June 14, 2013

Company announcements: IRIS, RGB, MTRONIC, INSBIO, N2N, CIMB, FABER, DRBHCOM, BURSA, PJDEV

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

Announcement Type: General Announcement
Company NameIRIS CORPORATION BERHAD (ACE Market) 
Stock Name IRIS  
Date Announced14 Jun 2013  
CategoryGeneral Announcement
Reference NoIC-130614-54235

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionA RELATED PARTY TRANSACTION IN RESPECT OF CUSTOMIZATION WORK ON THE SMOS OPERATING SYSTEM TO IRIS CORPORATION BERHAD (“ICB”) BY MCS MICROSYSTEMS SDN. BHD. (“MCS”) FOR A TOTAL CASH CONSIDERATION OF RM813,807.27

Pursuant to Rule 10.08(1) of Bursa Malaysia Securities Berhad’s Ace Market Listing Requirements, the Board of Directors (“Board”) of IRIS Corporation Berhad (“IRIS”, or “the Group”) wishes to announce that the Group had entered into a related party transaction (“RPT”) of a revenue or trading nature with MCS Microsystems Sdn Bhd, a company in which a key management of IRIS has financial interest.

Nature of RPT

This RPT is amounting to RM813,807.27 and is in the ordinary course of business and are of revenue and trading in nature. These transactions are made on an arm's length basis and on normal commercial terms. These transactions are also not prejudicial to the interest of the shareholders and neither are they more favourable to the Related Party than those generally available to the public. These transactions are also not detrimental to the minority shareholders.

Information of MCS

MCS is a private limited company duly incorporated in Malaysia in 1999 under the Companies Act 1965 and is currently with an authorized share capital of 150,000 ordinary shares of RM1.00 each at par value of which 150,000 ordinary shares have been issued and fully paid up.

MCS is a well-known and established smart card technology provider which has it’s expertise in design and development of smart card operating systems, reader/technical modules, smart devices, derivatives and manufacturing process consultancy smart card devices since 2001.

RELATED PARTY TRANSACTION

This transaction is a related party transaction (“RPT”) under Chapter 10 of the ACE Market Listing Requirements of the Bursa Malaysia Securities Berhad (“ACE MLR”).The provision under Rule 10.08 (1) of ACE MLR shall apply wherein the highest percentage ratio of this RPT is 4.4%.

DIRECTORS AND MAJOR SHAREHOLDERS INTEREST

Mr Yap Hock Eng is a Founder Director and Key Management Executive of ICB and is deemed to have an interest in MCS. Save as disclosed above, none of the Directors and/or major shareholders of ICB and persons connected with the Directors of ICB and/or major shareholders of ICB have any interest, direct or indirect in this RPT.

APPROVAL REQUIRED 

This RPT is not subject to any approval of the shareholders of ICB and any government bodies in Malaysia.

FINANCIAL EFFECT OF THE ACQUISITION

The above transaction will not have any material effect on the issued, paid up share capital, substantial shareholder’s holding, earnings, earnings per share, net assets per share, and gearing of the ICB Group.

SOURCES OF FUNDING

The Transaction will be funded by internally generated funds.

STATEMENT BY DIRECTORS

The Board of Directors of the Group, have considered all aspects of the transaction and are of the opinion that the transaction is established under normal commercial terms and is in the best interest of the Company and not to the detriment of the minority shareholders.


This announcement is made on 14th June 2013.

 

 

 

 

 

 

 

 

 

 



RGB - OTHERS Issuance of Unrated Commercial Papers (“CPs”)/Medium Term Notes (“MTNs”) Programme of up to RM73.0 million in Nominal Value (“CP/MTN Programme”)

Announcement Type: General Announcement
Company NameRGB INTERNATIONAL BHD  
Stock Name RGB  
Date Announced14 Jun 2013  
CategoryGeneral Announcement
Reference NoCC-130614-0D419

TypeAnnouncement
SubjectOTHERS
DescriptionIssuance of Unrated Commercial Papers (“CPs”)/Medium Term Notes (“MTNs”) Programme of up to RM73.0 million in Nominal Value (“CP/MTN Programme”)

Kindly refer to the attachment marked <<RGB 130614-CPMTN-Issuance.pdf>> for details of the announcement.

This announcement is dated 14 June 2013.


MTRONIC - Changes in Sub. S-hldr's Int. (29B) - Tan Lian Hong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMETRONIC GLOBAL BERHAD  
Stock Name MTRONIC  
Date Announced14 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130614-87C29

Particulars of substantial Securities Holder

NameTan Lian Hong
AddressNo. 8 Jalan Impian Perdana 1, Impian Golf Saujana, Kajang, 43000 Selangor Darul Ehsan
NRIC/Passport No/Company No.870212-14-5201
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderAlliance Group Nominees (Tempatan) Sdn Bhd
(Pledged Securities Account for Tan Lian Hong)
Menara Multi Purpose
Capital Square
8 Jalan Munshi Abdullah
50100 Kuala Lumpur, Wilayah Persekutuan (KL)

OSK Nominees (Tempatan) Sdn Bhd
(Pledged Securities Account for Tan Lian Hong)
10th Floor, Plaza OSK
Jalan Ampang, 50450 Kuala Lumpur, Wilayah Persekutuan (KL).

