January 21, 2013

Company announcements: SERSOL, TAGB, AXIATA, MAHSING

SERSOL - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameSERSOL TECHNOLOGIES BERHAD (ACE Market) 
Stock Name SERSOL  
Date Announced21 Jan 2013  
CategoryPDF Submission
Reference NoOS-130121-42275

SubjectCIRCULAR TO SHAREHOLDERS IN RELATION TO THE

(I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 96,351,000 NEW ORDINARY SHARES OF RM0.10 EACH IN SERSOL (“SERSOL SHARES”) (“RIGHTS SHARES”), TOGETHER WITH UP TO 96,351,000 FREE DETACHABLE NEW WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE TOGETHER WITH ONE (1) WARRANT FOR EVERY ONE (1) EXISTING SERSOL SHARE HELD AT AN ENTITLEMENT DATE TO BE DETERMINED LATER;

(II) PROPOSED ESTABLISHMENT OF A SHARE ISSUANCE SCHEME OF UP TO THIRTY PERCENT (30%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SERSOL (EXCLUDING TREASURY SHARES) AT ANY POINT IN TIME FOR THE ELIGIBLE DIRECTORS AND EMPLOYEES OF SERSOL AND ITS SUBSIDIARIES;

(III) PROPOSED CHANGE OF COMPANY’S NAME FROM SERSOL TECHNOLOGIES BERHAD TO SERSOL BERHAD;

(IV) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF SERSOL FROM RM25,000,000 COMPRISING 250,000,000 SERSOL SHARES TO RM50,000,000 COMPRISING 500,000,000 SERSOL SHARES; AND

(V) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF SERSOL

Attachments

Sersol - Circular.pdf
1399 KB






TAGB - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameTA GLOBAL BERHAD  
Stock Name TAGB  
Date Announced21 Jan 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoTG-130118-58212

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of Irredeemable Convertible Preference Shares ("ICPS") into ordinary shares
No. of shares issued under this corporate proposal134,000
Issue price per share ($$)MYR 0.500
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units4,772,549,352
CurrencyMYR 2,386,274,676.000
Listing Date22/01/2013

Remarks :
Conversion shall be satisfied by way of the Mode of Conversion as set out in TA Global Berhad's Prospectus dated 30 October 2009. No cash outlay is required by the holders of ICPS upon conversion of the ICPS into TA Global Berhad's ordinary shares.


AXIATA - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced21 Jan 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoAG-130118-93070

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalPerformance-Based Employee Share Option Scheme
No. of shares issued under this corporate proposal12,500
Issue price per share ($$)MYR 0.000
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units8,508,688,505
CurrencyMYR 8,508,688,505.000
Listing Date22/01/2013

Remarks :
[Issue price per share ($$)*: 12,500 shares at RM1.81]


MAHSING - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameMAH SING GROUP BERHAD  
Stock Name MAHSING  
Date Announced21 Jan 2013  
CategoryPDF Submission
Reference NoMM-130121-42211

SubjectCIRCULAR TO SHAREHOLDERS IN RELATION TO

PART A

I. THE PROPOSED RENOUNCEABLE RIGHTS ISSUE OF NEW ORDINARY SHARES OF RM0.50 EACH IN MAH SING GROUP BERHAD (“MAH SING”) (“MAH SING SHARES”) TOGETHER WITH FREE DETACHABLE WARRANTS TO RAISE GROSS PROCEEDS OF UP TO RM400.0 MILLION (“PROPOSED RIGHTS ISSUE WITH WARRANTS”);

II. THE PROPOSED BONUS ISSUE OF NEW MAH SING SHARES (“BONUS SHARES”) TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF 1 BONUS SHARE FOR EVERY 5 MAH SING SHARES HELD AFTER THE PROPOSED RIGHTS ISSUE WITH WARRANTS; AND

III. THE PROPOSED EXEMPTION FOR MAYANG TERATAI SDN BHD (“MAYANG TERATAI”) AND PERSONS ACTING IN CONCERT WITH IT FROM THE OBLIGATION TO CARRY OUT A MANDATORY OFFER ON THE REMAINING VOTING SHARES IN MAH SING NOT HELD BY MAYANG TERATAI AND PERSONS ACTING IN CONCERT WITH IT AFTER THE PROPOSED RIGHTS ISSUE WITH WARRANTS (“PROPOSED EXEMPTION”)

PART B

INDEPENDENT ADVICE LETTER BY AMINVESTMENT BANK BERHAD IN RELATION TO THE PROPOSED EXEMPTION


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