SCOPE - MULTIPLE PROPOSALS
| Company Name | SCOPE INDUSTRIES BERHAD (ACE Market) |
| Stock Name | SCOPE |
| Date Announced | 23 Jan 2013 |
| Category | General Announcement |
| Reference No | MB-130123-47441 |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | SCOPE INDUSTRIES BERHAD (“SCOPE” OR “COMPANY”) (A) PROPOSED MERGER OF THE BUSINESSES OF SCOPE AND MATANG HOLDINGS BERHAD (“MATANG”) THROUGH THE TRANSFER OF THE ENTIRE BUSINESS AND UNDERTAKINGS, INCLUDING ALL ASSETS AND LIABILITIES, OF MATANG TO SCOPE FOR A TOTAL CONSIDERATION OF RM145,000,000 (“PROPOSED MERGER”); (B) PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN BENUA MUTIARA SDN BHD (“BENUA”) FOR A PURCHASE CONSIDERATION OF RM31,720,000; (C) PROPOSED EXEMPTION UNDER PARAGRAPH 16, PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010 TO MATANG AND PARTIES ACTING IN CONCERT WITH MATANG FROM THE OBLIGATION TO EXTEND A TAKE-OVER OFFER FOR ALL THE REMAINING ORDINARY SHARES OF RM0.10 EACH IN SCOPE (“SCOPE SHARES” OR “SHARES”) NOT ALREADY HELD BY THEM PURSUANT TO THE PROPOSED MERGER; (D)PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL FROM RM100,000,000 COMPRISING 1,000,000,000 SCOPE SHARES TO RM200,000,000 COMPRISING 2,000,000,000 SCOPE SHARES; AND (E) PROPOSED CHANGE OF NAME OF THE COMPANY TO MATANG SCOPE BERHAD WHICH INCLUDE THE PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF THE COMPANY TO REFLECT THE CHANGE OF NAME (“PROPOSED CHANGE OF NAME”) (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
This announcement is dated 23 January 2013. We refer to the announcement dated 19 November 2012 (“Initial Announcement”) and 22 November 2012 in relation to the Proposals. Unless otherwise stated, the definitions used throughout this announcement shall have the same meaning as defined in the Initial Announcement. On behalf of the Board of Directors of Scope (“Board”), AmInvestment Bank Berhad wishes to announce the following:- (a) Inter-Pacific Securities Sdn Bhd had been appointed on 23 January 2013 as the Independent Adviser to advise the non-interested shareholders of Scope in relation to the Proposed Exemption; and (b) in accordance to the terms of the BMA, the Board proposes that the name of the Company be changed to Matang Scope Berhad.
The Proposed Change of Name is subject to shareholders’ approval and will be made effective on the Completion Date of the Proposed Merger. The Proposed Change of Name is conditional upon the Proposed Merger. | |
MTRONIC - MATERIAL LITIGATION
| Company Name | METRONIC GLOBAL BERHAD |
| Stock Name | MTRONIC |
| Date Announced | 23 Jan 2013 |
| Category | General Announcement |
| Reference No | MG-130123-63934 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | METRONIC GLOBAL BERHAD (“MGB” or “COMPANY”) MATERIAL LITIGATION STATUS UPDATE ON SUIT SHAH ALAM HIGH COURT MT6-22-1551-2006 BETWEEN CWORKS SYSTEM BERHAD (“Cworks”) AND METRONIC GLOBAL BERHAD |
Reference is made to the Company’s announcement on 11 May 2012 whereby the Company on 10 May 2012 had filed leave application to Federal Court to appeal against decision of the Court of Appeal dismissing the Company’s appeal against the decision of the High Court of Shah Alam. The Federal Court later on 6 August 2012 has granted the Company’s leave to appeal against the decision of Court of Appeal. The Notice of Appeal was subsequently filed by the Company. The Board of Directors of MGB hereby wishes to announce that the Federal Court has fixed for 11 April 2013 for a full hearing of MGB’s appeal. This announcement is dated 23 January 2013.
