March 4, 2013

Company announcements: M3TECH, DIGISTA, SCICOM, BCTTECH, IJACOBS, INARI

M3TECH - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameM3 TECHNOLOGIES (ASIA) BERHAD (ACE Market) 
Stock Name M3TECH  
Date Announced4 Mar 2013  
CategoryGeneral Announcement
Reference NoCM-130304-37804

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionM3 TECHNOLOGIES (ASIA) BERHAD ("M3TECH" OR THE "COMPANY")

PROPOSED ACQUISITION OF 23.993% EQUITY INTEREST IN FOTOKEM SDN BHD (“FOTOKEM”) BY M3TECH FOR A TOTAL CASH CONSIDERATION OF RM5,998,438 (“PROPOSED ACQUISITION”)

The Board of Directors of M3Tech (“Board”) wishes to announce that the Company had on 4 March 2013 offered to acquire 383,900 ordinary shares of RM1.00 each in Fotokem (“Sale Shares”), representing 23.993% equity interest in Fotokem from Ngui Woon Kong and Wong Lim Patt @ Wong Lim Fatt (collectively referred to as the “Vendors”) for a total cash consideration of RM5,998,438, subject to the following:

 (i) Satisfactory outcome of the financial, tax and legal due diligence of the Fotokem and its subsidiary companies (“Fotokem Group”); and

 (ii) Terms and conditions in the shares sale agreement (“SSA”), shareholders agreement and profit guarantee agreement (collectively referred to as the “Agreements”) to be negotiated between M3Tech and the Vendors.

The Vendors have acknowledged and accepted the abovementioned offer by M3Tech on 4 March  2013.

Upon the satisfaction of the above conditions, M3Tech will enter into a definitive SSA, shareholders agreement and profit guarantee agreement with the Vendors. An announcement will be made accordingly to comply with Chapter 10 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad upon the execution of the Agreements.

Fotokem is principally involved in the trading in photographic, digital, electronic, information and communication technologies goods and services. Its subsidiary companies are principally involved in the retail business for consumer electronic item.

This announcement is dated 4 March 2013.



DIGISTA - Quarterly rpt on consolidated results for the financial period ended 31/12/2012 (Amended Announcement)

Announcement Type: Financial Results
Company NameDIGISTAR CORPORATION BERHAD  
Stock Name DIGISTA  
Date Announced4 Mar 2013  
CategoryFinancial Results
Reference NoCK-130304-39827

Financial Year End30/09/2013
Quarter1
Quarterly report for the financial period ended31/12/2012
The figureshave not been audited

Attachments

DCB31.12.2012 Q1 2013.pdf
156 KB


Remarks :
The amendments have been made to Page 23 of Note B16 (Notes to the Condensed Consolidated Statements of Income) where the symbol "#" has been deleted from the Preceding Year Corresponding Quarter 31.12.2011 under the column of Individual Quarter.
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2012
31/12/2011
31/12/2012
31/12/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
18,565
21,946
18,565
21,946
2Profit/(loss) before tax
3,701
5,473
3,701
5,473
3Profit/(loss) for the period
3,166
3,941
3,166
3,941
4Profit/(loss) attributable to ordinary equity holders of the parent
3,195
4,011
3,195
4,011
5Basic earnings/(loss) per share (Subunit)
1.29
1.77
1.29
1.77
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.2454
0.2300
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


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

Announcement Type: General Announcement
Company NameSCICOM (MSC) BERHAD  
Stock Name SCICOM  
Date Announced4 Mar 2013  
CategoryGeneral Announcement
Reference NoCK-130304-40512

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company has received notification from Mr. Leo Suresh Ariyanayakam, an Executive Director of Scicom (MSC) Berhad (“SCICOM”) had on 4 March 2013 given notice of his dealing in his dealing in his securities of SCICOM during outside closed period as set out in the table below.

Dealing

Description of Securities

Number of Shares acquired

Price per share (RM)

% of Securities

26 February 2013

Ordinary Shares

600,000

0.45

0.20 (Direct)

This announcement is dated 4 March 2013.

We received the notice from the Director (Mr. Leo Suresh Ariyanayakam) pursuant to Section 135 of the Companies Act, 1965 on 4 March 2013.



