August 15, 2013

Company announcements: MEXTER, INSBIO, MICROLN, INARI, MAYBANK

MEXTER - OTHERS MEXTER TECHNOLOGY BERHAD (“MEXTER” OR “COMPANY”) • ACQUISITION OF A NEW SUBSIDIARY, MEXTER SUNOASIS SDN. BHD. BY MEXTER

Announcement Type: General Announcement
Company NameMEXTER TECHNOLOGY BERHAD (ACE Market) 
Stock Name MEXTER  
Date Announced15 Aug 2013  
CategoryGeneral Announcement
Reference NoCA-130815-3F0CF

TypeAnnouncement
SubjectOTHERS
DescriptionMEXTER TECHNOLOGY BERHAD (“MEXTER” OR “COMPANY”)
• ACQUISITION OF A NEW SUBSIDIARY, MEXTER SUNOASIS SDN. BHD. BY MEXTER

The Board of Directors of MEXTER (“the Board”) is pleased to announce that the Company has on 15 August 2013 acquired the entire issued and paid up capital of Mexter SunOasis Sdn. Bhd. (“MSSB”) of RM2.00 divided into 2 Ordinary Shares of RM1.00 each, for a cash consideration of RM2.00 (“Investment”) from Ms. Toy (Tay) Wee Lee and Ms. Tan Moy Yean. Consequently, MSSB has become a wholly-owned subsidiary of MEXTER.

Information on MSSB

MSSB was granted approval for incorporation via the Certificate of Incorporation issued by the Companies Commission of Malaysia dated 7 August 2013. The Authorised capital of MSSB is RM400,000.00 divided into 400,000 Ordinary Shares of RM1.00 each (Share). As at the date of this announcement, MSSB has an issued and paid up capital of RM2.00.

MSSB’s intended activities are providing Design, development, consulting, marketing, supply, installation, testing and commissioning of environmental friendly renewable energy products. MSSB is expected to commence operations by second half of year 2013.

Rationale

The rationale for the Incorporation is to diversify its existing business activities of MEXTER Group to the environmental friendly renewable energy products. This could further increase its revenue in the future.

Financial Effect

There will not be any material effect arising from the Investment on the net tangible assets, earnings per share, share capital and substantial shareholding of MEXTER Group for the financial year ending 31 December 2013.

Approval Required

The Investment is not subject to the approval of the shareholders of MEXTER, or any regulatory authorities.

Liabilities to be assumed after the Investment

No liabilities will be assumed by the MEXTER Group arising from the Investment.

Directors' and Major Shareholders' Interests

None of the Directors or major shareholders of the Company and/or persons connected to them, as defined under the Bursa Malaysia Securities Berhad ACE Market Listing Requirements, has any interest, whether direct or indirect, in the Investment.

Directors’ Statement

The Board is of opinion that the Investment is in the best interest of MEXTER Group.

Estimated Time Frame For Completion

The Investment is expected to be completed by the third quarter of 2013.

This announcement is dated 15 August 2013.



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

Announcement Type: General Announcement
Company NameINS BIOSCIENCE BERHAD (ACE Market) 
Stock Name INSBIO  
Date Announced15 Aug 2013  
CategoryGeneral Announcement
Reference NoCC-130807-FE3A0

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionPursuant to Paragraph 14.08(d) of the Ace Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Datuk Yeat Sew Chuong has given notice of his dealing in the ordinary shares of INS Bioscience Berhad as follows:

Date Transacted

Direct

Indirect*

Price per Share (RM)

No. of Shares Acquired / (Disposed)

%

No. of Shares Acquired / (Disposed)

%

15.08.2013

57,398,460

20.07%

(57,398,460)

20.07%

0.005


* Deemed interest by virtue of his shareholding in INS Holdings Sdn. Bhd. pursuant to Section 6A of the Companies Act, 1965.

This announcement is dated 15 August 2013.











INSBIO - Changes in Director's Interest (S135) - Datuk Yeat Sew Chuong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameINS BIOSCIENCE BERHAD (ACE Market) 
Stock Name INSBIO  
Date Announced15 Aug 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130807-EE0D4

Information Compiled By KLSE

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above

Particulars of Director

NameDatuk Yeat Sew Chuong
AddressLot 569, No.55, Jalan Cinta Alam
Country Heights
43000 Kajang
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)
Disposed
15/08/2013
57,398,460
0.005 
Acquired
15/08/2013
57,398,460
0.005 

Circumstances by reason of which change has occurredDisposal of shares by INS Holdings Sdn. Bhd.
Acquisition of shares by Datuk Yeat Sew Chuong.
Nature of interestDirect and Indirect
Consideration (if any)RM286,992 

Total no of securities after change

Direct (units)68,398,460 
Direct (%)23.91 
Indirect/deemed interest (units)3,018,894 
Indirect/deemed interest (%)1.06 
Date of notice15/08/2013

Remarks :
Deemed interest by virtue of his spouse's shareholding pursuant to Section 134 of the Companies Act, 1965.


