SCOPE - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | SCOPE INDUSTRIES BERHAD (ACE Market) |
| Stock Name | SCOPE |
| Date Announced | 23 Apr 2013 |
| Category | General Announcement |
| Reference No | MB-130423-51453 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | SCOPE INDUSTRIES BERHAD (“SCOPE” OR “COMPANY”) 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”) |
This announcement is dated 23 April 2013. We refer to Section 9.2(a) of the circular to shareholders dated 27 March 2013 in relation to the non-compliance of the affected plantation land owned by Matang. On behalf of the Board of Directors of Scope, AmInvestment Bank Berhad wishes to announce that Scope had been informed by Matang that the application to amend the express condition endorsed on the title of the affected plantation land to enable oil palm cultivation to be carried out had been submitted to the Pejabat Tanah Ledang, Tangkak, Johor on 22 April 2013. | |
IDEAL - Annual Audited Accounts - 31 December 2012
| Company Name | IDEAL SUN CITY HOLDINGS BERHAD (ACE Market) |
| Stock Name | IDEAL |
| Date Announced | 23 Apr 2013 |
| Category | PDF Submission |
| Reference No | CP-130423-ECBE7 |
| Regularisation Sponsor | M&A Securities Sdn Bhd |
| Subject | Annual Audited Accounts - 31 December 2012 |
NEXTNAT - Notice of Person Ceasing (29C) - Nutox Limited
| Company Name | NEXTNATION COMMUNICATION BERHAD (ACE Market) |
| Stock Name | NEXTNAT |
| Date Announced | 23 Apr 2013 |
| Category | Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965 |
| Reference No | CS-130423-32A4D |
Particulars of substantial Securities Holder
BAHVEST - Changes in Director's Interest (S135) - Datuk Lo Fui Ming
| Company Name | BORNEO AQUA HARVEST BERHAD (ACE Market) |
| Stock Name | BAHVEST |
| Date Announced | 23 Apr 2013 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CA-130423-8B29C |
Information Compiled By KLSE
Particulars of Director
| Name | Datuk Lo Fui Ming |
| Address | Lot 51-52, Taman Pertama, Mile 5, Jalan Labuk P.O.Box 2112, 90724 Sandakan, Sabah |
| 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) |
Disposed | 150,000 |
| Circumstances by reason of which change has occurred | Transferred |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 57,281,502 |
| Direct (%) | 16.11 |
| Indirect/deemed interest (units) | 60,000 |
| Indirect/deemed interest (%) | 0.02 |
| Date of notice | 23/04/2013 |
BAHVEST - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | BORNEO AQUA HARVEST BERHAD (ACE Market) |
| Stock Name | BAHVEST |
| Date Announced | 23 Apr 2013 |
| Category | General Announcement |
| Reference No | CA-130423-8B293 |
| Type | Announcement | ||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||
| Description | Pursuant to paragraph 14.09 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the following director has transacted dealings in the securities of Borneo Aqua Harvest Berhad as set out in the table below. | ||||||||||||
*transfer to family member | |||||||||||||
BAHVEST - Changes in Sub. S-hldr's Int. (29B) - Datuk Lo Fui Ming
| Company Name | BORNEO AQUA HARVEST BERHAD (ACE Market) |
| Stock Name | BAHVEST |
| Date Announced | 23 Apr 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CA-130423-8B287 |
Particulars of substantial Securities Holder
| Name | Datuk Lo Fui Ming |
| Address | Lot 51-52, Taman Pertama, Mile 5, Jalan Labuk P.O.Box 2112, 90724 Sandakan, Sabah |
| NRIC/Passport No/Company No. | 560224-12-5175 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
| Name & address of registered holder | Lo Fui Ming P.O.Box 2112, 90724 Sandakan, Sabah |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 18/04/2013 | 150,000 |
MMSV - OTHERS MMS Ventures Berhad (“MMSV” or “The Company”) (1) Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. (2) Proposed Amendments to the Articles of Association.
| Company Name | MMS VENTURES BERHAD (ACE Market) |
| Stock Name | MMSV |
| Date Announced | 23 Apr 2013 |
| Category | General Announcement |
| Reference No | CC-130423-51365 |
| Type | Announcement |
| Subject | OTHERS |
| Description | MMS Ventures Berhad (“MMSV” or “The Company”) (1) Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. (2) Proposed Amendments to the Articles of Association. |
The Company wishes to announce that the Company proposes to seek shareholders’ approval on the following Proposals at the forthcoming Ninth Annual General Meeting:-
(1) Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature; and
(2) Proposed Amendments to the Articles of Association of the Company.
A Circular to Shareholders containing information on the abovementioned Proposals will be issued and dispatched to the shareholders of the Company in due course. This announcement is dated | |
PRIVA - OTHERS PRIVASIA TECHNOLOGY BERHAD ("PRIVA" or "the Company") - PROPOSED DISPOSAL BY PRIVANET SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF PRIVA, OF 1,000,000 ORDINARY SHARES OF RM1.00 EACH IN PRIVANET DISTRIBUTION SDN. BHD. ("PRIVANET DISTRIBUTION"), REPRESENTING 100% OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF PRIVANET DISTRIBUTION.
