IRIS - OTHERS BOT (“BUILD, OWN TRANSFER”) AGREEMENT ENTERED INTO BY AND BETWEEN IRIS CORPORATION BERHAD (“ICB”) AND THE GOVERNMENT OF REPUBLIC OF GUINEA RELATING TO THE SUPPLY AND IMPLEMENTATION OF SECURE CHIP TECHNOLOGY SOLUTIONS.
| Company Name | IRIS CORPORATION BERHAD (ACE Market) |
| Stock Name | IRIS |
| Date Announced | 17 Oct 2013 |
| Category | General Announcement |
| Reference No | IC-131017-62603 |
| Type | Announcement |
| Subject | OTHERS |
| Description | BOT (“BUILD, OWN TRANSFER”) AGREEMENT ENTERED INTO BY AND BETWEEN IRIS CORPORATION BERHAD (“ICB”) AND THE GOVERNMENT OF REPUBLIC OF GUINEA RELATING TO THE SUPPLY AND IMPLEMENTATION OF SECURE CHIP TECHNOLOGY SOLUTIONS. |
BOT (“BUILD, OWN TRANSFER”) AGREEMENT ENTERED INTO BY AND BETWEEN IRIS CORPORATION BERHAD (“ICB”) AND THE GOVERNMENT OF REPUBLIC OF GUINEA RELATING TO THE SUPPLY AND IMPLEMENTATION OF SECURE CHIP TECHNOLOGY SOLUTIONS. 1. INTRODUCTION The Board of Directors of ICB (“the Board”) is pleased to announce that ICB has entered into a BOT (Build-Own-Transfer) Agreement (“Contract”) for a term of 15 years with the Government of Republic of Guinea (“Client”) on 7th October 2013 for the supply and implementation of secure chip technology solutions which includes the electronic passports, visa, permanent residence identification cards and its related software and hardware. ICB was in receipt of the BOT Agreement on 16th October, 2013. The total value of the Agreement is approximately United States Dollars Two Hunderd Forty Nine Million Seven Hundred Fifty Thousand (USD249,750,000) (equivalent to approximately MYR793,206,000 based on the exchange rate of USD1: MYR3.176 as at 17 October 2013). 2. SALIENT TERMS 2.1 The Contract period is for a term of 15 years (“Term”) and shall commence from the date of the Contract hereof. 2.2 Under this BOT project financing model, ICB will build and own the information systems, software and hardware under this Contract during the Term only and after the expiration of the Term, ownership of the same will be transferred to the Client. IRIS will finance the costs of design, procurement, supply, manufacture, testing and commissioning of the Products (defined in the Agreement to mean electronic passports, visa, permanent residence identification cards and its related software and hardware) and provide maintenance and operational support during the Term. The operations of the information system shall be undertaken by the Client and hence this is termed as a Build-Own and Transfer model. 2.3 ICB shall recoup such costs including the returns from the supply of the Products to the end users via the Client and its authorized Agencies. An estimate of costs and rates of return will be given and validated by the technical services of the Client’s Ministry of Finance in accordance to the Contract. 2.4 The Client will put in place completely and satisfactorily implement and bring into force all necessary laws for the implementation of the scope of works under the Contract to be carried out by ICB. 2.5 The Client shall prepare the physical sites/facilities in an acceptable condition, utilities and wide area network prior to IRIS carrying out the installation of the systems. 2.6 Client agrees to make payments as described in Schedule C of the Contract which provides for the supply of the Products for a total value of USD249, 750,000. 3. INFORMATION ON THE CLIENT The Government of Republic of Guinea is a country in West Africa and headed by the President with an estimated population of 10,057,975 (2009) and French as its national language. The Ministry of Security and Civil Protection is the authorized and primary agency or authority responsible for the issuance of all types of secured national identification in the Republic of Guinea. This Agreement was also executed by the Ministry of Economy & Finances and the General Administrator of Major Projects. 4. SOURCES OF FUNDING The implementation of this Contract will be funded by internally generated funds and bank borrowing. 5. RISK FACTORS Project Risk The implementation of the Contract may be subject to unavoidable delays which may arise from non-compliance of specifications and capabilities pursuant to the performance parameters or unanticipated difficulties in installation and configuration of the machines and personalization software and hardware in a foreign jurisdiction. However delays may then affect the profit margins of ICB as time shall be spent to resolve arising issues and will delay the recognition of revenue. Notwithstanding the above, the ICB Group will seek to limit the risks involved through prudent financial management and efficient operating procedures. Political, Economic And Regulatory The political, economic and regulatory stand of the Client at the date of this Contract is deemed stable, however the ICB Group shall take necessary precautions to mitigate any risk that may arise if need be during the performance of this Contract. 