INSBIO - Notice of Person Ceasing (29C) - INS Holdings Sdn. Bhd.

Announcement Type: Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Company NameINS BIOSCIENCE BERHAD (ACE Market) 
Stock Name INSBIO  
Date Announced15 Aug 2013  
CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference NoCC-130807-68201

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above

Particulars of substantial Securities Holder

NameINS Holdings Sdn. Bhd.
AddressLot 6.08, 6th Floor
Plaza First Nationwide
No. 161, Jalan Tun H.S. Lee
50000 Kuala Lumpur
NRIC/Passport No/Company No.494718-T
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Date of cessation15/08/2013
Name & address of registered holderINS Holdings Sdn. Bhd.
Lot 6.08, 6th Floor
Plaza First Nationwide
No. 161, Jalan Tun H.S. Lee
50000 Kuala Lumpur
CurrencyMalaysian Ringgit (MYR)
Number of securities disposed57,398,460 
Price Transacted ($$)0.005 
Circumstances by reason of which a person ceases to be a substantial securities HolderDisposal of Shares
Nature of interestDirect Interest
Date of notice15/08/2013


INSBIO - Changes in Sub. S-hldr's Int. (29B) - Datuk Yeat Sew Chuong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameINS BIOSCIENCE BERHAD (ACE Market) 
Stock Name INSBIO  
Date Announced15 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130807-530CF

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above

Particulars of substantial Securities Holder

NameDatuk Yeat Sew Chuong
AddressLot 569, No. 55
Jalan Cinta Alam
Country Heights
43000 Kajang
Selangor Darul Ehsan
NRIC/Passport No/Company No.691217-08-6091
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderINS Holdings Sdn. Bhd.
Lot 6.08, 6th Floor
Plaza First Nationwide
No. 161, Jalan Tun H.S. Lee
50000 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed15/08/2013
57,398,460
0.005 
Acquired15/08/2013
57,398,460
0.005 

Circumstances by reason of which change has occurredDisposal of shares by INS Holdings Sdn Bhd.
Acquisition of shares by Datuk Yeat Sew Chuong.
Nature of interestDirect and Indirect
Direct (units)68,398,460 
Direct (%)23.91 
Indirect/deemed interest (units)3,018,894 
Indirect/deemed interest (%)1.06 
Total no of securities after change71,417,354
Date of notice15/08/2013

Remarks :
Deemed interest by virtue of his spouse's direct shareholding pursuant to Section 134 of the Companies Act, 1965.


MICROLN - PUBLIC SHAREHOLDINGS SPREAD

Announcement Type: General Announcement
Company NameMICROLINK SOLUTIONS BERHAD (ACE Market) 
Stock Name MICROLN  
Date Announced15 Aug 2013  
CategoryGeneral Announcement
Reference NoCC-130814-87FF4

TypeAnnouncement
SubjectPUBLIC SHAREHOLDINGS SPREAD
DescriptionMICROLINK SOLUTIONS BERHAD ("MSB" or "the Company")
- PUBLIC SHAREHOLDINGS SPREAD

 

Further to the announcement made on 17 April 2013 whereby Bursa Malaysia Securites Berhad had, vide its letter dated 15 April 2013, granted an extension of time of 6 months from 28 February 2013 until 27 August 2013 for MSB to comply with the Public Shareholding Spread Requirement pursuant to Rule 8.02(1) of the ACE Market Listing Requirements.

On 7 May 2013, MSB received the notice of take-over offer by Formis Holdings Berhad (“FHB”), a wholly-owned subsidiary of Formis Resources Berhad, to acquire the following:

(i) all the remaining ordinary shares of RM0.10 each in MSB (“MSB Shares”) which are not already owned by FHB; and

(ii) all the new MSB Shares that may be allotted and issued up to the close of the Offer pursuant to the exercise of any outstanding options granted under MSB’s existing employee share option scheme.

for a cash consideration of RM0.60 for every one (1) MSB Share (“Offer”), which has closed on 12 August 2013. In light of the acceptances received pursuant to the Offer, FHB emerged as the new controlling shareholder of MSB with 134,880,482 MSB Shares representing approximately 97.88% equity interest in MSB on 12 August 2013

Based on the Record of Depositors as at 13 August 2013, the Company's public shareholding spread was 2.12%. As such, the Company is still not in compliance with the Public Shareholding Spread Requirement.

