September 18, 2013

Company announcements: NOVAMSC, PERISAI, KARYON, GOCEAN, TDEX, STEMLFE, INARI, CIMB

NOVAMSC - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NameNOVA MSC BERHAD (ACE Market) 
Stock Name NOVAMSC  
Date Announced18 Sept 2013  
CategoryGeneral Announcement
Reference NoNM-130918-4C4AB

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionMemorandum of Understanding between Novacitynets Pte Ltd, Guangzhou Development District Science and Information Technology Bureau and Sino-Singapore Guangzhou Knowledge City Investment and Development Co., Ltd.

We refer to the Company's announcements dated 15 August 2012, 15 March 2013 and 17 June 2013 pertaining to the Memorandum of Understanding ("MOU") signed between its wholly owned subsidiary, novaCITYNETS Pte Ltd ("Nova")with Guangzhou Development District Science and Information Technology Bureau and Sino-Singapore Guangzhou Knowledge City Investment and Development Co., Ltd to jointly develop, promote and subsequently deploy Smart City e-Permits solutions within the Sino-Singapore Guangzhou Knowledge City.

To-date, Nova had submitted feasibility study report and is pending review. The Company will make further announcement in accordance with the Listing Requirements of Bursa Malaysia Securities Berhad for the ACE Market when there is future development on the MOU.

This announcement is dated 18 September 2013.



PERISAI - 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 NamePERISAI PETROLEUM TEKNOLOGI BHD  
Stock Name PERISAI  
Date Announced18 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130918-27919

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 incorporationMALAYSIA
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.10 EACH
Name & address of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD
- EMPLOYEES PROVIDENT FD BD (AMUNDI)
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)
Disposed12/09/2013
1,000,000
 

Circumstances by reason of which change has occurredDISPOSED VIA OPEN MARKET
Nature of interestDIRECT
Direct (units)57,179,500 
Direct (%)5.28 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change57,179,500
Date of notice13/09/2013

Remarks :
The percentage of shareholding excludes 400,000 shares bought-back by the Company and retained as treasury shares


KARYON - OTHERS KARYON INDUSTRIES BERHAD (“KIB” OR “COMPANY”) PROPOSED REMOVAL OF AUDITORS AND NOMINATION OF NEW AUDITORS

Announcement Type: General Announcement
Company NameKARYON INDUSTRIES BERHAD (ACE Market) 
Stock Name KARYON  
Date Announced18 Sept 2013  
CategoryGeneral Announcement
Reference NoCJ-130918-4F59E

TypeAnnouncement
SubjectOTHERS
DescriptionKARYON INDUSTRIES BERHAD (“KIB” OR “COMPANY”)
PROPOSED REMOVAL OF AUDITORS AND NOMINATION OF NEW AUDITORS
Reference is made to the Company’s announcements dated 9 September 2013 and 10 September 2013.
The Board of Directors of KIB wishes to announce that KIB had on 18 September 2013 received a letter from Mr Loh Chen Yook, being the Chairman / Non-Independent Non-Executive Director and a substantial shareholder of the Company as well as Mr Loh Fatt Chong, being the Non-Independent Non-Executive Director and a substantial shareholder of the Company in relation to the reasons for the removal of Messrs Raki CS Tan & Ramanan (“Raki”) as auditors of the Company (“Proposed Removal of Auditors”) (“Shareholders’ Letter”).

Set forth below are the excerpt from the Shareholders’ Letter:

(i) Oversight by Messrs CS Tan & Associates on the disclosure requirements under the Malaysian Financial Reporting Standards 1 (“MFRS 1”)
      Messrs CS Tan & Associates incorrectly advised the Company on the disclosure requirements under MFRS 1, in relation to the opening MFRS statement of financial position.
      Following this error, the Company was compelled to issue an amendment statement (errata) to the audited financial statements of the Company for the financial year ended 31 December 2012 and the Annual Report 2012 of the Company.

(ii) Merger between Messrs CS Tan & Associates and Messrs Raki Thomas & Ramanan
      On 22 April 2013, i.e. 2 days prior to the Company’s Audit Committee meeting scheduled to approve the audited financial statements of the Company for the financial year ended 31 December 2012, Messrs CS Tan & Associates sent a letter to the Company informing the Company that Messrs CS Tan & Associates (AF 1144) have in 2012 merged their practice with Messrs Raki Thomas & Ramanan (AF 0363), where both firms have common partners and reconstituted themselves to be known as Messrs Raki CS Tan & Ramanan (AF 0190).

