IRIS - OTHERS ACQUISITION OF NEW SUBSIDIARY COMPANY BY IRIS CORPORATION BERHAD
| Company Name | IRIS CORPORATION BERHAD (ACE Market) |
| Stock Name | IRIS |
| Date Announced | 15 Mar 2013 |
| Category | General Announcement |
| Reference No | IC-130315-63988 |
| Type | Announcement |
| Subject | OTHERS |
| Description | ACQUISITION OF NEW SUBSIDIARY COMPANY BY IRIS CORPORATION BERHAD |
SUBJECT: ACQUISITION OF A NEW SUBSIDIARY COMPANY 1.0 INTRODUCTION The Board of Directors of IRIS Corporation Berhad (“ICB” or “the Company”) wishes to inform that ICB had on 14 March 2013 acquired 2 ordinary shares of RM1.00 each representing 100% of IRIS CAFE KASEH SDN BHD (formerly known as Aspirasi Hartajaya Sdn Bhd) (Company No. 1005418-M) (“IRIS CAFE KASEH”) for a total cash consideration of RM2.00 (“the Acquisition”). 2.0 INFORMATION ON IRIS CAFE KASEH IRIS CAFE KASEH was incorporated on 8 June 2012 in Malaysia and has an authorised share capital of RM100,000 comprising of 100,000 ordinary shares of RM1.00 each of which 2 ordinary shares of RM1.00 each have been issued and fully paid-up. IRIS CAFE KASEH is currently dormant and its proposed business activity is to carry out business as to operate and manage caf s, caf outlets and restaurants. 3.0 EFFECTS OF THE ACQUISITION The Acquisition does not have any effect on the issued and paid up share capital and major shareholdings structure of ICB and do not have a material effect on the net assets and earnings of the ICB. 4.0 DIRECTORS AND MAJOR SHAREHOLDERS’INTEREST None of the directors, major shareholders, and persons connected with the directors or major shareholders of the Company or any of its subsidiaries have any interest, direct or indirect, in the Acquisition. 5.0 APPROVAL REQUIRED The Acquisition is not subject to the approval of the shareholders of ICB. 6.0 DIRECTORS’ STATEMENT Having considered all aspects of the Acquisition, the Board of Directors of ICB is of the opinion that the Acquisition is in the best interest of ICB. This announcement is dated 15 March 2013.
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SERSOL - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
| Company Name | SERSOL BERHAD (ACE Market) |
| Stock Name | SERSOL |
| Date Announced | 15 Mar 2013 |
| Category | General Announcement |
| Reference No | OS-130314-67920 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | SERSOL BERHAD (FORMERLY KNOWN AS SERSOL TECHNOLOGIES BERHAD) (“SERSOL” OR THE “COMPANY”) 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 |
We refer to the announcements made on 9 November 2012, 12 November 2012, 27 November 2012, 18 January 2013, 21 January 2013, 7 February 2013 and 25 February 2013 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, TA Securities wishes to announce that SerSol had on today executed a deed poll constituting the Warrants and resolved to fix the following prices pursuant to the Rights Issue of Shares with Warrants:
(i) The issue price of Rights Shares at RM0.10 each; and
(ii) The exercise price of Warrants at RM0.18 each.
The issue price for the Rights Shares has been fixed at RM0.10 each after taking into consideration the following:
(a) The historical price movement of SerSol Shares;
(b) Five (5)-day VWAP of SerSol Shares of RM0.26 up to 14 March 2013; and
(c) The par value of SerSol Shares of RM0.10 each.
The issue price represents a discount of approximately 44.44% to the theoretical ex-right price of SerSol Shares of RM0.18, based on the five (5)-day VWAP per SerSol Share up to and including 14 March 2013.
The exercise price for the Warrants at RM0.18 each is determined after taking into consideration the following:
(i) Five (5)-day VWAP of SerSol Shares of RM0.26 up to 14 March 2013;
(ii) The theoretical ex-right price of SerSol Shares of RM0.18 based on the five (5)-day VWAP of SerSol Shares up to 14 March 2013 of RM0.26; and
(iii) The par value of SerSol Shares of RM0.10 each.
The exercise price represents the theoretical ex-right price of SerSol Shares of RM0.18.