In view of the above, the Company will apply for a further extension of time for the Company to comply with the Public Shareholding Spread Requirement.

This announcement is dated 15 August 2013.

 

 

 

 

 

 

 

 


MICROLN - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameMICROLINK SOLUTIONS BERHAD (ACE Market) 
Stock Name MICROLN  
Date Announced15 Aug 2013  
CategoryChange in Boardroom
Reference NoCC-130325-64544

Date of change15/08/2013
NameChan Hiok Khiang
Age57
NationalityMalaysian
Type of changeAppointment
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
QualificationsBachelor of Science (Engineering) with 1st Class Honors from Imperial College London. 
Working experience and occupation Mr Chan Hiok Khiang has over 25 years of experience in management and engineering consulting.

He was formerly a consulting partner with Accenture, the largest global management consulting firm. Before he resigned from Accenture in December 2004, he was head of Products Industry for Malaysia and Thailand with special emphasis on automotive and health care. He spent a total of 21 years with Accenture in Kuala Lumpur and Singapore.

While with Accenture, he served in a variety of industries and management positions including being responsible for staff training, recruitment and business process consulting for Malaysia and eCommerce in Asia. In his role as a management consultant, he led and managed large IT systems implementation projects, developed business and technology strategy for large enterprises and led numerous business consulting engagements.

Between 2000 and 2002, he was one of the general partners dealing with venture capital investments and corporate development work for Accenture in Asia Pacific.

Between 2005 and 2009, he served as an independent director with IFCA MSC Sdn Bhd.

He currently serves as an Independent Non-Executive Director on the board of Diversified Gateway Solutions Berhad. 
Directorship of public companies (if any)1. Diversified Gateway Solutions Berhad. 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 


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

Announcement Type: General Announcement
Company NameINARI AMERTRON BERHAD (ACE Market) 
Stock Name INARI  
Date Announced15 Aug 2013  
CategoryGeneral Announcement
Reference NoIA-130815-50383

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

Pursuant to Rule 14.08 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, Inari wishes to inform that the Company has received a notification from Dato’ Wong Gian Kui (“Dato’ Wong”), a Director of the Company, of his intention to deal in the securities of the Company during the Closed Period pending the announcement of the Company’s 4th quarterly results for the period ended 30 June 2013.

 

 

 

Dato’ Wong does not have any interests in the ordinary shares and warrants of the Company as at 14 August 2013.

 

 

 

This announcement is dated 15 August 2013.



MAYBANK - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameMALAYAN BANKING BERHAD  
Stock Name MAYBANK  
Date Announced15 Aug 2013  
CategoryAdditional Listing Announcement (ALA)
Reference NoMB-130815-60248

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalESOS
No. of shares issued under this corporate proposal171,400
Issue price per share ($$)MYR 8.750
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units8,720,288,683
CurrencyMYR 8,720,288,683.000
Listing Date19/08/2013

2. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalESOS
No. of shares issued under this corporate proposal11,100
Issue price per share ($$)MYR 8.820
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units8,720,299,783
CurrencyMYR 8,720,299,783.000
Listing Date19/08/2013

3. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalESOS
No. of shares issued under this corporate proposal800
Issue price per share ($$)MYR 9.590
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units8,720,300,583
CurrencyMYR 8,720,300,583.000
Listing Date19/08/2013


MAYBANK - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMALAYAN BANKING BERHAD  
Stock Name MAYBANK  
Date Announced15 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMB-130815-59849

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND BOARD
AddressTINGKAT 19 BANGUNAN KWSP
JALAN RAJA LAUT
50350 KUALA LUMPUR
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY
Name & address of registered holder1) EMPLOYEES PROVIDENT FUND BOARD
TINGKAT 19 BANGUNAN KWSP
JALAN RAJA LAUT
50350 KUALA LUMPUR

2) CITIGROUP NOMINEES (TEMPATAN) SDN BHD
LEVEL 42 MENARA CITIBANK
165 JALAN AMPANG
50450 KUALA LUMPUR

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired12/08/2013
3,022,200
 

Circumstances by reason of which change has occurredPURCHASE OF SHARES
Nature of interestDIRECT
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change959,307,139
Date of notice13/08/2013

Remarks :
1) The notice was received by Maybank Berhad on 15 August 2013.


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