IRIS - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Company Name | IRIS CORPORATION BERHAD (ACE Market) |
Stock Name | IRIS |
Date Announced | 5 Oct 2012 |
Category | General Announcement |
Reference No | IC-121005-62776 |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | IRIS 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 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. 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 BERHAD� is 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 Million� Seven Hundred Twenty Five Thousand One Hundred Eighty Eight� (RM2,725,188.00) ordinary shares at a par value of RM1.00 each� at 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 an� issued and paid up capital� of Ringgit Malaysia Seven Hundred Fifty Thousand� (RM750,000.00) ordinary shares at a par value of RM1.00 each as at the� date 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 Hundred� Fifty 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 liabilities� to be assumed� by 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 subsidiaries� have 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
Company Name | CBSA BERHAD |
Stock Name | CBSA |
Date Announced | 5 Oct 2012 |
Category | General Announcement |
Reference No | CA-121002-61884 |
Type | Announcement |
Subject | OTHERS |
Description | GOOGLE 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
Company Name | CBSA BERHAD |
Stock Name | CBSA |
Date Announced | 5 Oct 2012 |
Category | General Announcement |
Reference No | CA-121005-56614 |
Type | Announcement |
Subject | OTHERS |
Description | Press 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
Company Name | JOBSTREET CORPORATION BERHAD |
Stock Name | JOBST |
Date Announced | 5 Oct 2012 |
Category | Notice of Shares Buy Back - Immediate Announcement |
Reference No | CC-121005-4E522 |
TMCLIFE - Changes in Sub. S-hldr's Int. (29B) - Juara Sejati Sdn. Bhd.
Company Name | TMC LIFE SCIENCES BERHAD |
Stock Name | TMCLIFE |
Date Announced | 5 Oct 2012 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CA-121005-27144 |
Particulars of substantial Securities Holder
Name | Juara Sejati Sdn. Bhd. |
Address | Lot 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 incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
Name & address of registered holder | Inter-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 transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 28/09/2012 | 1,183,300 |
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
Company Name | TMC LIFE SCIENCES BERHAD |
Stock Name | TMCLIFE |
Date Announced | 5 Oct 2012 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CA-121005-27156 |
Particulars of substantial Securities Holder
Name | Berjaya Group Berhad |
Address | Lot 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 incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
Name & address of registered holder | Inter-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 transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 28/09/2012 | 1,183,300 |
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
Company Name | TMC LIFE SCIENCES BERHAD |
Stock Name | TMCLIFE |
Date Announced | 5 Oct 2012 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CA-121005-27158 |
Particulars of substantial Securities Holder
Name | Berjaya Corporation Berhad |
Address | Lot 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 incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
Name & address of registered holder | Inter-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 transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 28/09/2012 | 1,183,300 |
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
Company Name | TMC LIFE SCIENCES BERHAD |
Stock Name | TMCLIFE |
Date Announced | 5 Oct 2012 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CA-121005-2715A |
Particulars of substantial Securities Holder
Name | Tan Sri Dato' Seri Vincent Tan Chee Yioun |
Address | Lot 12 (East Wing) Berjaya Times Square No. 1 Jalan Imbi 55100 Kuala Lumpur |
NRIC/Passport No/Company No. | 520223-01-5779 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
Name & address of registered holder | Inter-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 transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 28/09/2012 | 1,183,300 |
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
Company Name | KELINGTON GROUP BERHAD |
Stock Name | KGB |
Date Announced | 5 Oct 2012 |
Category | General Announcement |
Reference No | CA-121005-62906 |
Type | Announcement | |||||||||||||||||||||||
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | |||||||||||||||||||||||
Description | DEALINGS 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:- �
*�� 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
Company Name | IDEAL JACOBS (MALAYSIA) CORPORATION BHD (ACE Market) |
Stock Name | IJACOBS |
Date Announced | 5 Oct 2012 |
Category | General Announcement |
Reference No | CC-121005-38895 |
Admission Sponsor | MIDF Amanah Investment Bank Bhd |
Sponsor | Same as above |
Type | Announcement |
Subject | OTHERS |
Description | Ideal Jacobs (Malaysia) Corporation Bhd (“Ideal Jacobs” or “the Company”) - Incorporation of a 51% subsidiary, Ideal Laminar Pte. Ltd. in Singapore |
������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 2.���DETAILS� ����� ILPL was incorporated as a limited liability company on Mr Meng Bin, Chief Executive Officer/Managing�Director of Ideal Jacobs, Du Xi Xi, Executive Director of Ideal Jacobs and Mr. 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 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 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 |
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