March 27, 2013

Company announcements: REDTONE, ASIAEP, SERSOL, NEXTNAT, BAHVEST, N2N, SMRTECH, ETITECH, VIS

REDTONE - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced27 Mar 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCK-130327-1B6C0

Date of buy back27/03/2013
Description of shares purchasedOrdinary Shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)13,000
Minimum price paid for each share purchased ($$)0.405
Maximum price paid for each share purchased ($$)0.405
Total consideration paid ($$)5,312.58
Number of shares purchased retained in treasury (units)13,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)4,794,800
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.99


REDTONE - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced27 Mar 2013  
CategoryGeneral Announcement
Reference NoCK-130327-63282

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionNOTICE OF INTENTION TO DEAL IN THE COMPANY'S SECURITIES DURING CLOSED PERIOD PURSUANT TO RULE 14.08 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

We wish to announce that the Company has received notifications from the following Directors on their intention to deal in the securities of the Company during the closed period as defined in the ACE Market Listing Requirements of Bursa Securities. Their current interest in the securities of the Company are shown in the table below:

Director

Nature of interest in the Company

No. of ordinary shares as at 27 March 2013

%

No. of Irredeemable Convertible Unsecured Loan Stocks ("ICULS") as at 27 March 2013

%

No. of Warrants as at 27 March 2013

%

Dato' Wei Chuan Beng

Direct interest

20,132,376

4.22

22,043,900

9.00

1,650,000

1.01

Lau Bik Soon

Direct interest

1,716,600

0.36

511,900

0.20

0

0

Jagdish Singh Dhaliwal

Direct interest

200,000

0.04

0

0

0

0



ASIAEP - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameASIAEP RESOURCES BERHAD (ACE Market) 
Stock Name ASIAEP  
Date Announced27 Mar 2013  
CategoryGeneral Announcement
Reference NoAA-130327-61965

Regularisation SponsorKAF Investment Bank Berhad
SponsorSame as above
TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionKUALA LUMPUR HIGH COURT SUIT NO. 22NCC-366-0302012) – LEGAL SUIT INSTITUTED BY THE COMPANY JOINTLY WITH DR TAN BOON NUNT (“THE PLAINTIFFS”) AGAINST LESTARI PASIFIK BERHAD (“LPB”) (COMPANY NO. 889489-A) AND 7 OTHER DEFENDANTS (“THE SUIT”)

Reference is made to the Company’s announcements dated 16 March 2012, 28 March 2012, 19 April 2012, 17 May 2012, 20 July 2012, 24 July 2012, 12 August 2012, 30 August 2012, 21 September 2012, 12 October 2012, 23 October 2012, 9 November 2012, 23 November 2012, 17 December 2012, 15 January 2013 and 20 February 2013 in relation to the Suit.

The matter came up for case management this morning and the Court has fixed another Case Management date on 23 May 2013.

This announcement is dated 27 March 2013.



SERSOL - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameSERSOL BERHAD (ACE Market) 
Stock Name SERSOL  
Date Announced27 Mar 2013  
CategoryGeneral Announcement
Reference NoOS-130327-60141

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionSERSOL 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 5.00 P.M. ON 29 MARCH 2013 (“RIGHTS ISSUE OF SHARES WITH WARRANTS”)

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, 25 February 2013 and 15 March 2013 in relation to the Rights Issue of Shares with Warrants (“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 the abridged prospectus in relation to the Rights Issue of Shares with Warrants, together with the notice of provisional allotment and rights subscription form, have been duly registered with the Securities Commission Malaysia and lodged with the Registrar of Companies.

This announcement is dated 27 March 2013.



NEXTNAT - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameNEXTNATION COMMUNICATION BERHAD (ACE Market) 
Stock Name NEXTNAT  
Date Announced27 Mar 2013  
CategoryGeneral Announcement
Reference NoMM-130327-41191

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionNEXTNATION COMMUNICATION BERHAD (“NCB” OR “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO 84,615,300 NEW ORDINARY SHARES OF RM0.10 EACH IN NCB (“NCB SHARES” OR “SHARES”) (“PLACEMENT SHARES”), REPRESENTING UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF NCB AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED PRIVATE PLACEMENT”)

Reference is made to the announcements dated 18 March 2013, 20 March 2013 and 21 March 2013 in respect of the Proposed Private Placement.

On behalf of the Board of Directors of NCB, Public Investment Bank Berhad (“PIVB”) is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 26 March 2013, which we had received on 27 March 2013, approved the listing and quotation of up to 84,615,300 Placement Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:

(a) NCB and PIVB must fully comply with the relevant provisions under the ACE Market Listing Requirements pertaining to the implementation of the Proposed Private Placement;

(b) NCB and PIVB to inform Bursa Securities upon the completion of the Proposed Private Placement; and

(c) NCB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed.

The new NCB Shares to be issued pursuant to the Proposed Private Placement will be listed and quoted as the existing securities of the same class and quotation of the new NCB Shares will commence on the next market day after the following:

(a) Submission of the share certificate together with a covering letter containing the summary of the Proposed Private Placement to Bursa Malaysia Depository Sdn Bhd (“Bursa Depository”) before 10.00 a.m. on the market day prior to the listing date;

(b) Receipt of confirmation from Bursa Depository that the additional new NCB Shares are ready for crediting into the securities accounts of the respective account holders; and

(c) An announcement in accordance to Paragraph 12.2 of Guidance Note 17 is submitted via Bursa Link before 3.00 p.m. on the market day prior to the listing date.

This announcement is dated 27 March 2013.



