IRIS - Quarterly rpt on consolidated results for the financial period ended 31/3/2013
| Company Name | IRIS CORPORATION BERHAD (ACE Market) |
| Stock Name | IRIS |
| Date Announced | 31 May 2013 |
| Category | Financial Results |
| Reference No | IC-130531-62766 |
| Financial Year End | 31/03/2013 |
| Quarter | 4 |
| Quarterly report for the financial period ended | 31/03/2013 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/03/2013 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 187,258 | 76,617 | 537,066 | 410,731 |
| 2 | Profit/(loss) before tax | 8,170 | 5,028 | 34,040 | 46,075 |
| 3 | Profit/(loss) for the period | 2,743 | 4,693 | 18,447 | 34,408 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 5,910 | 6,348 | 21,071 | 37,217 |
| 5 | Basic earnings/(loss) per share (Subunit) | 0.38 | 0.42 | 1.34 | 2.41 |
| 6 | Proposed/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 ($$) | 0.2639 | 0.2550 | ||
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:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
IRIS - Change in Boardroom
| Company Name | IRIS CORPORATION BERHAD (ACE Market) |
| Stock Name | IRIS |
| Date Announced | 31 May 2013 |
| Category | Change in Boardroom |
| Reference No | IC-130531-63470 |
| Date of change | 31/05/2013 |
| Name | Tan Sri Razali Bin Ismail |
| Age | 74 |
| Nationality | Malaysian |
| Type of change | Redesignation |
| Previous Position | Chairman |
| New Position | Chairman |
| Directorate | Independent & Non Executive |
| Qualifications | Bachelor of Arts Degree from University of Malaya |
| Working experience and occupation | Tan Sri Razali Bin Ismail graduated with a Bachelor of Arts Degree from University of Malaya in 1962. He has an extensive experience gained in the Malaysian Diplomatic Services which he has served over 35 years until his retirement in 1998. He held various posts; Ambassador to Poland concurrently German Democratic Republic, Czechoslovakia and Hungary, High Commissioner to India, Deputy Secretary-General (Political Affairs) and Permanent Representative to the United Nations (“UN”). At the UN, he served in various capacities: Chairman of the Group of 77, President of the UN Security Council, Chairman of the Commission on Sustainable Development and President of the United Nations General Assembly. He was involved in articulating and developing positions in various bodies on issues such as development and sustainability, poverty and marginalisation, political reforms in the UN and issues of human rights and the environment. He continues to keep abreast on these subjects at home and abroad, through participation at seminars etc. and interacting with personalities and bodies, ties established earlier. He was the UN Secretary-General’s Special Envoy for Myanmar from April 2000 to December 2005. He is involved in IT and environmental industries specifically in renewable energy and solar, and is the Pro Chancellor of the University Science Malaysia, the Chairman of the National Peace Volunteer Corp (Yayasan Salam), and the Chairman of a grant organization on Natural Disaster, Force of Nature (FON). He is currently a director of Cypark Resources Berhad, Allianz Malaysia Berhad, Allianz General Insurance Company (Malaysia) Berhad, Allianz Life Insurance Malaysia Berhad and several private limited companies. |
| Directorship of public companies (if any) | 1) Allianz General Insurance Company (Malaysia) Berhad 2) Allianz Malaysia Berhad 3) Allianz Life Insurance Malaysia Berhad 4) Cypark Resources Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | N/A |
| Any conflict of interests that he/she has with the listed issuer | N/A |
| Details of any interest in the securities of the listed issuer or its subsidiaries | N/A |
| Remarks : |
| Tan Sri Razali Bin Ismail, who is currently the Non-Independent Non-Executive Chairman of ICB has been redesignated as Independent Non-Executive Chairman of the Board of ICB on 31 May 2013. |
LNGRES - Quarterly rpt on consolidated results for the financial period ended 31/3/2013
| Company Name | LNG RESOURCES BERHAD (ACE Market) |
| Stock Name | LNGRES |
| Date Announced | 31 May 2013 |
| Category | Financial Results |
| Reference No | CA-130528-45579 |
| Financial Year End | 31/12/2013 |
| Quarter | 1 |
| Quarterly report for the financial period ended | 31/03/2013 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/03/2013 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 9,099 | 5,457 | 9,099 | 5,457 |
| 2 | Profit/(loss) before tax | 559 | 243 | 559 | 243 |
| 3 | Profit/(loss) for the period | 353 | 112 | 353 | 112 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 371 | 112 | 371 | 112 |
| 5 | Basic earnings/(loss) per share (Subunit) | 0.17 | 0.06 | 0.17 | 0.06 |
| 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 0.2100 | 0.2100 | ||
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:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
LNGRES - PROVISION OF FINANCIAL ASSISTANCE
| Company Name | LNG RESOURCES BERHAD (ACE Market) |
| Stock Name | LNGRES |
| Date Announced | 31 May 2013 |
| Category | General Announcement |
| Reference No | CA-130528-46852 |
| Type | Announcement | ||||||
