July 29, 2013

Company announcements: SYSTECH, KMLOONG, HOMERIZ, HARTA, HIBISCS, WCT

SYSTECH - PRACTICE NOTE 17 / GUIDANCE NOTE 3:REGULARISATION PLAN

Announcement Type: General Announcement
Company NameSYSTECH BHD (ACE Market) 
Stock Name SYSTECH  
Date Announced29 Jul 2013  
CategoryGeneral Announcement
Reference NoOS-130729-47611

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
DescriptionSYSTECH BERHAD (“SYSTECH” OR “THE COMPANY”)

RESTRUCTURING SCHEME OF VIZTEL SOLUTIONS BERHAD AND THE RESULTANT LISTING OF SYSTECH ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD IN PLACE OF VIZTEL SOLUTIONS BERHAD (“RESTRUCTURING SCHEME”)

We refer to the announcements dated 16 June 2011 and 30 July 2012 in relation to the completion of the Restructuring Scheme.

The Restructuring Scheme involves, inter-alia, the acquisition by Systech Bhd (“Systech”) of the entire equity interest in Syscatech Sdn Bhd (“Syscatech”) for a total purchase consideration of RM23,900,000 shall be satisfied as follows:-

(i) An initial consideration of RM17,400,000 shall be satisfied by the issuance of 174,000,000 new ordinary shares of RM0.10 each in Systech (“Systech Shares”); and

(ii) The balance of the purchase consideration of up to RM6,500,000 shall be satisfied by the issuance of 65,000,000 new Systech Shares (“Deferred Consideration Shares”) based on the actual audited profit after taxation (“PAT”) of Syscatech for each of the financial year ending ("FYE") 31 March 2012 and 31 March 2013 in accordance with the following terms:-

(a) Issuance of up to a maximum 30,000,000 Deferred Consideration Shares at an issue price of RM0.10 per share within twelve (12) months from the date of issuance of the audited financial statements of Syscatech for the FYE 31 March 2012; and

(b) Issuance of up to a maximum of 35,000,000 Deferred Consideration Shares at an issue price of RM0.10 per share within twelve (12) months from the date of issuance of the audited financial statements of Syscatech for the FYE 31 March 2013 (“2nd Tranche Share Issuance”).

Syscatech has achieved a PAT of RM3,308,783 for the FYE 31 March 2013 thereby meeting conditions set out for the 2nd Tranche Share Issuance.

M&A Securities Sdn Bhd on behalf of the Board of Directors of Systech wishes to announce that Bursa Malaysia Securities Berhad had vide its letter dated 26 July 2013 granted the listing of and quotation for 33,087,800 Deferred Consideration Shares issued pursuant to the 2nd Tranche Share Issuance with effect from 9.00 a.m., on 30 July 2013.

This announcement is dated 29 July 2013.



KMLOONG - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameKIM LOONG RESOURCES BERHAD  
Stock Name KMLOONG  
Date Announced29 Jul 2013  
CategoryGeneral Meetings
Reference NoCC-130729-3D26A

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting29/07/2013
Time09:30 AM
VenueJasmine & Orchid Room, Level C of One World Hotel, First Avenue, Off Dataran Bandar Utama, 47800 Petaling Jaya, Selangor Darul Ehsan
Outcome of Meeting

The Board of Directors of Kim Loong Resources Berhad ("KLRB") wishes to announce that at the Thirty-eighth Annual General Meeting of KLRB duly convened and held this morning, all the resolutions as set out in the Notice of Annual General Meeting dated 5th July, 2013 were duly passed by the members present.



HOMERIZ - First Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameHOMERITZ CORPORATION BERHAD  
Stock Name HOMERIZ  
Date Announced29 Jul 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoCM-130723-36002

EX-date28/08/2013
Entitlement date30/08/2013
Entitlement time04:00:00 PM
Entitlement subjectFirst Interim Dividend
Entitlement descriptionFirst interim single tier tax-exempt dividend of 5.0% equivalent to 1 sen per share in respect of the financial year ending 31 August 2013.
Period of interest payment to
Financial Year End31/08/2013
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noEquiniti Services Sdn Bhd
Level 8 Menara MIDF
82 Jalan Raja Chulan
50200 Kuala Lumpur
Tel : 03-21660933
Payment date 27/09/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers30/08/2013 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency0.01


HOMERIZ - OTHERS FIRST INTERIM SINGLE TIER TAX-EXEMPT DIVIDEND

Announcement Type: General Announcement
Company NameHOMERITZ CORPORATION BERHAD  
Stock Name HOMERIZ  
Date Announced29 Jul 2013  
CategoryGeneral Announcement
Reference NoCM-130729-46196

TypeAnnouncement
SubjectOTHERS
DescriptionFIRST INTERIM SINGLE TIER TAX-EXEMPT DIVIDEND

The Board of Directors of Homeritz Corporation Berhad ("Homeritz" or "the Company") wishes to announce that the Directors have on 29 July 2013 approved a first interim single tier tax-exempt dividend of 1 sen per ordinary share ("the Dividend") in respect of the financial year ending 31 August 2013 to the shareholders of the Company whose names appear in the Record of Depositories on 30 August 2013 and the Dividend so declared is payable on 27 September 2013.



