July 15, 2013

Company announcements: WILLOW, REDTONE, OSKVI, GENETEC

WILLOW - Changes in Director's Interest (S135) - Wong Ah Chiew

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameWILLOWGLEN MSC BERHAD  
Stock Name WILLOW  
Date Announced15 Jul 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoWM-130712-57039

Information Compiled By KLSE

Particulars of Director

NameWong Ah Chiew
Address86 Jalan Keruing, Bukit Bandaraya, Bangsar, 59100 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary shares of RM0.10 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
11/07/2013
13,769,974
0.500 

Circumstances by reason of which change has occurredDeemed interest by virtue of his substantial shareholdings in Dindings Consolidated Sdn Bhd, the holding company of New Advent Sdn Bhd
Nature of interestDeemed interest
Consideration (if any) 

Total no of securities after change

Direct (units)1,500,000 
Direct (%)0.62 
Indirect/deemed interest (units)114,566,563 
Indirect/deemed interest (%)47.07 
Date of notice11/07/2013


WILLOW - Changes in Director's Interest (S135) - Khor Chai Moi

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameWILLOWGLEN MSC BERHAD  
Stock Name WILLOW  
Date Announced15 Jul 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoWM-130712-56542

Information Compiled By KLSE

Particulars of Director

NameKhor Chai Moi
Address21 Persiaran Basong, Damansara Heights, 50490 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary shares of RM0.10 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
11/07/2013
13,769,974
0.500 

Circumstances by reason of which change has occurredDeemed interest by virtue of her substantial shareholdings in Dindings Consolidated Sdn Bhd, the holding company of New Advent Sdn Bhd
Nature of interestDeemed interest
Consideration (if any) 

Total no of securities after change

Direct (units)1,786,600 
Direct (%)0.73 
Indirect/deemed interest (units)113,484,763 
Indirect/deemed interest (%)46.62 
Date of notice11/07/2013


WILLOW - Changes in Sub. S-hldr's Int. (29B) - Wong Ah Chiew

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWILLOWGLEN MSC BERHAD  
Stock Name WILLOW  
Date Announced15 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWM-130712-55589

Particulars of substantial Securities Holder

NameWong Ah Chiew
Address86 Jalan Keruing, Bukit Bandaraya, Bangsar, 59100 Kuala Lumpur
NRIC/Passport No/Company No.480311-08-5933
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderNew Advent Sdn Bhd
17th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed11/07/2013
13,769,974
0.500 

Circumstances by reason of which change has occurredDeemed interest by virtue of his substantial shareholdings in Dindings Consolidated Sdn Bhd, the holding company of New Advent Sdn Bhd
Nature of interestDeemed interest
Direct (units)1,500,000 
Direct (%)0.62 
Indirect/deemed interest (units)114,566,563 
Indirect/deemed interest (%)47.07 
Total no of securities after change116,066,563
Date of notice11/07/2013


WILLOW - Changes in Sub. S-hldr's Int. (29B) - Dindings Consolidated Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWILLOWGLEN MSC BERHAD  
Stock Name WILLOW  
Date Announced15 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWM-130712-53385

Particulars of substantial Securities Holder

NameDindings Consolidated Sdn Bhd
Address17th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur
NRIC/Passport No/Company No.8226-P
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderNew Advent Sdn Bhd
17th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed11/07/2013
13,769,974
0.500 

Circumstances by reason of which change has occurredDeemed interest by virtue of Section 6A of the Companies Act, 1965
Nature of interestDeemed interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)113,130,263 
Indirect/deemed interest (%)46.48 
Total no of securities after change113,130,263
Date of notice11/07/2013


WILLOW - Changes in Sub. S-hldr's Int. (29B) - Khor Chai Moi

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWILLOWGLEN MSC BERHAD  
Stock Name WILLOW  
Date Announced15 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWM-130712-54101

Particulars of substantial Securities Holder

NameKhor Chai Moi
Address21 Persiaran Basong, Damansara Heights, 50490 Kuala Lumpur
NRIC/Passport No/Company No.520814-09-5010
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderNew Advent Sdn Bhd
17th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed11/07/2013
13,769,974
0.500 

Circumstances by reason of which change has occurredDeemed interest by virtue of her substantial shareholdings in Dindings Consolidated Sdn Bhd, the holding company of New Advent Sdn Bhd
Nature of interestDeemed interest
Direct (units)1,786,600 
Direct (%)0.73 
Indirect/deemed interest (units)113,484,763 
Indirect/deemed interest (%)46.62 
Total no of securities after change115,271,363
Date of notice11/07/2013


WILLOW - Changes in Sub. S-hldr's Int. (29B) - New Advent Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWILLOWGLEN MSC BERHAD  
Stock Name WILLOW  
Date Announced15 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWM-130712-50977

Particulars of substantial Securities Holder

NameNew Advent Sdn Bhd
Address17th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur
NRIC/Passport No/Company No.415255-H
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderNew Advent Sdn Bhd
17th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed11/07/2013
13,769,974
0.500 

Circumstances by reason of which change has occurredDisposal of shares through married deal transaction
Nature of interestDirect interest
Direct (units)113,130,263 
Direct (%)46.48 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change113,130,263
Date of notice11/07/2013


REDTONE - Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement

Announcement Type: Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced15 Jul 2013  
CategoryNotice of Resale/Cancellation of Treasury Shares - Immediate Announcement
Reference NoCK-130715-375A0

Date of transaction15/07/2013
CurrencyMalaysian Ringgit (MYR)
Total number of treasury shares sold (units)3,915,000 
Total number of treasury shares cancelled (units)
Minimum price paid for each share sold ($$)0.720 
Maximum price paid for each share sold ($$)0.735 
Total amount received for treasury shares sold ($$)2,826,742.20 
Cumulative net outstanding treasury shares as at to-date (units)827,800 
Adjusted issued capital after cancellation/resale
(no. of shares) (units)

Remarks :
The balance of the treasury shares held by the Company is 827,800.