| Subject | PROVISION OF FINANCIAL ASSISTANCE | ||||||
| Description | LNG RESOURCES BERHAD (“LNGRES” or the “Company”) • Quarterly Disclosures on Provision of Financial Assistance by Oriental Fastech Manufacturing Sdn. Bhd. (“OFM”), a wholly-owned subsidiary of LNGRES | ||||||
1. Introduction Pursuant to Rule 8.25(1)(ii) and the Guidance Note 4 of the Bursa Securities ACE Market Listing Requirements, the Board of Directors of LNGRES wishes to update on the status of financial assistance provided by OFM, a wholly-owned subsidiary of LNGRES, to Miho Technology Sdn. Bhd. (“MIHO”) as follows:-
2. Rationale MIHO is principally involved in the provision of plating services and is a supplier of surface finishing services to OFM. The financial assistance was provided by OFM to MIHO from December 2011 to September 2012 for its business start up cost and daily operation cost as OFM wanted to support a dedicated supplier to meet its surface finishing needs. Surface finishing is an important production process to OFM as it manufactures contact points for telecommunication devices such as walkie talkies that require gold electroplating. In view of the aforesaid financial assistance extended by OFM, MIHO will in turn provide surface finishing services on an exclusive basis to OFM. MIHO will also give a discounted price from market rate for all its surface finishing services to OFM. With the discount and also the production capacity commitment given by MIHO to OFM, the support by MIHO to OFM will assist OFM to continue to be competitive and ensure its product delivery commitment to its customers. 3. Risk Factors As at September 30, 2012, OFM had ceased to provide further financial assistance to MIHO. MIHO had started repayment since the 4th Quarter of 2012 and the management of OFM had received an Undertaking Letter dated May 28, 2013 from MIHO to settle the amount outstanding by July 2013. 4. Approvals Required The provision of financial assistance is not subject to the approval of the shareholders of LNGRES and any approvals from the relevant authorities. 5. Financial Effects The provision of the said financial assistance does not have any material financial effect to the net assets, earnings per share, gearing, share capital and substantial shareholders’ shareholding in LNGRES Group for the financial period ended March 31, 2013. 6. Directors and Substantial Shareholders’ Interest Mr. Yong Chan Cheah and Mr. Yong Swee Chuan, who are major shareholders of LNGRES and directors of OFM, were interested in the provision of financial assistance since February 6, 2013 when they became major shareholders of LNGRES, by virtue of Mr. Chew Tin Hor (a Director and the major shareholder of MIHO) being the spouse of their sister. As at todate, none of the Directors and/or major shareholders of LNGRES and/or persons connected with them, has any interest, direct or indirect, in the provision of financial assistance as Mr Chew Tin Hor has ceased as a Director and major shareholder of MIHO as at May 27, 2013. 7. Statement by the Board of Directors The financial assistance to MIHO existed prior to the acquisition of OFM by LNGRES, and the Board is of the opinion that it is in the best interest of the Group that the financial assistance be terminated. As such, MIHO has provided an Undertaking Letter to OFM to settle the outstanding amount by July 2013. 8. Departure from Policies and Guidelines on Issue/Offer of Securities of the Securities Commission (“Guidelines”) To the best knowledge of the Board, the provision of financial assistance has not departed from the Guidelines.
| |||||||
CBSA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | CBSA BERHAD |
| Stock Name | CBSA |
| Date Announced | 31 May 2013 |
| Category | General Announcement |
| Reference No | MI-130531-61046 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | CBSA BERHAD (“CBSA” OR THE “COMPANY”) OFFER BY MAJUJAYA 2013 SDN BHD (“MAJUJAYA”) TO ACQUIRE THE SEARCH AND ADVERTISING BUSINESS SEGMENT OF CBSA FOR AN AGGREGATE PURCHASE CONSIDERATION OF RM120 MILLION (“OFFER”) |
Reference is made to the announcements dated 1 March 2013 and 12 March 2013 in relation to the Offer (“Offer Announcements”). For consistency, the abbreviations used throughout this announcement are the same as those previously defined in the Offer Announcements. On behalf of the Board, RHB Investment Bank wishes to announce that CBSA and Majujaya had on 31 May 2013 mutually agreed to extend the Cut-Off Date until 12 July 2013 in order for both parties to work towards completing the Due Diligence Exercise and executing the SPA. This announcement is dated 31
May 2013. | |
MTRONIC - MATERIAL LITIGATION
| Company Name | METRONIC GLOBAL BERHAD |
| Stock Name | MTRONIC |
| Date Announced | 31 May 2013 |
| Category | General Announcement |
| Reference No | MG-130531-61682 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | METRONIC GLOBAL BERHAD (“MGB” or “COMPANY”) Kuala Lumpur High Court Winding Up Petition No. 28NCC-362-04/2013 Mandarin Opto-Medic Sdn Bhd (“Petitioner”) vs. Metronic Engineering Sdn Bhd (“MESB”) (“Respondent”) |
