee, Chief Financial Officer of Ideal Jacobs will be appointed as the Directors of ILPL representing the Company.

3.���RATIONALE�

������ILPL is set up and intended to be a marketing and trading company.

4.���FINANCIAL EFFECTS OF THE INCORPORATION����������

������The Incorporation will not have any effect on the share capital and substantial shareholders' shareholding of Ideal Jacobs and is also not expected to have any material effect on earnings per share, gearing, net assets per share of Ideal Jacobs for the financial year ending 31 December 2012.�

5.���DIRECTORS' AND MAJOR SHAREHOLDERS' INTEREST�

������None of the directors and/or major shareholders of Ideal Jacobs as well as persons connected with them have any interest, direct and/or indirect in the Incorporation.

6.���ANY APPROVAL REQUIRED

������The incorporation has been approved�by the Accounting and Corporate Regulatory Authority in Singapore by way of business registration.�

7.���STATEMENT BY THE BOARD OF DIRECTORS

������The Board of Directors is of the opinion that the Incorporation is in the best interest of the Company.

This announcement is dated 5 October 2012.������



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