August 12, 2013

Company announcements: ASDION, MEXTER, MTOUCHE, N2N, FOCUS, MPAY, INARI

ASDION - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameASDION BERHAD (ACE Market) 
Stock Name ASDION  
Date Announced12 Aug 2013  
CategoryGeneral Announcement
Reference NoML-130802-49901

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionASDION BERHAD ("ASDION")

PROPOSED PRIVATE PLACEMENT

We refer to the announcements dated 22 March 2013, 26 March 2013, 29 May 2013 and 30 May 2013 in relation to the Proposed Private Placement (“Announcements”). Unless stated otherwise, the abbreviations used hereafter throughout this announcement shall have the same meanings as defined in the Announcements.

On behalf of the Board of Directors of Asdion, Hong Leong Investment Bank Berhad (formerly known as MIMB Investment Bank Berhad) wishes to announce that the Board of Directors of Asdion has on 12 August 2013 fixed the issue price for the placement of 7,591,600 Placement Shares at RM0.40 per Placement Share.


The issue price of RM0.40 per Placement Share, represents a premium of approximately 8.81% to the five (5)-day WAMP of Asdion Shares, up to and including 7 August 2013 of RM0.3676 per Asdion Share.


This announcement is dated 12 August 2013.



MEXTER - Rights Issue

Announcement Type: Entitlements (Notice of Book Closure)
Company NameMEXTER TECHNOLOGY BERHAD (ACE Market) 
Stock Name MEXTER  
Date Announced12 Aug 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-130812-54810

EX-date22/08/2013
Entitlement date26/08/2013
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRenounceable rights issue of up to 89,452,020 new ordinary shares of RM0.10 each in Mexter Technology Berhad ("Mexter") ("Mexter Share(s)") ("Rights Share(s)") on the basis of one (1) Rights Share for every one (1) existing Mexter Share held, together with up to 89,452,020 free detachable warrants in Mexter ("Warrant(s)") on the basis of one (1) free Warrant for every one (1) Rights Share subscribed for, as at 5.00 p.m. on 26 August 2013 at an issue price of RM0.10 per Rights Share ("Rights Issue with Warrants")
Period of interest payment to
Financial Year End
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 noSecurities Services (Holdings) Sdn Bhd (36869-T)

Level 7, Menara Milenium
Jalan Damanlela
Pusat Bandar Damansara
Damansara Heights
50490 Kuala Lumpur
Tel No: (603) 2084 9000
Fax No: (603) 2094 9940
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers26/08/2013 
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 indicatorRatio
Ratio 1 : 1
Rights Issues/Offer Price 0.1

Remarks :
The Abridged Prospectus together with the Notice of Provisional Allotment ("NPA") and the Rights Subscription Form ("RSF"), will only be despatched to the shareholders of Mexter whose names appear on the Record of Depositors at 5.00 p.m. on 26 August 2013 ("Entitled Shareholders") at their address in Malaysia or who have provided the share registrar with an address in Malaysia in writing by 5.00 p.m. on 26 August 2013.

The Abridged Prospectus together with the NPA and RSF will not be despatched to the foreign Entitled Shareholders and/ or their renouncee(s) (if applicable) who have not provided an address in Malaysia. Foreign Entitled Shareholders who are without an address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on 26 August 2013.

The aforementioned documents will be despatched to the Entitled Shareholders not later than two (2) market days from the entitlement date.

This announcement is dated 12 August 2013.


MEXTER - Important Relevant Dates for Renounceable Rights

Announcement Type: Important Relevant Dates for Renounceable Rights
Company NameMEXTER TECHNOLOGY BERHAD (ACE Market) 
Stock Name MEXTER  
Date Announced12 Aug 2013  
CategoryImportant Relevant Dates for Renounceable Rights
Reference NoMI-130812-54331

Title / DescriptionRenounceable rights issue of up to 89,452,020 new ordinary shares of RM0.10 each in Mexter Technology Berhad ("Mexter") ("Mexter Share(s)") ("Rights Share(s)") on the basis of one (1) Rights Share for every one (1) existing Mexter Share held, together with up to 89,452,020 free detachable warrants in Mexter ("Warrant(s)") on the basis of one (1) free Warrant for every one (1) Rights Share subscribed for, as at 5.00 p.m. on 26 August 2013 at an issue price of RM0.10 per Rights Share ("Rights Issue with Warrants")
Despatch Date28/08/2013
Date for commencement of trading of the rights27/08/2013
Date for despatch of abridged prospectus and subscription forms28/08/2013
Date for cessation of trading of the rights03/09/2013
Date for announcement of final subscription result and basis of allotment of excess Rights Securities18/09/2013
Listing date of the Rights Securities25/09/2013

Last date and time forDateTime
Sale of provisional allotment of rights02/09/2013
at
05:00:00 PM
Transfer of provisional allotment of rights05/09/2013
at
04:00:00 PM
Acceptance and payment10/09/2013
at
05:00:00 PM
Excess share application and payment10/09/2013
at
05:00:00 PM

Rights Securities will be listed and quoted as the existing securities of the same class:
Yes 
Other important dates as the listed issuer may deem appropriate:
 

Remarks :
The last date and time for acceptance, excess application and payment for the Rights Shares may be extended as the Board of Directors of Mexter Technology Berhad may determine and announce not less than two (2) market days before the stipulated date and time.

