OPCOM - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD
Announcement Type: General Announcement
| Company Name | OPCOM HOLDINGS BERHAD (ACE Market) |
| Stock Name | OPCOM |
| Date Announced | 28 Jun 2013 |
| Category | General Announcement |
| Reference No | OH-130628-BE321 |
| Type | Announcement | ||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD | ||||||||||||
| Description | Dealings During Closed Period | ||||||||||||
This is to notify that the Company has received notification from the following director of the Company of his dealing in the securities of the Company during closed period. This notice is made in accordance to Rule 14.08 of Bursa Malaysia Securities Berhad ACE Market Listing Requirements. The details of the dealings are as follows:-
This announcement is dated 28 June 2013. | |||||||||||||
MEXTER - MATERIAL LITIGATION
Announcement Type: General Announcement
| Company Name | MEXTER TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | MEXTER |
| Date Announced | 28 Jun 2013 |
| Category | General Announcement |
| Reference No | CA-130628-78D5B |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | MEXTER TECHNOLOGY BERHAD (“MEXTER” OR “COMPANY”) • CIVIL SUIT IN THE PENANG HIGH COURT (CIVIL SUIT NO. MT1-22-527-2007) AGAINST TAN KIM BOON, TAN KIM KHENG, LO MOOI LEE, ANG CHAI KHEE, OTTUS SDN BHD AND OUNG LAY CHOON (HEREINAFTER REFERRED TO AS THE “DEFENDANTS”) |
Further to the Company’s announcement made on 26 April 2013, the Board of Directors of Mexter (“Board”) wishes to update that during the trial conducted on 28 June 2013, the Judge in open Court has further fixed the following dates for trial:- 1) 22, 23 August 2013 2) 2, 3, 4 September 2013 This announcement is dated 28 June 2013.
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ETITECH - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
| Company Name | ETI TECH CORPORATION BERHAD |
| Stock Name | ETITECH |
| Date Announced | 28 Jun 2013 |
| Category | General Announcement |
| Reference No | CC-130628-63589 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | ETI TECH CORPORATION BERHAD (“ETITECH” OR “THE COMPANY”) PROPOSED DISPOSAL OF A WHOLLY-OWNED INDIRECT SUBSIDIARY TO MUSYARAKAH EQUITY VENTURE SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM5,878,000.00 |
1. INTRODUCTION
2. DETAILS OF THE PROPOSED DISPOSAL 2.1 Information on Power Mac
The Proposed Disposal will entail the disposal by ETI-M of the Sale Shares, representing the entire equity interest in Power Mac to the Purchaser for a total cash consideration of RM5,878,000.00 (“Disposal Consideration”). 2.2 Information of the Purchaser
MEV is an investment holding company under the Musharaka group of companies. The Musharaka Group is principally involved in private equity investments where they acquire companies with potential growth in local and overseas market.
(a) the rationale for the Proposed Disposal (b) the original cost of investment amounting to RM1,000,000.00. (c) the net assets of Power Mac amounting to RM5,878,467.00, after the issuance of the Allotment Shares. The Disposal Consideration represents a discount of RM467.00 over the net assets of Power Mac. 2.4 Salient terms of the SPAs The salient terms of the SPA for the Proposed Disposal are as follows:
Upon signing of the SPA, the Purchaser shall pay ETI-M, a sum of RM58,780.00 as initial deposit and part payment towards the Disposal Consideration. Upon the issuance of the Allotment Shares, a further sum of RM529,020.00 being the balance deposit shall be paid to ETI-M and the balance Disposal Consideration shall be paid within 2 months after all conditions as stated in the SPA are fulfilled. 2.4.2 Conditions Precedent
(b) A board meeting and/or extraordinary general meeting of Power Mac are convened and duly held at which valid resolutions are passed for the increase of authorised share capital and issuance of Allotment Shares. (c) A board meeting of the Purchaser is convened and duly held at which valid board resolution is passed for approving the transactions in the SPA and authorizing directors to take all steps necessary to complete the SPA (d) An extraordinary general meeting of ETI-M and ETITECH are convened and duly held at which valid resolutions are passed to approve the transactions in the SPA and authorizing the directors to take all steps to complete the SPA (including but not limited to issuing necessary letters/instructions to put effect the Sale Shares transfer and the resignation of directors) (e) The granting by any relevant authorities of any necessary consent required for the completion of the SPA or for any matters or actions contemplated by this SPA. In the event that such consent could not be obtained due to whatsoever cause or reason, the Purchaser shall have the absolute right to determine the SPA by notice in writing to ETI-M, thereupon all monies paid under the SPA shall be refunded to the Purchaser within 14 days thereafter. (f) The SPA shall become unconditional upon the fulfillment of the conditions precedent stated above.
