GENETEC - OTHERS GENETEC TECHNOLOGY BERHAD (''GENETEC'' OR THE ''COMPANY'') - LETTER OF INTENT FOR THE PROPOSED DISPOSAL OF CERTAIN ASSETS OF IP SYSTEMS, INC.
| Company Name | GENETEC TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | GENETEC |
| Date Announced | 18 Jul 2013 |
| Category | General Announcement |
| Reference No | GT-130718-67599 |
| Type | Announcement |
| Subject | OTHERS |
| Description | GENETEC TECHNOLOGY BERHAD (''GENETEC'' OR THE ''COMPANY'') - LETTER OF INTENT FOR THE PROPOSED DISPOSAL OF CERTAIN ASSETS OF IP SYSTEMS, INC. |
The Board of Genetec (“Board”) wishes to inform that the Company and its 60%-owned indirect subsidiary, namely IP Systems, Inc (“IPS”), incorporated in the United States of America (“USA”), which is directly held by Genetec Global Technologies, Inc. (“GGT”), a wholly-owned subsidiary of Genetec, has on 18 July 2013 signed a Letter of Intent from Springs Fabrication, Inc. (“SFI”) (“Purchaser”) expressing SFI’s intention to acquire certain assets and operations of IPS (“Subject Assets”) from IPS and, to the extent necessary, such shareholders of IPS (“Sellers”) for an aggregate cash consideration of USD 200,000.00 only or approximately RM620,000.00 only (based on an exchange rate of RM3.10 for every USD1.00) (“Disposal Price”) (“Proposed Disposal”) (“LOI”). Please refer to the attached file for the details of the Proposed Disposal. This announcement is dated 18 July 2013. | |
TDM - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | TDM BERHAD |
| Stock Name | TDM |
| Date Announced | 18 Jul 2013 |
| Category | General Announcement |
| Reference No | CK-130718-5A2B0 |
| Type | Announcement | ||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||
| Description | Pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad on dealings in securities, TDM Berhad had received notification from Dato' Haji Abdul Razak Bin Ismail, a Director, in relation to his disposal of shares. Kindly refer to the table below for further information. | ||||||||||||
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TDM - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | TDM BERHAD |
| Stock Name | TDM |
| Date Announced | 18 Jul 2013 |
| Category | General Announcement |
| Reference No | CK-130718-7BE15 |
| Type | Announcement | ||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||
| Description | Pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad on dealings in securities, TDM Berhad had received notification from Datuk Haji Roslan Bin Awang Chik, a Director, in relation to his disposal of shares. Kindly refer to the table below for further information. | ||||||||||||
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TDM - Changes in Director's Interest (S135) - Dato' Haji Abdul Razak Bin Ismail
| Company Name | TDM BERHAD |
| Stock Name | TDM |
| Date Announced | 18 Jul 2013 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CK-130718-5A2BC |
Information Compiled By KLSE
Particulars of Director
| Name | Dato' Haji Abdul Razak Bin Ismail |
| Address | 1778 Taman Chendering Utama 21080 Kuala Terengganu Terengganu Darul Iman |
| Descriptions(Class & nominal value) | Ordinary Shares of RM0.20 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 300,000 | 0.802 |
| Circumstances by reason of which change has occurred | Disposal of Shares in the open market |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 1,480,000 |
| Direct (%) | 0.1 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 18/07/2013 |
TDM - Changes in Director's Interest (S135) - Datuk Haji Roslan Bin Awang Chik
| Company Name | TDM BERHAD |
| Stock Name | TDM |
| Date Announced | 18 Jul 2013 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CK-130718-7BE14 |
Information Compiled By KLSE
Particulars of Director
| Name | Datuk Haji Roslan Bin Awang Chik |
| Address | Lot 2797, Jalan Haji Busu 20400 Kuala Terengganu Terengganu Darul Iman |
| Descriptions(Class & nominal value) | Ordinary Shares of RM0.20 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 200,000 | 0.815 | |
Disposed | 100,000 | 0.820 | |
Disposed | 100,000 | 0.825 | |
Disposed | 100,000 | 0.840 | |
Disposed | 100,000 | 0.835 |
| Circumstances by reason of which change has occurred | Disposal of Shares in the open market |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 2,574,000 |
| Direct (%) | 0.17 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 18/07/2013 |
TDM - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | TDM BERHAD |
| Stock Name | TDM |
| Date Announced | 18 Jul 2013 |
| Category | General Announcement |
| Reference No | CK-130718-8C336 |
| Type | Announcement | ||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||
| Description | Pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad on dealings in securities, TDM Berhad had received notification from Encik Amir Mohd Hafiz Bin Amir Khalid, the Chief Financial Officer in relation to his disposal of shares. Kindly refer to the table below for further information. | ||||||||||||
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LSTEEL - OTHERS ACQUISITION BY LEADER STEEL SDN BHD (“LSSB”), A WHOLLY OWNED SUBSIDIARY OF LEADER STEEL HOLDINGS BERHAD (“LSTEEL” OR THE “COMPANY”) FROM EONMETALL SYSTEMS SDN BHD (“ESSB”), OF A PARCEL OF INDUSTRIAL LAND TOGETHER WITH AN ALMOST COMPLETED SINGLE-STOREY DETACHED FACTORY WITH AN OFFICE ERECTED THEREON HELD UNDER TITLE NO. GRN 77765, LOT NO. 1596, MUKIM 12, DAERAH SEBERANG PERAI SELATAN, PULAU PINANG (“THE PROPERTY”), FOR A CASH CONSIDERATION OF RM12,100,000.00 (“ACQUISITION”)
| Company Name | LEADER STEEL HOLDINGS BERHAD |
| Stock Name | LSTEEL |
| Date Announced | 18 Jul 2013 |
| Category | General Announcement |
| Reference No | CC-130718-6D7B3 |
| Type | Announcement |
| Subject | OTHERS |
| Description | ACQUISITION BY LEADER STEEL SDN BHD (“LSSB”), A WHOLLY OWNED SUBSIDIARY OF LEADER STEEL HOLDINGS BERHAD (“LSTEEL” OR THE “COMPANY”) FROM EONMETALL SYSTEMS SDN BHD (“ESSB”), OF A PARCEL OF INDUSTRIAL LAND TOGETHER WITH AN ALMOST COMPLETED SINGLE-STOREY DETACHED FACTORY WITH AN OFFICE ERECTED THEREON HELD UNDER TITLE NO. GRN 77765, LOT NO. 1596, MUKIM 12, DAERAH SEBERANG PERAI SELATAN, PULAU PINANG (“THE PROPERTY”), FOR A CASH CONSIDERATION OF RM12,100,000.00 (“ACQUISITION”) |
(Unless stated otherwise, definitions used in this announcement shall carry the same meaning as defined in the Company’s announcements in relation to the Acquisition dated 6 September 2012, 14 September 2012 and 5 April 2013.) The Board of Directors of the Company wishes to announce that its wholly owned subsidiary LSSB had on 18 July 2013, reached an understanding with ESSB, to further extend the Extended Completion Period for the Acquisition by an additional three (3) months commencing from the expiry of the Extended Completion Date of 27 July 2013, subject to the Company paying an interest at the rate of 6% per annum on the unpaid balance purchase price calculated on a daily basis. Following the above, the last date for settlement of the balance purchase price pursuant to the Acquisition will be 27 October 2013. This announcement is dated 18 July 2013.
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