SCICOM - Changes in Sub. S-hldr's Int. (29B) - Leo Suresh Ariyanayakam

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSCICOM (MSC) BERHAD  
Stock Name SCICOM  
Date Announced4 Mar 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-130304-39870

Particulars of substantial Securities Holder

NameLeo Suresh Ariyanayakam
AddressNo. 20, Jalan 16/9C, Section 16, 46350 Petaling Jaya, Selangor Darul Ehsan
NRIC/Passport No/Company No.630828-78-5029
Nationality/Country of incorporationPermanent Resident
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderLeo Suresh Ariyanayakam
No. 20, Jalan 16/9C, Section 16, 46350 Petaling Jaya, Selangor Darul Ehsan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired26/02/2013
600,000
0.450 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect Interest
Direct (units)34,471,712 
Direct (%)11.64 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change34,471,712
Date of notice04/03/2013


SCICOM - Changes in Director's Interest (S135) - Leo Suresh Ariyanayakam

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameSCICOM (MSC) BERHAD  
Stock Name SCICOM  
Date Announced4 Mar 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCK-130304-39501

Information Compiled By KLSE

Particulars of Director

NameLeo Suresh Ariyanayakam
AddressNo. 20, Jalan 16/9C, Section 16, 46350 Petaling Jaya, Selangor Darul Ehsan
Descriptions(Class & nominal value)Ordinary Shares of RM0.10 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
26/02/2013
600,000
0.450 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect Interest
Consideration (if any)RM270,000.00 

Total no of securities after change

Direct (units)34,471,712 
Direct (%)11.64 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice04/03/2013


BCTTECH - Change in Audit Committee (Amended Announcement)

Announcement Type: Change in Audit Committee
Company NameBCT TECHNOLOGY BERHAD (ACE Market) 
Stock Name BCTTECH  
Date Announced4 Mar 2013  
CategoryChange in Audit Committee
Reference NoCA-130304-43716

Date of change28/02/2013
NameDato' Mohamed Redzuan Bin Mohamed Kushairi
Age64
NationalityMalaysian
Type of changeResignation
DesignationMember of Audit Committee
DirectorateIndependent & Non Executive
Qualifications 
Working experience and occupation  
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerBrother-in-law of Datuk Ramli bin Ibrahim, an Independent Non-Executive Director of the Company. 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 
Composition of Audit Committee (Name and Directorate of members after change)1. Datuk Ramli Bin Ibrahim - Independent Non-Executive Director (Chairman)
2. Tan Sri Datuk Dr. Haji Omar Bin Abdul Rahman - Independent Non-Executive Director (Member)

Remarks :
The Board took note that the vacancy in the composition of the Audit Committee must be filled within 3 months from the date of resignation i.e. by 28 May 2013 to comply with Rule 15.09 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad.


IJACOBS - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameIDEAL JACOBS (MALAYSIA) CORPORATION BHD (ACE Market) 
Stock Name IJACOBS  
Date Announced4 Mar 2013  
CategoryChange in Audit Committee
Reference NoCC-130304-44902

Date of change04/03/2013
NameHING KIM TAT
Age46
NationalityMalaysian
Type of changeRedesignation
Previous PositionChairman of Audit Committee
New PositionMember of Audit Committee
DirectorateIndependent & Non Executive
QualificationsMr. Hing graduated from Notthingham Trent University with LL.B (Hons). 
Working experience and occupation Upon admission to the Law Society & Wales as a solicitor, he worked as an assistant solicitor with a firm in London, United Kingdom. He is a lawyer by profession a member of the Malaysian Bar and Law Society of England and Wales.He has more than 16 yeards experience in corporate and commercial legal matters, and business laws in Malaysia and the PRC. He is also a Notary Public and Malaysian Trade Mark Agent. 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 
Composition of Audit Committee (Name and Directorate of members after change)Audit Committee
i) Chairman: Mr Eugene Lee Cheng Hoe
Independent Non-Executive Director)

ii) Member: Mr Koong Lin Loong
(Independent Non-Executive Director)

iii) Member : Mr Hing Kim Tat
(Independent Non-Executive Director)

iv) Member: Mr Tan Kean Huat
(Independent Non-Executive Director)


IJACOBS - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameIDEAL JACOBS (MALAYSIA) CORPORATION BHD (ACE Market) 
Stock Name IJACOBS  
Date Announced4 Mar 2013  
CategoryChange in Audit Committee
Reference NoCC-130226-54610