Tan Lian Hong
No. 8, Jalan Impian Perdana 1
Impian Golf Saujana, Kajang
43000 Selangor Darul Ehsan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired13/06/2013
1,000,000
 

Circumstances by reason of which change has occurredAcquisition of shares via open market transaction.
Nature of interestDirect
Direct (units)65,453,700 
Direct (%)10.31 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change65,453,700
Date of notice13/06/2013


INSBIO - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company NameINS BIOSCIENCE BERHAD (ACE Market) 
Stock Name INSBIO  
Date Announced14 Jun 2013  
CategoryChange Of Company Secretary
Reference NoCC-130603-65626

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
Date of change14/06/2013
Type of changeResignation
DesignationSecretary
License no.
NameCheng Siew Chen
Working experience and occupation during past 5 years


N2N - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameN2N CONNECT BERHAD (ACE Market) 
Stock Name N2N  
Date Announced14 Jun 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-130614-3B2C0

Date of buy back14/06/2013
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)20,000
Minimum price paid for each share purchased ($$)0.420
Maximum price paid for each share purchased ($$)0.420
Total consideration paid ($$)8,400.00
Number of shares purchased retained in treasury (units)20,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)2,896,300
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 (%)0.966


CIMB - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameCIMB GROUP HOLDINGS BERHAD  
Stock Name CIMB  
Date Announced14 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCG-130614-55862

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") - Employees Provident Fund Board
Citigroup - Employees Provident Fund Board (AMUNDI)
Citigroup - Employees Provident Fund Board (KIB)
Citigroup - Employees Provident Fund Board (HDBS)
Citigroup - Employees Provident Fund Board (RHB INV)
Citigroup - Employees Provident Fund Board (AM INV)
Citigroup - Employees Provident Fund Board (MAYBAN)
Citigroup - Employees Provident Fund Board (ALLIANCE)
Citigroup - Employees Provident Fund Board (NOMURA)
Citigroup - Employees Provident Fund Board (PHEIM)
Citigroup - Employees Provident Fund Board (CIMB PRI)
Citigroup - Employees Provident Fund Board (ARIM)
Citigroup - Employees Provident Fund Board (TEMPLETON)
Citigroup - Employees Provident Fund Board (ABERDEEN)

- Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired11/06/2013
5,566,900
 

Circumstances by reason of which change has occurred- Citigroup - EPF Board - Acquisition of 5,566,900 shares
Nature of interestDirect
Direct (units)931,975,532 
Direct (%)12.24 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change931,975,532
Date of notice12/06/2013

Remarks :
Notice received on 14 June 2013.

c.c. Securities Commission.


FABER - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company NameFABER GROUP BERHAD  
Stock Name FABER  
Date Announced14 Jun 2013  
CategoryGeneral Announcement
Reference NoFG-130613-64083

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionMembers’ Voluntary Winding-Up of Sehat Technologies Sdn Bhd

Faber Group Berhad (“FGB”) wishes to announce that Sehat Technologies Sdn Bhd (“Sehat”), a 51%-owned subsidiary of Faber Healthcare Management Sdn Bhd, which in turn is a wholly-owned subsidiary of FGB had been placed under members’ voluntary winding-up pursuant to Section 254(1)(b) of the Companies Act, 1965 on 14 June 2013.

Sehat was incorporated in Malaysia on 19 September 2002 and it has ceased operations on 31 March 2007. The authorised share capital of Sehat is RM5,000,000.00 comprising 5,000,000 ordinary shares of RM1.00 each of which 500,000 ordinary shares have been issued and fully paid up.

The voluntary winding-up of Sehat is to rationalise and streamline FGB Group’s structure.

Sehat had appointed Mr. Heng Ji Keng and Mr. Michael Joseph Monteiro of Messrs Ferrier Hodgson MH Sdn Bhd, Baker Tilly MH Tower, Level 10, Tower 1, Avenue 5, Bangsar South City, 59200 Kuala Lumpur as the joint and several Liquidators for the purpose of the voluntary winding-up.

The voluntary winding-up of Sehat has no material effect on the earnings per share and net assets per share of the FGB Group for the financial year ending 31 December 2013.

None of the Directors, Major Shareholders of FGB or persons connected with them, has any interest, direct or indirect in the voluntary winding-up.

This announcement is dated 14 June 2013.