HOMERIZ - PROVISION OF FINANCIAL ASSISTANCE

Announcement Type: General Announcement
Company NameHOMERITZ CORPORATION BERHAD  
Stock Name HOMERIZ  
Date Announced29 Jul 2013  
CategoryGeneral Announcement
Reference NoCM-130723-35599

TypeAnnouncement
SubjectPROVISION OF FINANCIAL ASSISTANCE
DescriptionHOMERITZ CORPORATION BERHAD ("Homeritz" or "the Company")
- Provision of Financial Assistance by Homeritz to Embrace Industries Sdn Bhd ("Embrace"), a 65%-owned subsidiary of Homeritz.

This announcement is in respect of the provision of financial assistance by Homeritz to Embrace, a 65%-owned subsidiary of Homeritz.

The details of the announcement are shown in the attachment.

This announcement is dated 29 July 2013.



HOMERIZ - Quarterly rpt on consolidated results for the financial period ended 31/5/2013

Announcement Type: Financial Results
Company NameHOMERITZ CORPORATION BERHAD  
Stock Name HOMERIZ  
Date Announced29 Jul 2013  
CategoryFinancial Results
Reference NoCM-130723-34531

Financial Year End31/08/2013
Quarter3
Quarterly report for the financial period ended31/05/2013
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/05/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/05/2013
31/05/2012
31/05/2013
31/05/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
28,391
23,121
76,931
74,469
2Profit/(loss) before tax
4,467
3,803
11,126
11,123
3Profit/(loss) for the period
3,842
3,608
9,954
10,528
4Profit/(loss) attributable to ordinary equity holders of the parent
3,127
2,977
8,168
9,011
5Basic earnings/(loss) per share (Subunit)
1.56
1.49
4.08
4.51
6Proposed/Declared dividend per share (Subunit)
1.00
0.75
1.00
0.75


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 ($$)
0.3800
0.3600
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:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


HARTA - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameHARTALEGA HOLDINGS BERHAD  
Stock Name HARTA  
Date Announced29 Jul 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoC&-130717-41129

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of warrants to new ordinary shares
No. of shares issued under this corporate proposal1,400
Issue price per share ($$)MYR 4.140
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units738,552,960
CurrencyMYR 369,276,480.000
Listing Date30/07/2013


HIBISCS - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameHIBISCUS PETROLEUM BERHAD  
Stock Name HIBISCS  
Date Announced29 Jul 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoCC-130729-37378

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of Warrants-A to Ordinary Shares
No. of shares issued under this corporate proposal200,000
Issue price per share ($$)MYR 0.500
Par Value ($$)MYR 0.010
Latest issued and paid up share capital after the above corporate proposal in the following
Units451,566,745
CurrencyMYR 4,515,667.450
Listing Date30/07/2013


WCT - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (DiPerbadankan)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced29 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWW-130729-E6E41

Particulars of substantial Securities Holder

NameKumpulan Wang Persaraan (DiPerbadankan)
AddressAras 4,5&6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang, 55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderKumpulan Wang Persaraan DiPerbadankan)("KWAP")- 47,114,355 Shares
KWAP's Fund Managers - 13,898,555 Shares

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed22/07/2013
50,000
 
Disposed23/07/2013
210,000
 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDirect
Direct (units)61,012,910 
Direct (%)5.59 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change61,012,910
Date of notice29/07/2013

Remarks :
Form 29B dated 26 July 2013 was received on 29 July 2013.


WCT - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Haji

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced29 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWW-130729-E6E4E

Particulars of substantial Securities Holder

NameLembaga Tabung Haji
Address201, Jalan Tun Razak, Peti Surat 11025, 50732 Kuala Lumpur
NRIC/Passport No/Company No.ACT 5351995
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderLembaga Tabung Haji (51,575,405 Shares)
AmIslamic Fund Management Sdn Bhd (1,530,285 Shares)
Maybank Asset Management Sdn Bhd (1,130,000 Shares)
Asian Islamic Investment Management Sdn Bhd (711,650 Shares)
CIMB-Principal Asset Management Berhad (1,719,400 Shares)
Kenanga Investors Berhad (396,400 Shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired23/07/2013
250,000
 
Acquired24/07/2013
180,000
 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect
Direct (units)57,063,140 
Direct (%)5.22 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change57,063,140
Date of notice29/07/2013

Remarks :
Form 29B dated 25 July 2013 was received on 29 July 2013.


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