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SOLUTN - OTHERS (Amended Announcement)
| Company Name | SOLUTION ENGINEERING HOLDINGS BERHAD (ACE Market) |
| Stock Name | SOLUTN |
| Date Announced | 23 Jan 2013 |
| Category | General Announcement |
| Reference No | SE-130123-64159 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Solar Solution Sdn. Bhd. (Company No: 975595-P) became a 100% wholly owned subsidiary |
Solution Engineering Holdings Berhad (Company No: 654575-P) Solar Solution Sdn. Bhd. (Company No: 975595-P) became a 100% wholly owned subsidiary The Board of Directors of Solution Engineering Holdings Berhad ("SEHB") wish to announce that Solar Solution Sdn. Bhd. (“Solar”) had on 15th January, 2013 became a 100% wholly owned subsidiary of SEHB. Solar was incorporated on 18 January 2012 with an authorised share capital of RM100,000 comprising 100,000 ordinary shares of RM1.00 each and an issued and paid up capital of RM2. Solar had increased its paid up capital from RM2 to RM100,000 on 15th January, 2013. Solar was incorporated principally to carry on and promote all types and kinds of businesses relating to green and renewal energy and the likes. SEHB had invested RM100,000 of its internally generated fund for its 100% stake in Solar. The percentage ratio for the transaction is 0.37%. The acquisition of Solar is not expected to have a material effect on the net assets, earnings, share capital, dividend and gearing of SEHB for the financial year ending 31 December 2013. Mr Lim Yong Hew and Ms Lim Chiou Kim are the directors of Solar. Mr Lim Yong Hew and Ms Lim Chiou Kim are also the directors of SEHB while Mr Lim Yong Hew is also a substantial shareholder of SEHB. None of the other Directors, substantial shareholders of SEHB and persons connected with them, has any direct or indirect interest in Solar. The Directors having considered various aspects pertaining to the acquisition are of the opinion that the acquisition of Solar is in the best interest of the company.
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MYEG - Notice of Shares Buy Back - Immediate Announcement
| Company Name | MY E.G. SERVICES BERHAD |
| Stock Name | MYEG |
| Date Announced | 23 Jan 2013 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CC-130123-28A91 |
FOCUSP - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | FOCUS POINT HOLDINGS BERHAD (ACE Market) |
| Stock Name | FOCUSP |
| Date Announced | 23 Jan 2013 |
| Category | General Announcement |
| Reference No | CK-130121-49010 |
| Admission Sponsor | OSK Investment Bank Bhd |
| Sponsor | Same as above |
| Type | Announcement | |||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | |||||||||||||||
| Description | Dealings by Directors during outside closed period pursuant to Rule 14.09(a) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad. | |||||||||||||||
The following Directors of Focus Point Holdings Berhad ("the Company") have given notice of their dealing in the securities of the Company during outside closed period as follows:-
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FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | FTSE BURSA MALAYSIA KLCI ETF |
| Stock Name | FBMKLCI-EA |
| Date Announced | 23 Jan 2013 |
| Category | General Announcement |
| Reference No | FB-130123-847AB |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | FTSE Bursa Malaysia KLCI etf - Valuation Point as at 23 January 2013 |
Fund: FTSE Bursa Malaysia KLCI etf | |
MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 |
| Stock Name | MYETFDJ |
| Date Announced | 23 Jan 2013 |
| Category | General Announcement |
| Reference No | MD-130123-63783 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 23-01-2013 Fund:MYETFDJ NAV per unit (RM):1.0857 Units in Circulation (units):259,500,000 Manager's Fee (%p.a):0.40 Trustee's Fee (%p.a):0.05 License Fee (%p.a):0.04 DJIM25 Index:955.90 |
SUMATEC - PRACTICE NOTE 17 / GUIDANCE NOTE 3:REGULARISATION PLAN
| Company Name | SUMATEC RESOURCES BERHAD |
| Stock Name | SUMATEC |
| Date Announced | 23 Jan 2013 |