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

Announcement Type: General Announcement
Company NameBORNEO AQUA HARVEST BERHAD (ACE Market) 
Stock Name BAHVEST  
Date Announced27 Mar 2013  
CategoryGeneral Announcement
Reference NoCA-130327-61819

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to paragraph 14.09 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the following directors have transacted dealings in the securities of Borneo Aqua Harvest Berhad as set out in the table below.

Name of Director

Date of Change

Type of Change

Price per Share (RM)

No. of Shares

% of Issued Shares

Datuk Lo Fui Ming

22 March 2013

Acquisition

0.70

1,000,000

0.28

Chong Khing Chung

22 March 2013

Acquisition

0.70

1,000,000

0.28



N2N - OTHERS Pursuant to Paragraph 14.09(a) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, N2N Connect Berhad ("the Company") wishes to announce that the Company has received notifications from the Directors of the Company, namely Mr. Tiong Boon Hwa and Ms. Lai Su Ping pertaining to the acquisitions and disposal of the Company’s shares transacted from 5 March 2013 to 19 March 2013 Outside closed period.

Announcement Type: General Announcement
Company NameN2N CONNECT BERHAD (ACE Market) 
Stock Name N2N  
Date Announced27 Mar 2013  
CategoryGeneral Announcement
Reference NoCM-130327-39632

TypeAnnouncement
SubjectOTHERS
DescriptionPursuant to Paragraph 14.09(a) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, N2N Connect Berhad ("the Company") wishes to announce that the Company has received notifications from the Directors of the Company, namely Mr. Tiong Boon Hwa and Ms. Lai Su Ping pertaining to the acquisitions and disposal of the Company’s shares transacted from 5 March 2013 to 19 March 2013 Outside closed period.

The details of the transactions is set out in the table below :

Name of Directors

Date Acquired (A) / Disposed (D)

No. of Securities
Acquired or Disposed of

Percentage of securities acquired or disposed of

Price transacted

Nature of Interest

Tiong Boon Hwa

05.03.2013 (A)

30,000

0.0100%

RM0.445

Direct Interest

06.03.2013 (A)

100,000

0.0334%

RM0.445

~ as above ~

07.03.2013 (A)

55,900

0.0186%

RM.0450

~ as above ~

08.03.2013 (A)

10,000

0.0033%

RM0.450

~ as above ~

11.03.2013 (A)

40,000

0.0133%

RM0.450

~ as above ~

12.03.2013 (A)

11,400

0.0038%

RM0.455

~ as above ~

13.03.2013 (A)

25,000

0.0083%

RM0.465

~ as above ~

13.03.2013 (A)

1,000,000

0.3419%

RM0.470

~ as above ~

14.03.2013 (A)

1,585,900

0.5290%

RM0.470

~ as above ~

19.03.2013 (D)

(2,858,200)

0.9535%

RM0.470

~ as above ~

19.03.2013 (A)

120,500

0.0402%

RM0.470

~ as above ~

Lai Su Ping

05.03.2013 (A)

30,000

0.0100%

RM0.445

Deemed Interest via spouse

06.03.2013 (A)

100,000

0.0334%

RM0.445

~ as above ~

07.03.2013 (A)

55,900

0.0186%

RM.0450

~ as above ~

08.03.2013 (A)

10,000

0.0033%

RM0.450

~ as above ~

11.03.2013 (A)

40,000

0.0133%

RM0.450

~ as above ~

12.03.2013 (A)

11,400

0.0038%

RM0.455

~ as above ~

13.03.2013 (A)

25,000

0.0083%

RM0.465

~ as above ~

13.03.2013 (A)

1,000,000

0.3419%

RM0.470

~ as above ~

14.03.2013 (A)

1,585,900

0.5290%

RM0.470

~ as above ~

19.03.2013 (D)

(2,858,200)

0.9535%

RM0.470

~ as above ~

19.03.2013 (A)

120,500

0.0402%

RM0.470

~ as above ~

This Announcement is dated 27 March 2013.

The Company received the above information on 20 March 2013.



SMRTECH - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameSMR TECHNOLOGIES BERHAD (ACE Market) 
Stock Name SMRTECH  
Date Announced27 Mar 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-130327-DABCF

Date of buy back27/03/2013
Description of shares purchasedOrdinary Shares
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)31,000
Minimum price paid for each share purchased ($$)0.185
Maximum price paid for each share purchased ($$)0.185
Total consideration paid ($$)5,735.00
Number of shares purchased retained in treasury (units)31,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)4,080,600
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)2.162


ETITECH - PRACTICE NOTE 1 / GUIDANCE NOTE 5:OTHERS

Announcement Type: General Announcement
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced27 Mar 2013  
CategoryGeneral Announcement
Reference NoCC-130327-61167

TypeAnnouncement
SubjectPRACTICE NOTE 1 / GUIDANCE NOTE 5
OTHERS
DescriptionETI TECH CORPORATION BERHAD (“Etitech” or “the Company”)
- Default in payment pursuant to Practice Note 1 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad
With reference to the earlier announcement dated 25 March 2013, the Board of Etitech wishes to inform that the Company is solvent pursuant to the Solvency Declaration duly executed by majority of Board of Directors on 27 March 2013.
This announcement is dated 27 March 2013.


VIS - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameVISDYNAMICS HOLDINGS BERHAD (ACE Market) 
Stock Name VIS  
Date Announced27 Mar 2013  
CategoryGeneral Meetings
Reference NoCA-130327-34824

Type of MeetingAGM
IndicatorNotice of Meeting
DescriptionEighth Annual General Meeting
Date of Meeting19/04/2013
Time11:00 AM
VenueMelaka 6 (Level 2), Hotel Equatorial Melaka, Bandar Hilir, 75000 Melaka, Malaysia
Date of General Meeting Record of Depositors11/04/2013

Attachments

Notice of 8th AGM.pdf
27 KB



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