(b) ETI-M is entitled to transfer the full legal and beneficial ownership of the Sale Shares to the Purchaser on the terms of the SPA without the prior written consent of any other person or company. (c) ETI-M has disclosed to the Purchaser all outstanding debt or liabilities owed by Power Mac to any other person or company. (d) ETI-M shall settle and meet all tax obligations imposed by the Tax Authority arising out of the sale of the Sale Shares or otherwise and shall furnish the proof of payment to the Tax Authority within 14 days of assessment of liability to tax by the Tax Authority (if applicable). 2.4.4 Pre-emption Rights ETI-M shall procure that parties affected waive all their pre-emption rights they may have with respect to the Sale Shares the subject of the sale and purchase to be effected pursuant to the SPA. The Purchaser will not assume any liabilities, including contingent liabilities and guarantees, arising from the Proposed Disposal. 2.6 Original cost of investment The original cost of investment by ETI-M in Power Mac between 21 March 2005 to 08 November 2012 amounting to RM1,000,000.00. 2.7 Expected gain arising from the Proposed Disposal There were none. 3. RATIONALE The Proposed Disposal is in line with the business strategies of ETITECH to focus on its principal activity in design and development of Green and Renewable Energy. All its manufacturing activities will be outsourced in future. The proceeds from the Proposed Disposal will be utilized for working capital purposes within 12 months from the date of completion of the Proposed Disposal. 5. RISK FACTORS
6. FINANCIAL EFFECTS The Proposed Disposal will not have any effect on the share capital of ETITECH. The Proposed Disposal will not have any effect on the substantial shareholders’ shareholding of ETITECH. 6.3 Net Assets (“NA”) and gearing
The Proposed Disposal is not expected to have any material effect on the consolidated earnings for the financial year ending 28 February 2014. 7. APPROVALS REQUIRED The Proposed Disposal is conditional upon the approval/consent being obtained from the shareholders of ETITECH for the Proposed Disposal at an extraordinary general meeting to be convened. 8. INTEREST OF DIRECTORS, MAJOR SHAREHOLDERS AND PERSONS CONNECTED TO THEM None of the Directors and major shareholders of ETITECH, and any persons connected to the Directors and major shareholders has any interest, direct or indirect, in the Proposed Disposal. The highest percentage ratio for the Proposed Disposal pursuant to paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Securities is 55%. The Board, having considered all aspects of the Proposed Disposal, is of the opinion that the Proposed Disposal is in the best interests of the Company. Barring any unforeseen circumstances, the Proposed Disposal is expected to be completed by 4th quarter of 2013. 12. DOCUMENTS FOR INSPECTION The SPA is available for inspection during the office hours from 8.30 a.m. to 6.00 p.m. from Mondays to Fridays (except for public holidays) at the registered office of ETITECH at 51-21-A Menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 Penang for a period of three (3) months from the date of this announcement. | |
FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Announcement Type: General Announcement
| Company Name | FTSE BURSA MALAYSIA KLCI ETF |
| Stock Name | FBMKLCI-EA |
| Date Announced | 28 Jun 2013 |
| Category | General Announcement |
| Reference No | FB-130628-9A98B |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | FTSE Bursa Malaysia KLCI etf - Valuation Point as at 28 June 2013 |
Fund: FTSE Bursa Malaysia KLCI etf | |
CIMB - OTHERS JOINT VENTURE BETWEEN CIMB STRATEGIC ASSETS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CIMB GROUP HOLDINGS BERHAD, AND HLFG PRINCIPAL INVESTMENTS (L) LIMITED, A WHOLLY-OWNED SUBSIDIARY OF HONG LEONG FINANCIAL GROUP BERHAD
Announcement Type: General Announcement
| Company Name | CIMB GROUP HOLDINGS BERHAD |
| Stock Name | CIMB |
| Date Announced | 28 Jun 2013 |
| Category | General Announcement |
| Reference No | CG-130628-33D60 |
| Type | Announcement |
| Subject | OTHERS |
| Description | JOINT VENTURE BETWEEN CIMB STRATEGIC ASSETS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CIMB GROUP HOLDINGS BERHAD, AND HLFG PRINCIPAL INVESTMENTS (L) LIMITED, A WHOLLY-OWNED SUBSIDIARY OF HONG LEONG FINANCIAL GROUP BERHAD |
CIMB Group Holdings Berhad (“CIMB Group”) is pleased to announce a joint venture between CIMB Strategic Assets Sdn Bhd (“CIMBSA”), a wholly-owned subsidiary of CIMB Group, and HLFG Principal Investments (L) Limited (“HLFGPI”), a wholly-owned subsidiary of Hong Leong Financial Group Berhad (“HLFG”), in respect of their 50% : 50% shareholding respectively of the following entity (“Joint Venture”): (i) Bangsar Capital Holdings (L) Limited (“Bangsar Capital’) The joint-venture will be incorporated in Labuan and will act as an investment holding company dedicated to establishing and managing a private equity fund. None of the Directors and major shareholders of CIMB Group and or any persons connected with them have any interest, direct or indirect, in the joint venture. This announcement is dated 28 June 2013. c.c. Securities Commission