Date of change04/03/2013
NameEUGENE LEE CHENG HOE
Age44
NationalityMalaysian
Type of changeAppointment
DesignationChairman of Audit Committee
DirectorateIndependent & Non Executive
Qualifications1) Chartered Accountant, Malaysian Institute of Accountants
2) Member, CPA Australia
3) Bachelor of Economics (majoring in Accounting),
Macquarie University, Australia 
Working experience and occupation Mr Eugene has extensive corporate and financial advisory and strategy consulting experience. He is currently a Principal at Atreus Consulting Sdn Bhd, a strategy and corporate advisory firm. He was formerly Senior Manager, Corporate Affairs at Hong Leong Group, Director / Executive Vice President at BinaFikir Sdn Bhd (a subsidiary of Maybank Investment Bank), General Manager, Corporate Planning & Development at MISC Berhad (a subsidiary of PETRONAS), Associate Director, Corporate Finance at Aminvestment Bank Berhad and Audit Semi-Senior at Coopers & Lybrand (now PricewaterhouseCoopers). 
Directorship of public companies (if any)NIL 
Family relationship with any director and/or major shareholder of the listed issuerNIL 
Any conflict of interests that he/she has with the listed issuerNIL 
Details of any interest in the securities of the listed issuer or its subsidiariesNIL 
Composition of Audit Committee (Name and Directorate of members after change)Audit Committee
i) Chairman: Mr Eugene Lee Cheng Hoe
Independent Non-Executive Director)

ii) Member: Mr Koong Lin Loong
(Independent Non-Executive Director)

iii) Member : Mr Hing Kim Tat
(Independent Non-Executive Director)

iv) Member: Mr Tan Kean Huat
(Independent Non-Executive Director)


IJACOBS - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameIDEAL JACOBS (MALAYSIA) CORPORATION BHD (ACE Market) 
Stock Name IJACOBS  
Date Announced4 Mar 2013  
CategoryChange in Boardroom
Reference NoCC-130226-41677

Date of change04/03/2013
NameEUGENE LEE CHENG HOE
Age44
NationalityMalaysian
Type of changeAppointment
DesignationDirector
DirectorateIndependent & Non Executive
Qualifications1) Chartered Accountant, Malaysian Institute of Accountants
2) Member, CPA Australia
3) Bachelor of Economics (majoring in Accounting), Macquarie University, Australia 
Working experience and occupation Mr Eugene has extensive corporate and financial advisory and strategy consulting experience. He is currently a Principal at Atreus Consulting Sdn Bhd, a strategy and corporate advisory firm. He was formerly Senior Manager, Corporate Affairs at Hong Leong Group, Director / Executive Vice President at BinaFikir Sdn Bhd (a subsidiary of Maybank Investment Bank), General Manager, Corporate Planning & Development at MISC Berhad (a subsidiary of PETRONAS), Associate Director, Corporate Finance at Aminvestment Bank Berhad and Audit Semi-Senior at Coopers & Lybrand (now PricewaterhouseCoopers). 
Directorship of public companies (if any)NIL 
Family relationship with any director and/or major shareholder of the listed issuerNIL 
Any conflict of interests that he/she has with the listed issuerNIL 
Details of any interest in the securities of the listed issuer or its subsidiariesNIL 


INARI - Changes in Sub. S-hldr's Int. (29B) - Insas Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameINARI BERHAD (ACE Market) 
Stock Name INARI  
Date Announced4 Mar 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoII-130228-40341

Particulars of substantial Securities Holder

NameInsas Berhad
AddressNo. 45-5 The Boulevard, Mid Valley City
Lingkaran Syed Putra, 59200 Kuala Lumpur
NRIC/Passport No/Company No.4081-M
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderInsas Technology Berhad
No. 45-5 The Boulevard, Mid Valley City
Lingkaran Syed Putra, 59200 Kuala Lumpur

Insas Plaza Sdn Bhd
No. 45-5 The Boulevard, Mid Valley City
Lingkaran Syed Putra, 59200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired27/02/2013
30,000
 

Circumstances by reason of which change has occurredAcquisition of 30,000 shares in Insas Plaza Sdn Bhd, a wholly-owned subsidiary of Insas Berhad
Nature of interestIndirect
Direct (units)
Direct (%)
Indirect/deemed interest (units)117,742,800 
Indirect/deemed interest (%)34.98 
Total no of securities after change117,742,800
Date of notice04/03/2013

Remarks :
Indirect interest held through its wholly-owned subsidiaries:-

1) Insas Technology Berhad - 109,512,900 shares (No change)
2) Insas Plaza Sdn Bhd - 8,229,900 shares


No comments:

Post a Comment