This announcement is dated 12 August 2013.


MTOUCHE - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company NameMTOUCHE TECHNOLOGY BERHAD (ACE Market) 
Stock Name MTOUCHE  
Date Announced12 Aug 2013  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoCA-130807-32537

Date of buy back from30/07/2013
Date of buy back to31/07/2013
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)1,183,300
Minimum price paid for each share purchased ($$)0.255
Maximum price paid for each share purchased ($$)0.280
Total amount paid for shares purchased ($$)320,410.91
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)1,183,300
Total number of shares retained in treasury (units)13,448,600
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished0
Date lodged with registrar of companies12/08/2013
Lodged by TMF Administrative Services Malaysia Sdn. Bhd.


N2N - Changes in Director's Interest (S135) - CHUA TIONG HOONG

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameN2N CONNECT BERHAD (ACE Market) 
Stock Name N2N  
Date Announced12 Aug 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCM-130805-BDD8B

Information Compiled By KLSE

Particulars of Director

NameCHUA TIONG HOONG
AddressNO. 10 JALAN PJU 7/11
MUTIARA DAMANSARA
47800 PETALING JAYA
SELANGOR DARUL EHSAN
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)
Transferred
25/07/2013
350,000
 

Circumstances by reason of which change has occurredTRANSFER OF 350,000 SHARES FROM HIS SPOUSE, YAP OI PENG
Nature of interestDIRECT AND INDIRECT
Consideration (if any) 

Total no of securities after change

Direct (units)1,129,354 
Direct (%)0.3729 
Indirect/deemed interest (units)14,000 
Indirect/deemed interest (%)0.0046 
Date of notice05/08/2013

Remarks :
Deemed interest is held via
a) Yap Oi Peng (spouse) - 14,000 shares


FOCUS - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameFOCUS DYNAMICS TECHNOLOGIES BERHAD (ACE Market) 
Stock Name FOCUS  
Date Announced12 Aug 2013  
CategoryGeneral Announcement
Reference NoCC-130812-55980

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionFOCUS DYNAMICS TECHNOLOGIES BERHAD (“THE COMPANY” OR “FOCUS”)
1) HIGH COURT OF SHAH ALAM CIVIL SUIT NO. 22-1424-2010 PAN ASIA PUBLICATIONS SDN. BHD. (“PLAINTIFF”) vs. FOCUS DYNAMICS DRIVES SDN. BHD. (“DEFENDANT”)
2) HIGH COURT OF KUALA LUMPUR CIVIL SUIT NO. 22NCC-1822-12/2012 FOCUS DYNAMICS CENTRE SDN. BHD. (“PLAINTIFF”) vs. KONG KWAI CHING & KEE TWUAN TEE (“DEFENDANTS”)

Reference is made to our announcements of 20 May 2013, 31 May 2013, 28 June 2013 and 31 July 2013.

The Board of Directors of Focus Dynamics Technologies Berhad (“the Company”) wishes to announce that the status of the following litigation case which involved Focus Dynamics Centre Sdn. Bhd. (Company No. 478044-A), the wholly-owned subsidiary company of the Company :-

Progress of the litigation case

High Court of Kuala Lumpur,

Civil Suit No. 22NCC-1822-12/2012

Focus Dynamics Centre Sdn. Bhd. (“Plaintiff”) vs. Kong Kwai Ching & Kee Twuan Tee (hereinafter collectively referred to as “Defendants”)

(a) Trial datesThe case management was on 12 August 2013.
(b) Update the case management held on 12 August 2013The next case management has been fixed by the Judge on 26 August 2013.

Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 12 August 2013.



MPAY - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NameMANAGEPAY SYSTEMS BERHAD (ACE Market) 
Stock Name MPAY  
Date Announced12 Aug 2013  
CategoryGeneral Announcement
Reference NoCC-130806-59317

Admission SponsorRHB Investment Bank Bhd
SponsorSame as above
TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionManagePay Systems Berhad (“ManagePay” or the “Company”)
- Memorandum of Understanding entered into between ManagePay Services Sdn Bhd (formerly known as Multimedia Prospect Sdn Bhd), a wholly-owned subsidiary of ManagePay, and China B-TO-B Holdings Limited (“MOU”)
Reference is made to ManagePay’s announcement on 8 March 2012, 23 May 2012, 28 August 2012, 19 November 2012, 19 February 2013 and 20 May 2013 in relation to the MOU for the setting up of a two-way China-Malaysia e-commerce platform.
The Board of Directors of ManagePay wishes to inform that there has been no further development on the MOU since the last announcement on 20 May 2013.