DRBHCOM - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameDRB-HICOM BERHAD  
Stock Name DRBHCOM  
Date Announced14 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoDD-130614-AB2CC

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND BOARD
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Level 42 Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed10/06/2013
1,176,900
 
Disposed11/06/2013
692,500
 

Circumstances by reason of which change has occurredDisposal of shares by Citigroup Nominees (Tempatan) Sdn Bhd
Nature of interestDirect
Direct (units)1,869,400 
Direct (%)8.026 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change155,160,600
Date of notice14/06/2013


BURSA - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc. ("MUFG")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBURSA MALAYSIA BERHAD  
Stock Name BURSA  
Date Announced14 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBM-130614-DB30E

Particulars of substantial Securities Holder

NameMitsubishi UFJ Financial Group, Inc. ("MUFG")
Address7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, 100-8330, Japan
NRIC/Passport No/Company No.Nil
Nationality/Country of incorporationJapan
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1. HSBC Nominees (Asing) Sdn Bhd
BNP Paribas SECS SVS LUX for Aberdeen Global
No. 2, Leboh Ampang
50100 Kuala Lumpur

2. HSBC Nominees (Asing) Sdn Bhd
Exempt AN for BNP Paribas Securities Services (Singapore-SGD)
No. 2, Leboh Ampang
50100 Kuala Lumpur

3. Citigroup Nominees (Asing) Sdn Bhd
SBL Exempt AN for UBS AG
44th Floor, Menara Citibank
165, Jalan Ampang
50450 Kuala Lumpur

4. Cartaban Nominees (Asing) Sdn Bhd
SSBT Fund DRPH for Aberdeen Asia-Pacific Smaller Companies Fund
Level 16, Menara Standard Chartered
No. 30, Jalan Sultan Ismail
50250 Kuala Lumpur

5. AMSEC Nominees (Tempatan) Sdn Bhd
Aberdeen Asset Management Sdn Bhd for Tenaga Nasional Berhad Retirement Benefit Trust Fund (FM-Aberdeen)
15th Floor, Bangunan Ambank Group
55, Jalan Raja Chulan
50200 Kuala Lumpur

6. Maybank Nominees (Tempatan) Sdn Bhd
Aberdeen Asset Management Sdn Bhd for Malaysian Timber Council (Endowment Fund)
14th Floor, Menara Maybank
100, Jalan Tun Perak
50050 Kuala Lumpur

7. Maybank Nominees (Tempatan) Sdn Bhd
Aberdeen Asset Management Sdn Bhd for Malaysian Timber Council (Operating Fund)
14th Floor, Menara Maybank
100, Jalan Tun Perak
50050 Kuala Lumpur

8. Cartaban Nominees (Asing) Sdn Bhd
BBH (LUX) SCA for the Master Trust Bank of Japan, Ltd. as Trustee of MUAM ASEAN Stock Open
Level 16, Menara Standard Chartered
No. 30, Jalan Sultan Ismail
50250 Kuala Lumpur

9. HSBC Nominees (Asing) Sdn Bhd
Morgan Stanley & Co. International PLC (Firm A/C)
No. 2, Leboh Ampang
50100 Kuala Lumpur

10. Cartaban Nominees (Asing) Sdn Bhd
SSBT Fund MHUE for Morgan Stanley Institutional Fund, Inc. - Asian Equity Portfolio
Level 16, Menara Standard Chartered
No. 30, Jalan Sultan Ismail
50250 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired10/06/2013
300
 

Circumstances by reason of which change has occurredAcquired in the ordinary course of sales and trading business by Morgan Stanley Group (Account No. 9)
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)300 
Indirect/deemed interest (%)
Total no of securities after change28,147,758
Date of notice14/06/2013

Remarks :
MUFG has deemed interest in 28,147,758 ordinary shares of RM0.50 each representing 5.29% shareholding in Bursa Malaysia Berhad ("Bursa") by virtue of the following:-

(a) 24,116,900 Bursa shares in Account No. 1 to 7 are held by Aberdeen Asset Management PLC (“Aberdeen”) and its subsidiaries, of which MUFG's wholly-owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holds more than 15% interest in shares of Aberdeen;
(b) 3,865,800 Bursa shares in Account No. 8 are held by Mitsubishi UFJ Asset Management Co. Ltd. (“MUAM”), being wholly-owned subsidiary of MUFG; and
(c) 165,058 Bursa shares in Account No. 9 and 10 are held by Morgan Stanley Group, of which MUFG holds more than 15% interest in shares of Morgan Stanley Group.

This announcement is made based on Form 29B dated 13 June 2013 which was submitted by MUFG to Bursa on 14 June 2013.


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

Announcement Type: General Announcement
Company NamePJ DEVELOPMENT HOLDINGS BERHAD  
Stock Name PJDEV  
Date Announced14 Jun 2013  
CategoryGeneral Announcement
Reference NoPD-130614-60997

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPJ Development Holdings Berhad ("PJD" or the "Company")

Pursuant to Paragraph 14.09(a) of Bursa Malaysia Main Market Listing Requirement, the Company wishes to announce that the following Director has given notice of changes to his interest in the Company during outside closed period as set out in the Table hererunder.

Name of Director(s)/ Officer(s)

Type of Interest

Date of Transacted

No. of Securities Acquired

Percentage of Securities Acquired

Yap Yoon Kong

Deemed

13.06.2013

60,000 Ordinary Shares of RM1.00 each

0.013



No comments:

Post a Comment