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SUMATEC - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | SUMATEC RESOURCES BERHAD |
| Stock Name | SUMATEC |
| Date Announced | 28 Jun 2013 |
| Category | Change in Boardroom |
| Reference No | CC-130625-A1A01 |
| Date of change | 28/06/2013 |
| Name | Y. Bhg. Dato' Mohd Paudzi Bin Ismail |
| Age | 66 |
| Nationality | Malaysian |
| Type of change | Retirement |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Qualifications | Masters in Business Administration majoring in Finance from Catholic University of Leuven, Belgium and a Bachelor in Economics Degree from University of Malaya. |
| Working experience and occupation | Dato' Mohd Paudzi was the General Manager of the State Economic Development Corporation Terengganu. During his 34 years tenure with the Corporation, he was exposed to a varied experience in both public and private sectors. He has represented the Corporation and the Terengganu State Government as a board member on numerous companies, listed and non-listed, in various sectors including plantation, mining, property development and services. |
| Directorship of public companies (if any) | None |
| Family relationship with any director and/or major shareholder of the listed issuer | None |
| Any conflict of interests that he/she has with the listed issuer | None |
| Details of any interest in the securities of the listed issuer or its subsidiaries | None |
| Remarks : |
| Y. Bhg. Dato' Mohd Paudzi Bin Ismail did not wish to seek for re-election at the 16th Annual General Meeting concluded on 28 June 2013. |
TRINITY - GENERAL MEETINGS: NOTICE OF MEETING
Announcement Type: General Meetings
| Company Name | TRINITY CORPORATION BERHAD |
| Stock Name | TRINITY |
| Date Announced | 28 Jun 2013 |
| Category | General Meetings |
| Reference No | TC-130627-41790 |
| Type of Meeting | AGM |
| Indicator | Notice of Meeting |
| Description | TRINITY CORPORATION BERHAD NOTICE OF 88TH ANNUAL GENERAL MEETING |
| Date of Meeting | 23/07/2013 |
| Time | 11:30 AM |
| Venue | Perdana Ballroom Pandan Lake Club Lot 28, Jalan Perdana 3/8 Pandan Perdana 55300 Kuala Lumpur |
| Date of General Meeting Record of Depositors | 17/07/2013 |
TRINITY - Quarterly rpt on consolidated results for the financial period ended 30/4/2013
Announcement Type: Financial Results
| Company Name | TRINITY CORPORATION BERHAD |
| Stock Name | TRINITY |
| Date Announced | 28 Jun 2013 |
| Category | Financial Results |
| Reference No | TC-130620-0943B |
| Financial Year End | 31/01/2014 |
| Quarter | 1 |
| Quarterly report for the financial period ended | 30/04/2013 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION30/04/2013 |
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 | 21,782 | 51,118 | 21,782 | 51,118 |
| 2 | Profit/(loss) before tax | -1,925 | -1,224 | -1,925 | -1,224 |
| 3 | Profit/(loss) for the period | -1,667 | -936 | -1,667 | -936 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | -900 | -549 | -900 | -549 |
| 5 | Basic earnings/(loss) per share (Subunit) | -0.02 | -0.01 | -0.02 | -0.01 |
| 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 ($$) | 0.1400 | 0.1400 | ||
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:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
TRINITY - OTHERS TRINITY CORPORATION BERHAD ("TRINITY" or "the Company") OUTSTANDING RELATED PARTY RECEIVABLES
Announcement Type: General Announcement
| Company Name | TRINITY CORPORATION BERHAD |
| Stock Name | TRINITY |
| Date Announced | 28 Jun 2013 |
| Category | General Announcement |
| Reference No | TC-130620-7387B |
| Type | Announcement |
| Subject | OTHERS |
| Description | TRINITY CORPORATION BERHAD ("TRINITY" or "the Company") OUTSTANDING RELATED PARTY RECEIVABLES |
The Company wishes to announce the status of the outstanding related party receivables as at 30 April 2013. Please refer to the Attachment for the details. | |
TANCO - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
| Company Name | TANCO HOLDINGS BERHAD |
| Stock Name | TANCO |
| Date Announced | 28 Jun 2013 |
| Category | General Announcement |
| Reference No | TH-130626-0BABD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROPOSED DISPOSAL OF ONE (1) PIECE OF FREEHOLD AND VACANT LAND IDENTIFIED AS HS(D) 13103 PT 2790, MUKIM PASIR PANJANG, DAERAH PORT DICKSON, NEGERI SEMBILAN BY PALM SPRINGS DEVELOPMENT SDN BHD TO CWH MARKETING SDN BHD (“PROPOSED DISPOSAL”) |
We refer to the abovementioned Proposed Disposal. Please refer to the attachment for the full announcement. This announcement is dated 28 June 2013. | |
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