OSKVI - Changes in Director's Interest (S135) - Tan Sri Ong Leong Huat @ Wong Joo Hwa

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameOSK VENTURES INTERNATIONAL BERHAD (ACE Market) 
Stock Name OSKVI  
Date Announced15 Jul 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-130715-4517B

Information Compiled By KLSE

Particulars of Director

NameTan Sri Ong Leong Huat @ Wong Joo Hwa
Address21, Persiaran Basong, Damansara Heights, 50490 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary Shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
09/04/2013
10,000
0.380 
Acquired
11/04/2013
13,200
0.374 

Circumstances by reason of which change has occurredAcquisition of shares through open market
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)53,671,446 
Direct (%)27.42 
Indirect/deemed interest (units)9,835,574 
Indirect/deemed interest (%)5.02 
Date of notice15/07/2013

Remarks :
The direct and indirect interests of Tan Sri Ong Leong Huat @ Wong Joo Hwa are as follows:-

Direct interest
Tan Sri Ong Leong Huat @ Wong Joo Hwa - 39,643,714
HSBC Nominees (Tempatan) Sdn. Bhd. AA NOMS SG for Tan Sri Ong Leong Huat @ Wong Joo Hwa - 14,027,732

Indirect interest
Puan Sri Khor Chai Moi - 1,505,422
(Deemed interested by virtue of his spouse's shareholding in the Company)

Ong Ju Xing - 79,968
DMG & Partners Securities Pte. Ltd. for Ong Ju Xing - 6,818
Ong Yee Min - 110,948
Ong Yin Suen - 144,457
Ong Ju Yan - 443,869
Ong Yee Ching - 1,060,678
(Deemed interested by virtue of his children's shareholdings in the Company)

Land Management Sdn. Bhd. - 6,020,013
OSK Holdings Berhad - 463,401
(Deemed interested pursuant to Section 6A of the Companies Act, 1965)

The above announcement is also made to comply with Rule 14.09 of the Bursa Malaysia Securities Berhad ACE Market Listing Requirements.


OSKVI - Changes in Director's Interest (S135) - Ong Yee Min

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameOSK VENTURES INTERNATIONAL BERHAD (ACE Market) 
Stock Name OSKVI  
Date Announced15 Jul 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-130715-4517C

Information Compiled By KLSE

Particulars of Director

NameOng Yee Min
Address21, Persiaran Basong, Damansara Heights, 50490 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary Shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
09/04/2013
10,000
0.380 
Acquired
11/04/2013
13,200
0.374 

Circumstances by reason of which change has occurredAcquisition of shares through open market
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)110,948 
Direct (%)0.06 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice15/07/2013

Remarks :
The above announcement is also made to comply with Rule 14.09 of the Bursa Malaysia Securities Berhad ACE Market Listing Requirements.


GENETEC - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameGENETEC TECHNOLOGY BERHAD (ACE Market) 
Stock Name GENETEC  
Date Announced15 Jul 2013  
CategoryGeneral Announcement
Reference NoGT-130715-58253

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionGENETEC TECHNOLOGY BERHAD (“GENETEC” OR THE “COMPANY”)
In The Court of Common Pleas, County of Greenville, State of South Carolina, United States of America, Case No. 2013-CP-23-02592
TRS Staffing Solutions, Inc. (“the Plaintiff”) vs Systems South, Inc. and Genetec Technology Automation, Inc. (“the Defendants”)

Reference is made to the Company’s announcement dated 23 May 2013.

The Board of Directors of Genetec wishes to announce that Genetec had on 13 July 2013 received the following papers from its solicitors in the United States of America (“USA”) via email, who received the following papers on 12 July 2013 from the Defendants’ registered agent in USA, National Registered Agents, Inc. (“NRA”). NRA had received the following papers on 12 July 2013 from the Plaintiff’s solicitors, N. Ward Lambert of Messrs Harper, Lambert & Brown, P.A.:

1. Notice of Motion and Motion of Entry of Default Judgment as to Defendants Systems South, Inc. and Genetec Technology Automation, Inc. ;

2. Affidavit of Default as to Defendant Systems South, Inc.;

3. Affidavit of Default as to Defendant Genetec Technology Automation, Inc; and

4. Draft Order of Judgment as to Defendants Systems South, Inc. and Genetec Technology Automation, Inc.

(collectively referred to as “Motion Notice”).

The Plaintiff moves the Court for an Order adjudging the Defendants to be in fault for failing to file a responsive pleading or otherwise plead or appear within the time required by law of South Carolina and for entry of Default Judgment against the Defendants, based on Verified Complaint by the Plaintiff, which pleads its right to the sum of USD101,011.49.

The Plaintiff will be entitled to the relief sought if no objection is filed by the Defendants within 10 days from the date of service of the Motion Notice.

Genetec is of the opinion that the maximum expected losses from the Default Judgment, if any, is USD101,011.49 (equivalent to RM313,135.62) against the Defendants.

The claim has no reasonably foreseeable material financial and operational impact on the Genetec Group, as the businesses and operations of the Defendants are managed independently from the Malaysian businesses and operations, and neither Defendant is a major subsidiary of Genetec.

The Company is seeking advice from its solicitors in the USA regarding the Motion Notice.

Further announcements will be made as and when there are material developments in the matter.

This announcement is dated 15 July 2013.



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