      Due to the short notice, the Company did not have the opportunity to conduct an interview with the new partner(s) and the reconstituted firm as well as their portfolios to deliberate their re-appointment.

      Messrs Raki CS Tan & Ramanan represented to the Company on 24 April 2013 that their re-appointment under the reconstituted firm following the merger is in compliance with the Companies Act 1965, and that they will issue a letter of undertaking to the Company confirming the same.

      To-date, the Company has not received the said letter of undertaking.

The Shareholders’ Letter is set out in the attachment below.

This announcement is dated 18 September 2013.

Attachments

Letter from shareholders.pdf
83 KB



GOCEAN - Changes in Sub. S-hldr's Int. (29B) - Ng Chiew Eng @ Ng Chiew Ming

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGREEN OCEAN CORPORATION BERHAD (ACE Market) 
Stock Name GOCEAN  
Date Announced18 Sept 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130918-5405C

Particulars of substantial Securities Holder

NameNg Chiew Eng @ Ng Chiew Ming
Address51A, Lorong 5/4H
Seksyen 5, Petaling Jaya
46000 Selangor Darul Ehsan
NRIC/Passport No/Company No.500706-10-5885
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderNg Chiew Eng @ Ng Chiew Ming
51A, Lorong 5/4H
Seksyen 5, Petaling Jaya
46000 Selangor Darul Ehsan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed11/09/2013
5,000,400
 
Disposed13/09/2013
4,000,000
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestDirect interest
Direct (units)13,759,700 
Direct (%)6.79 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change13,759,700
Date of notice18/09/2013


GOCEAN - Notice of Person Ceasing (29C) - Ng Chiew Eng @ Ng Chiew Ming

Announcement Type: Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Company NameGREEN OCEAN CORPORATION BERHAD (ACE Market) 
Stock Name GOCEAN  
Date Announced18 Sept 2013  
CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference NoCC-130918-32467

Particulars of substantial Securities Holder

NameNg Chiew Eng @ Ng Chiew Ming
Address51A, Lorong 5/4H
Seksyen 5, 46000 Petaling Jaya
Selangor Darul Ehsan
NRIC/Passport No/Company No.500706-10-5885
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Date of cessation17/09/2013
Name & address of registered holderNg Chiew Eng @ Ng Chiew Ming
51A, Lorong 5/4H
Seksyen 5, 46000 Petaling Jaya
Selangor Darul Ehsan
CurrencyMalaysian Ringgit (MYR)
Number of securities disposed4,831,700 
Price Transacted ($$) 
Circumstances by reason of which a person ceases to be a substantial securities HolderDisposal of shares
Nature of interestDirect interest
Date of notice18/09/2013


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

Announcement Type: General Announcement
Company NameTECHNODEX BHD (ACE Market) 
Stock Name TDEX  
Date Announced18 Sept 2013  
CategoryGeneral Announcement
Reference NoMI-130918-55106

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionTECHNODEX BHD ("TDEX" OR THE "COMPANY")

– RIGHTS ISSUE WITH WARRANTS

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the Abridged Prospectus issued by TDEX dated 27 August 2013 in relation to the Rights Issue with Warrants.

We refer to the earlier announcements as well as the Abridged Prospectus issued by TDEX dated 27 August 2013 in relation to the Rights Issue with Warrants.

On behalf of the Board, RHB Investment Bank wishes to announce that as at the close of acceptance and payment for the Rights Issue with Warrants at 5.00 p.m. on 11 September 2013, the Rights Shares have been oversubscribed by 68.06% over the total number of 85,196,350 Rights Shares available for subscription under the Rights Issue with Warrants.

The details of the acceptances and excess applications received as at the last time and date of acceptance and payment for the Rights Issue with Warrants being 5.00 p.m. on 11 September 2013, are set out in the table below:-

No. of Rights Shares

%

Acceptances

75,775,012

88.94

Excess applications

67,403,916

79.12

Total acceptances and excess applications

143,178,928

168.06

Less: Total Rights Shares available for subscription

85,196,350

100.00

Oversubscription

57,982,578

68.06

The Board has approved the basis of allocation for the excess Rights Shares applied for under the Rights Issue with Warrants in the following priority:-

(i) firstly, to minimise the incidence of odd lots;

(ii) secondly, for allocation to the entitled shareholders who have applied for the excess Rights Shares with Warrants on a pro-rata basis and in board lots, calculated based on their respective shareholdings in the Company on the entitlement date;

(iii) thirdly, for allocation to the entitled shareholders who have applied for the excess Rights Shares with Warrants on a pro-rata basis and in board lots, calculated based on the quantum of their respective excess Rights Shares with Warrants application; and

(iv) fourthly, for allocation to the renouncee(s) who have applied for the excess Rights Shares with Warrants on a pro-rata and in board lots, calculated based on the quantum of their respective excess Rights Shares with Warrants application.