| Company Name | PRIVASIA TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | PRIVA |
| Date Announced | 23 Apr 2013 |
| Category | General Announcement |
| Reference No | CC-130207-54805 |
| Type | Announcement | |||||||||
| Subject | OTHERS | |||||||||
| Description | PRIVASIA TECHNOLOGY BERHAD ("PRIVA" or "the Company") - PROPOSED DISPOSAL BY PRIVANET SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF PRIVA, OF 1,000,000 ORDINARY SHARES OF RM1.00 EACH IN PRIVANET DISTRIBUTION SDN. BHD. ("PRIVANET DISTRIBUTION"), REPRESENTING 100% OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF PRIVANET DISTRIBUTION. | |||||||||
The Board of Directors of PRIVA wishes to announce that Privanet Distribution Sdn. Bhd. ("Privanet Distribution"), a wholly-owned subsidiary of Privanet Sdn. Bhd. ("Privanet"), which is in turn a wholly-owned subsidiary of PRIVA, has increased its issued and paid-up capital from RM500,000 comprising 500,000 ordinary shares of RM1.00 each in Privanet Distribution ("Privanet Distribution Share(s)") to RM1,000,000 Privanet Distribution Shares via bonus issue. Privanet, had on 23 April 2013, entered into a share sale agreement with Low Peng Yew ("LPY") and Chan Yue Mun ("CYM"), who are non-related parties, for the proposed disposal by Privanet of 300,000 Privanet Distribution Shares, representing 30% of the entire issued and paid-up capital of Privanet Distribution, for a total disposal consideration of RM500,000. The details of the disposal breakdown are set out below:-
In addition, Privanet agreed to dispose of the remaining 700,000 Privanet Distribution Shares, representing 70% of the entire issued and paid up capital of Privanet Distribution, to PRIVA. Upon completion of the above, PRIVA will hold 70% of Privanet Distribution Shares while LPY and CYM, each will hold 15% of Privanet Distribution Shares. Privanet Distribution recorded a positive net book value of RM2,049,487 based on its latest unaudited financial statement as at 31 December 2012. This corporate development would facilitate PRIVA's entry into the trading and distribution of telecommunication and related Information and Communications Technology ("ICT") equipment in the enterprise market segment under the ICT distribution division. The track record and experience of our partner, namely LPY, in local and regional Enterprise Distribution segment augurs well for the future prospects of PRIVA and its subsidiaries ("PRIVA Group"). The PRIVA Group believes that the expansion of its trading and distribution business into the enterprise market segment would improve its ability to build an effective Channel Partner Network in a sustainable manner, and complement the PRIVA Group's position as an ICT outsourcing solutions provider. This announcement is made in relation to the re-organisation of the group structure of PRIVA pursuant to sub-Rule 9.19 (5) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad. This announcement is dated 23 April 2013. | ||||||||||
FRONTKN - OTHERS (A) Proposed renewal of authority for the Company to purchase its own ordinary shares of not more than 10% of the issued and paid-up share capital of the Company (B) Proposed amendments to the Articles of Association of the Company
| Company Name | FRONTKEN CORPORATION BERHAD |
| Stock Name | FRONTKN |
| Date Announced | 23 Apr 2013 |
| Category | General Announcement |
| Reference No | CP-130422-51836 |
| Type | Announcement |
| Subject | OTHERS |
| Description | (A) Proposed renewal of authority for the Company to purchase its own ordinary shares of not more than 10% of the issued and paid-up share capital of the Company (B) Proposed amendments to the Articles of Association of the Company |
The Board of Directors of Frontken Corporation Berhad ("Company") wishes to announce that the Company intends to seek its shareholders' approval for the following at its forthcoming Annual General Meeting: | |
INARI - MULTIPLE PROPOSALS
| Company Name | INARI BERHAD (ACE Market) |
| Stock Name | INARI |
| Date Announced | 23 Apr 2013 |
| Category | General Announcement |
| Reference No | OS-130423-E3545 |
| Admission Sponsor | M&A Securities Sdn Bhd |
| Sponsor | Same as above |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | INARI BERHAD (“INARI” OR THE “COMPANY”) • ACQUISITION OF 100% EQUITY INTEREST IN AMERTRON INC. (GLOBAL) LIMITED FOR A TOTAL PURCHASE CONSIDERATION OF USD32,000,000; • RIGHTS ISSUE WITH WARRANTS; • ISSUANCE OF NEW SHARES; • ISSUANCE OF PREFERENCE SHARES; • VARIATION TO THE UTILISATION OF LISTING PROCEEDS; • INCREASE IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY; AND • AMENDMENTS TO THE MEMORANDUM OF ASSOCIATION OF THE COMPANY (COLLECTIVELY, THE “PROPOSALS”) |
(All abbreviations used in this announcement are
defined in the announcement dated 23 July 2012)
Reference is made to the earlier announcement dated 23
July 2012, 7 March 2013 and 29 March 2013 in relation to the Proposals.
On
behalf of the Board, M&A Securities is pleased to announce that the
solicitors to the SPA for the Acquisition had vide its letter dated 23 April
2013 confirmed that all conditions precedent set out in the SPA was met on 23
April 2013.
Under
the terms of the Acquisition, Inari shall issue USD3,200,000 (equivalent to RM10,176,000)
in value of new Inari Shares to the Vendor comprising up to 24,819,512 new
Inari Shares on the completion date of the SPA at an issue price of RM0.41 per
Share or equivalent 30D-VWAP* whichever shall be the higher under the Issuance of New Shares.
Note:
* 30D-VWAP
is defined as the 30-day volume weighted average market price of Inari Shares
preceding the date the SPA is declared unconditional or RM0.41, whichever is
higher.
In relation thereto, M&A Securities is pleased to
announce that the Company had fixed the issue price of the new Inari Shares to
be issued under the Issuance of New Shares at RM0.4577 per Share and the number
of new Inari Shares to be issued shall be 22,232,903 Shares. The total value of
the new Shares to be issued is USD3,200,000 (equivalent to RM10,176,000),
representing 10% of the total Purchase Consideration of USD32,000,000.
The aforementioned issue price of RM0.4577 per Share
represents the 30D-VWAP of Inari from 12 March 2013 to 22 April 2013, being the
market day immediately preceding the date the SPA is declared unconditional.
This announcement is dated 23 April 2013.
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