| Category | General Announcement |
| Reference No | OS-130123-4CBD5 |
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN |
| Description | SUMATEC RESOURCES BERHAD (“SUMATEC” OR “COMPANY”) - THE ENTERING INTO A FRAMEWORK AGREEMENT FOR THE PROPOSED AWARD OF THE JOINT INVESTMENT AGREEMENT FOR RAKUSHECHNOYE OIL AND GAS FIELD (“ALSO KNOWN AS SHELLY OIL FIELD”) IN KAZAKHSTAN TO FORM AN INTEGRAL PART OF THE PROPOSED REGULARISATION EXERCISE OF THE COMPANY |
(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the announcements dated 29 November 2011 and 27 April 2012 in relation to the above matter) Reference is made to the announcements dated 29 November 2011, 29 December 2011, 16 January 2012, 8 March 2012, 27 April 2012, 23 November 2012, 6 December 2012, 20 December 2012 and 17 January 2013 in relation to the Framework Agreement and Proposed Regularisation Plan. Further to the announcement dated 17 January 2013, M&A Securities Sdn Bhd on behalf of the Board of Sumatec wishes to announce that Sumatec, MELL and COG had on 23 January 2013, entered into a fifth addendum to the JIA (“Addendum V”) to provide clarity to certain provisions of the JIA relating to the areas:- (a) the classification of the share of profits from the Petroleum Operations as a fees payable to Sumatec. (b) the requirement for the subsequent execution of an operating agreement to govern the daily operational matters for the Production Operations. (c) to provide clarity that the royalties payable by Sumatec to COG shall be in the form of a fee. Save for the above, the other terms and conditions of the JIA remain unchanged. The Addendum V will be made available for inspection at the Company’s registered office at Level 15-2, Bangunan Faber Imperial Court, Jalan Sultan Ismail, 50250 Kuala Lumpur during normal office hours from Monday to Friday (except public holidays) for a period of 3 months from the date of this announcement. This announcement is dated 23 January 2013.
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MBFHLDG - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | MBF HOLDINGS BERHAD |
| Stock Name | MBFHLDG |
| Date Announced | 23 Jan 2013 |
| Category | General Announcement |
| Reference No | MH-130122-60607 |
| Type | Announcement | ||||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||||||||||
| Description | MBf HOLDINGS BERHAD ("MBfH") - NOTIFICATION UNDER CHAPTER 14 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ON DEALINGS IN SECURITIES | ||||||||||||||||||||
Pursuant to Chapter 14, Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Tan Sri Datuk Dr Ninian Mogan Lourdenadin, the Group Chief Executive Officer/Director and substantial shareholder of MBfH, has given notice of his dealings in the securities of MBfH outside the closed period, details of which are as set out in the table below:-
The above securities were transacted through Nadin Holdings Sdn Bhd, a company where Tan Sri Datuk Dr Ninian Mogan Lourdenadin is deemed to have an interest. | |||||||||||||||||||||
MBFHLDG - Changes in Director's Interest (S135) - Tan Sri Datuk Dr Ninian Mogan Lourdenadin
| Company Name | MBF HOLDINGS BERHAD |
| Stock Name | MBFHLDG |
| Date Announced | 23 Jan 2013 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | MH-130122-61452 |
Information Compiled By KLSE
Particulars of Director
| Name | Tan Sri Datuk Dr Ninian Mogan Lourdenadin |
| Address | No. 244, Jalan Ipoh, 51200 Kuala Lumpur |
| Descriptions(Class & nominal value) | Warrants of RM1.00 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 1,156,300 | ||
Acquired | 1,156,300 |
| Circumstances by reason of which change has occurred | Disposal and Acquisition of warrants in the open market |
| Nature of interest | Indirect interest |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | |
| Direct (%) | |
| Indirect/deemed interest (units) | 219,885,735 |
| Indirect/deemed interest (%) | 82.96 |
| Date of notice | 21/01/2013 |
| Remarks : |
| Deemed interested by virtue of his interest in Nadin Holdings Sdn Bhd |
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