This announcement is dated 15 March 2013. | |
SERSOL - Rights Issue
| Company Name | SERSOL BERHAD (ACE Market) |
| Stock Name | SERSOL |
| Date Announced | 15 Mar 2013 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | OS-130314-68473 |
| Remarks : |
| The abridged prospectus, together with the rights subscription form and the notice of provisional allotment (collectively referred to as the “Documents”) relating to the Rights Issue of Shares with Warrants will only be despatched to the shareholders of SerSol who have a registered address in Malaysia and whose name appears in SerSol’s Record of Depositors at 5.00 p.m. on the Entitlement Date (“Entitled Shareholders”). The Documents will not be despatched to Entitled Shareholders who have not provided the share registrar of SerSol, Boardroom Corporate Services (KL) Sdn. Bhd., with a registered address in Malaysia in writing by 5.00 p.m. on the Entitlement Date. The Entitled Shareholders who are without a registered address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address prior to 5.00 p.m. on the Entitlement Date. The Documents are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue of Shares with Warrants and the Documents comply with the laws of any country or jurisdiction other than Malaysia. The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date. This announcement is dated 15 March 2013. |
SERSOL - Important Relevant Dates for Renounceable Rights
| Company Name | SERSOL BERHAD (ACE Market) |
| Stock Name | SERSOL |
| Date Announced | 15 Mar 2013 |
| Category | Important Relevant Dates for Renounceable Rights |
| Reference No | OS-130314-68200 |
| Rights Securities will be listed and quoted as the existing securities of the same class: | |||
| Yes | |||
| Other important dates as the listed issuer may deem appropriate: | |||
| Remarks : |
| The last date and time for acceptance and payment of the Rights Issue of Shares with Warrants as well as the last date and time for excess Rights Shares with Warrants application and payment are as above or such later date and time as the Board of Directors of SerSol may decide in its absolute discretion and announce not less than two (2) market days before the stipulated date and time. This announcement is dated 15 March 2013. |
ENVAIR - Changes in Sub. S-hldr's Int. (29B) - Deepak Jaikishan A/L Jaikishan Rewachand
| Company Name | ENVAIR HOLDING BERHAD (ACE Market) |
| Stock Name | ENVAIR |
| Date Announced | 15 Mar 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-130313-3EA41 |
Particulars of substantial Securities Holder
| Name | Deepak Jaikishan A/L Jaikishan Rewachand |
| Address | 6, Simpang Tunku Putra Taman Duta, Bukit Tunku 50480 Kuala Lumpur |
| NRIC/Passport No/Company No. | 720311-04-5165 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.10 each |
| Name & address of registered holder | Deepak Jaikishan A/L Jaikishan Rewachand 6, Simpang Tunku Putra Taman Duta, Bukit Tunku 50480 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 11/03/2013 | 43,000 | 0.120 |
| Acquired | 13/03/2013 | 150,000 | 0.115 |
| Remarks : |
| The Form 29B was received by the Company on 15 March 2013. |
YGL - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
| Company Name | YGL CONVERGENCE BERHAD (ACE Market) |
| Stock Name | YGL |
| Date Announced | 15 Mar 2013 |
| Category | General Announcement |
| Reference No | OI-130315-53893 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | YGL CONVERGENCE BERHAD (“YGL” OR THE “COMPANY”) PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF YGL (“PRIVATE PLACEMENT”) |
We refer to our earlier announcements dated 23 October 2012, 24 October 2012, 31 October 2012, 5 March 2013 and 14 March 2013. On behalf of the Board of Directors of YGL, OSK Investment Bank Berhad is pleased to announce that on 15 March 2013, the 15,997,740 new ordinary shares of RM0.10 each in YGL were listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad representing 10.0% of the issued and paid-up share capital of YGL. As a result, the Private Placement is deemed completed. This announcement is dated 15 March 2013. | |
MTOUCHE - Notice of Shares Buy Back - Immediate Announcement
| Company Name | MTOUCHE TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | MTOUCHE |
| Date Announced | 15 Mar 2013 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CA-130315-60136 |
REXIT - Notice of Shares Buy Back - Immediate Announcement
| Company Name | REXIT BERHAD (ACE Market) |
| Stock Name | REXIT |
| Date Announced | 15 Mar 2013 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CC-130315-201C9 |
SMRTECH - Notice of Shares Buy Back - Immediate Announcement
| Company Name | SMR TECHNOLOGIES BERHAD (ACE Market) |
| Stock Name | SMRTECH |
| Date Announced | 15 Mar 2013 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CC-130315-314FD |
ASIABIO - Change of Address
| Company Name | ASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market) |
| Stock Name | ASIABIO |
| Date Announced | 15 Mar 2013 |
| Category | Change of Address |
| Reference No | CK-130307-31752 |
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