Reference is made to the Company’s announcements dated 15 March 2013 and 18 April 2013. On the 29 May 2013, solicitor for Mandarin Opto-Medic Sdn Bhd informed the Court that they shall be withdrawing the said Petition on 5 July 2013 on the account of High Court of Shah Alam granting Order of Stay of Execution, pending disposal of MESB’s Appeal to the Court of Appeal. This announcement is dated 31 May 2013. | |
MTRONIC - Quarterly rpt on consolidated results for the financial period ended 31/3/2013
| Company Name | METRONIC GLOBAL BERHAD |
| Stock Name | MTRONIC |
| Date Announced | 31 May 2013 |
| Category | Financial Results |
| Reference No | MG-130531-38170 |
| Financial Year End | 31/12/2013 |
| Quarter | 1 |
| Quarterly report for the financial period ended | 31/03/2013 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/03/2013 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 8,205 | 9,315 | 8,205 | 9,315 |
| 2 | Profit/(loss) before tax | -1,263 | 6,941 | -1,263 | 6,941 |
| 3 | Profit/(loss) for the period | -1,063 | 6,941 | -1,063 | 6,941 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | -1,108 | 6,492 | -1,108 | 6,942 |
| 5 | Basic earnings/(loss) per share (Subunit) | -0.17 | 1.02 | -0.17 | 1.02 |
| 6 | Proposed/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 ($$) | 0.0544 | 0.0544 | ||
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:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
MTRONIC - OTHERS METRONIC GLOBAL BERHAD (“MGB” OR “COMPANY”) OUTSTANDING RELATED PARTY RECEIVABLE
| Company Name | METRONIC GLOBAL BERHAD |
| Stock Name | MTRONIC |
| Date Announced | 31 May 2013 |
| Category | General Announcement |
| Reference No | MG-130531-63802 |
| Type | Announcement | ||||||||||||||||||||
| Subject | OTHERS | ||||||||||||||||||||
| Description | METRONIC GLOBAL BERHAD (“MGB” OR “COMPANY”) OUTSTANDING RELATED PARTY RECEIVABLE | ||||||||||||||||||||
Further to our announcements made on even dates pertaining to the outstanding related party receivables of the Company, the Company wishes to announce the following:- (i) Total outstanding from related party trade
receivables as at 31 March 2013 are as follows:-.
The amount has been fully provided for impairment in the previous financial year ended 31 December 2012. (ii) Steps taken or proposed to be taken by the listed issuer to recover the related party receivables The related party receivables have been regularly reviewed
and discussed by the Audit Committee and the Board of Directors, and action
plan had been formulated to recover the receivables that includes the
followings:- a) Actively meet and negotiate with related
parties and JKR to pursue the outstanding receivables; b) Contra the receivables against payables with
the same related parties; c) Obtained consent from the Main Contractor
Related Party to proceed with the certification and collection directly from
Ministry of Health (“MOH”), Ministry of Finance (“MOF”) and Jabatan Kerja Raya
(“JKR”). The claim is pending
certification by JKR before submitting to MOF for approval; d) Obtained a Deed of Assignment from the Main
Contractor Related Party to pursue the receivables directly from the Government
of Malaysia; e) Filed proof of debt to Jabatan Insolvensi
Malaysia / the Liquidator; and f) To
pursue recovery through legal recourse. g) Following the engagement with Bursa Malaysia, Ferrier Hodgson MH Sdn Bhd has been appointed on 15 March 2013 as an Investigative Accountant to conduct a thorough review on the long outstanding related party receivables. The said review is expected to complete in June 2013. (iii) Expected timeframe to fully recover the
related party receivables as specified in item (i) The Company is not able to determine the expected timeframe to fully recover the amount since the payment due from Main Contractor Related Party is subject to finalization of the claim certification by JKR and the subsequent disbursement of payment from the Ministry of Finance. The Company will continue with its effort to recover the outstanding related party receivables. | |||||||||||||||||||||
EFFICEN - GENERAL MEETINGS: NOTICE OF MEETING
| Company Name | EFFICIENT E-SOLUTIONS BERHAD |
| Stock Name | EFFICEN |
| Date Announced | 31 May 2013 |
| Category | General Meetings |
| Reference No | CM-130528-33672 |
| Type of Meeting | AGM |
| Indicator | Notice of Meeting |
| Description | Notice of 10th Annual General Meeting |
| Date of Meeting | 27/06/2013 |
| Time | 10:00 AM |
| Venue | Ballroom III, Tropicana Golf & Country Resort, Jalan Kelab Tropicana, 47410 Petaling Jaya, Selangor Darul Ehsan |
| Date of General Meeting Record of Depositors | 14/06/2013 |
FASTRAK - GENERAL MEETINGS: NOTICE OF MEETING
| Company Name | FAST TRACK SOLUTION HOLDINGS BERHAD (ACE Market) |
| Stock Name | FASTRAK |
| Date Announced | 31 May 2013 |
| Category | General Meetings |
| Reference No | CC-130527-38623 |
| Type of Meeting | AGM |
| Indicator | Notice of Meeting |
| Description | NOTICE OF THE TENTH ANNUAL GENERAL MEETING ("10TH AGM") |
| Date of Meeting | 26/06/2013 |
| Time | 10:00 AM |
| Venue | Machang Room, Level 2, Hotel Equatorial Melaka, Bandar Hilir, 75000 Melaka. |
| Date of General Meeting Record of Depositors | 19/06/2013 |
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