The Company will provide an update if there is any further material development in respect of the MOU.

This announcement is dated 12 August 2013.


INARI - Changes in Director's Interest (S135) - Dato' Thong Kok Khee

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameINARI AMERTRON BERHAD (ACE Market) 
Stock Name INARI  
Date Announced12 Aug 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoIA-130812-34375

Information Compiled By KLSE

Particulars of Director

NameDato' Thong Kok Khee
AddressNo. 74 Jalan Setiakasih
Damansara Heights
50490 Kuala Lumpur
Descriptions(Class & nominal value)Warrants 2013/2018

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
07/08/2013
1,000,000
 
Disposed
07/08/2013
200,000
 

Circumstances by reason of which change has occurredDisposal of warrants by Immobillaire Holdings Pte Ltd and Media Lang Limited in the open market
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)43,758,948 
Indirect/deemed interest (%)22.03 
Date of notice12/08/2013

Remarks :
Indirect interest:-
--------------------
1) Insas Plaza Sdn Bhd - 5,400,000 warrants (No change)
2) Ms Thong Mei Chuen - 312,500 warrants(No change)
3) Insas Technology Berhad - 24,756,448 warrants (No change)
4) Media Lang Limited - 5,000,000 warrants
5) Immobillaire Holdings Pte Ltd - 8,290,000 warrants

Insas Plaza Sdn Bhd, Media Lang Limited and Insas Technology Berhad are wholly-owned subsidiaries of Insas Berhad. Dato' Thong Mei Chuen is Dato' Thong Kok Khee's daughter.

Dato' Thong is deemed interested by virtue of his daughter's interest in the Company and his substantial interest in Insas Berhad and Immobillaire Holdings Pte Ltd pursuant to Section 134 and Section 6A of the Companies Act, 1965.


INARI - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameINARI AMERTRON BERHAD (ACE Market) 
Stock Name INARI  
Date Announced12 Aug 2013  
CategoryGeneral Announcement
Reference NoIA-130812-34203

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionINARI AMERTRON BERHAD (FORMERLY KNOWN AS INARI BERHAD)
("INARI" or "the Company")
- DEALING IN SECURITIES OF INARI DURING CLOSED PERIOD PURSUANT TO RULE 14.08(D) OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Pursuant to Rule 14.08(D) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Dato' Thong Kok Khee, a Director of the Company, has given notice of his dealing  in the Warrants 2013/2018 of the Company during closed period, details as set out in the table below:-

 

 

 

Date of dealing

 

 

Name of registered holder

 

 

Price per

Warrants

(RM)

 

No. of warrants acquired or disposed of

 

 

 

% of warrants

 

Circumstances by reasons of which change has occurred

 

 

 

 

 

 

 

07.08.2013

M & A Nominee (Asing) Sdn Bhd for Media Lang Limited *

 

0.465

1,000,000 (D)

0.50

Disposal of warrants in the open market

 

07.08.2013

M & A Nominee (Asing) Sdn Bhd for Immobillaire Holdings Pte Ltd **

0.4775

200,000 (D)

0.10

Disposal of warrants in the open market

 

* Media Lang Limited is an indirect wholly-owned subsidiary of Insas Berhad.

 

 

 

** Dato’ Thong is deemed interested by virtue of his substantial interest in Insas Berhad and Immobillaire Holdings Pte Ltd pursuant to Section 6A of the Companies Act, 1965.

This announcement is dated 12 August 2013.

 


INARI - Notice of Person Ceasing (29C) - Avago Technologies (Malaysia) Sdn Bhd

Announcement Type: Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Company NameINARI AMERTRON BERHAD (ACE Market) 
Stock Name INARI  
Date Announced12 Aug 2013  
CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference NoIA-130807-34026

Particulars of substantial Securities Holder

NameAvago Technologies (Malaysia) Sdn Bhd
AddressJalan Damanlela
Pusat Bandar Damansara
50490 Kuala Lumpur
NRIC/Passport No/Company No.704181-P
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Date of cessation05/08/2013
Name & address of registered holderM & A Nominee (Tempatan)Sdn Bhd for
Avago Technologies (Malaysia) Sdn Bhd
Level 1 & 2, 45 - 47, The Boulevard
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
CurrencyMalaysian Ringgit (MYR)
Number of securities disposed26,000,000 
Price Transacted ($$)0.790 
Circumstances by reason of which a person ceases to be a substantial securities HolderDisposal of shares via Direct Business Transaction
Nature of interestDirect
Date of notice06/08/2013


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