This announcement is dated 18 September 2013.



STEMLFE - Changes in Director's Interest (S135) - LOH YOON KWAI

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameSTEMLIFE BERHAD (ACE Market) 
Stock Name STEMLFE  
Date Announced18 Sept 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCZ-130918-FCB14

Information Compiled By KLSE

Particulars of Director

NameLOH YOON KWAI
Address10-05-07, KIARAMAS CENDANA,
JALAN DESA KIARA,
50480 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
13/09/2013
20,000
0.385 

Circumstances by reason of which change has occurredDISPOSAL
Nature of interestDIRECT
Consideration (if any) 

Total no of securities after change

Direct (units)2,049,250 
Direct (%)0.83 
Indirect/deemed interest (units)558,000 
Indirect/deemed interest (%)0.23 
Date of notice17/09/2013

Remarks :
This announcement is dated 18 September 2013


STEMLFE - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameSTEMLIFE BERHAD (ACE Market) 
Stock Name STEMLFE  
Date Announced18 Sept 2013  
CategoryGeneral Announcement
Reference NoCZ-130918-FCB12

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionThe following Director has given notice of his dealings in the securities of the Company outside closed period as follows:-

Name of Director

Date of Disposal

Nature of Interest

Price Transacted Per Share

No. of Shares

Percentage of issued shares disposed

Remarks

Loh Yoon Kwai

13/09/2013

Direct

0.385

(20,000)

0.01%

Disposal

 

This announcement is dated 18/09/2013

 



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

Announcement Type: General Announcement
Company NameINARI AMERTRON BERHAD (ACE Market) 
Stock Name INARI  
Date Announced18 Sept 2013  
CategoryGeneral Announcement
Reference NoIA-130918-61993

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionINARI AMERTRON BERHAD (FORMERLY KNOWN AS INARI BERHAD)
("INARI" or "the Company")
- DEALING IN SECURITIES OF INARI OUTSIDE CLOSED PERIOD PURSUANT TO RULE 14.09(A) OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Pursuant to Rule 14.09(a) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Mr Mai Mang Lee, a Director of the Company, has given notice of his dealing in the ordinary shares and Warrants 2013/2018 of the Company pursuant to the conversion of warrants to ordinary shares, details as set out in the table below:-

 

  

Table A – Ordinary Shares of RM0.10 each

            

 

   

Date of transaction

 
 

  

Price per

 share (RM) 
 

 

 

 No. of shares acquired  

 

 
 

  

% of shares acquired

 
 

  

11.09.2013

 
 

 

0.38

 
 

 

1,000,000

 
 

 

0.22

 

 

Table B – Warrants 2013/2018

            

 

   

Date of transaction

 
 

 

Price per

 warrant (RM) 
 

  

No. of warrants  converted

 

 

 
 

 

% of warrants converted

 

 
 

  

11.09.2013

 
 

  

0.38

 
 

 

1,000,000

 
 

 

0.52

 

 

 

 

 

 This announcement is dated 17 September 2013.

Remarks:-

The subject of the announcement should be "Dealings Outside Closed Period" instead of "Intention to Deal During Closed Period" as stated in the announcement reference no. IA-130909-50188 dated 17 September 2013.



CIMB - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameCIMB GROUP HOLDINGS BERHAD  
Stock Name CIMB  
Date Announced18 Sept 2013  
CategoryGeneral Announcement
Reference NoCG-130918-56145

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09 of the Bursa Securities Main Market Listing Requirements, CIMB Group wishes to notify Bursa Securities that the Company had on 18 September 2013 received notification from Dato' Lee Kok Kwan in relation to the disposal of shares of the Company. Details of the disposal are as follows:

NameTransaction DatePrice Per ShareNo. of Shares% of Issued Share Capital
Dato' Lee Kok Kwan17 September 20137.5730,0000.0004

This announcement is dated 18 September 2013.

c.c. Securities Commission



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