6. FINANCIAL EFFECTS OF THE CONTRACT The Contract will not have any material effect on the issued and paid up share capital, substantial shareholder’s shareholding, earnings, earnings per share, net assets per share and gearing of the ICB Group. Barring unforeseen circumstances, the Board is of the opinion that the Contract will contribute positively to the earnings and earnings per share of the ICB Group for the next financial year. 7. APPROVALS REQUIRED FOR THE IMPLEMENTATION OF THE AGREEMENT This Contract is not conditional on the approval of ICB’s shareholders or any relevant agencies of the Government of Malaysia. 8. DIRECTORS AND MAJOR SHARE HOLDERS INTERESTS None of the directors, major shareholders, and persons connected with the directors or major shareholders of ICB have any interest, direct or indirect in the Contract. 9. STATEMENT OF DIRECTORS The Board, after having considered all aspects of the Contract, is of the opinion that the Contract is in pursuance to its core business, Trusted Identity, is indeed in the best interest of the ICB Group. 10. COMPLIANCE WITH THE SECURITIES COMMISSION’S POLICIES AND GUIDELINES ON ISSUE/OFFER OF SECURITIES The Contract does not depart from the Securities Commission’s Policies and Guidelines on Issue/Offer of Securities. 11. DOCUMENT FOR INSPECTION The Contract shall be available for inspection at the registered office of ICB during office hours at Level 18, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, and 59200 Kuala Lumpur for q period of three (3) months from the date of this announcement. This announcement is dated 17th October 2013
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AGLOBAL - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
| Company Name | ARIANTEC GLOBAL BERHAD (ACE Market) |
| Stock Name | AGLOBAL |
| Date Announced | 17 Oct 2013 |
| Category | General Announcement |
| Reference No | OS-131017-33449 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | ARIANTEC GLOBAL BERHAD (“AGB” OR “THE COMPANY”) PRIVATE PLACEMENT OF UP TO 56,875,300 NEW ORDINARY SHARES OF RM0.10 EACH IN AGB (“AGB SHARES”) REPRESENTING UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY (EXCLUDING TREASURY SHARES), TO INDEPENDENT THIRD PARTY INVESTORS TO BE IDENTIFIED AT A LATER DATE (“PRIVATE PLACEMENT”) |
On behalf of the Board of Directors of AGB, M&A
Securities Sdn Bhd is pleased to announce that the AGB has fixed the issue
price at RM0.10 per share for the Placement Shares to be issued pursuant to the
Private Placement. The aforementioned issue price of RM0.10 per
Placement Share represents a premium of approximately RM0.0273 or 37.55% from
the five (5)-day weighted average market price of AGLOBAL Shares from 9 October
2013 to 16 October 2013 of approximately RM0.0727 per share. This announcement is dated 17 October 2013. | |
FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | FTSE BURSA MALAYSIA KLCI ETF |
| Stock Name | FBMKLCI-EA |
| Date Announced | 17 Oct 2013 |
| Category | General Announcement |
| Reference No | FB-131017-44F7C |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | FTSE Bursa Malaysia KLCI etf - Valuation Point as at 17 October 2013 |
Fund: FTSE Bursa Malaysia KLCI etf | |
MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 |
| Stock Name | MYETFDJ |
| Date Announced | 17 Oct 2013 |
| Category | General Announcement |
| Reference No | MD-131017-56122 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 17-10-2013 Fund:MYETFDJ NAV per unit (RM):1.1679 Units in Circulation (units):256,700,000 Manager's Fee (%p.a):0.40 Trustee's Fee (%p.a):0.05 License Fee (%p.a):0.04 DJIM25 Index:1,044.99 |
KULIM - MATERIAL LITIGATION
| Company Name | KULIM (MALAYSIA) BERHAD |
| Stock Name | KULIM |
| Date Announced | 17 Oct 2013 |
| Category | General Announcement |
| Reference No | JC-131017-65196 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | SHAH ALAM HIGH COURT WRIT SUMMONS NO. : 23NCVC-27-09/2013 Plaintiff : Dato' Muhammad Hafidz Bin Nuruddin Defendant : 1. Ramlan Bin Juki - First Defendant 2. Sindora Berhad - Second Defendant |
Kulim (Malaysia) Berhad (“Kulim” or “the Company") refers to its announcement dated 30 September 2013 (“First Announcement”), and unless otherwise stated, the terms used in this announcement shall carry the same meaning as defined in the First Announcement. Kulim wishes to announce that the Shah Alam High Court (“the High Court”) has given the following directions in relation to the case :- i. The Defendants (First Defendant and Second Defendant) to file Defence on/before 31 October 2013; ii. The Plaintiff to file Reply (if any) on/before 14 November 2013. Following the above, the matter has been fixed for further case management on 19 November, 2013. The Company has appointed Messrs Bodipalar Ponnudurai De Silva as solicitors to represent the Defendants in the High Court Suit. Further announcement will be made in respect of any material development thereof. This announcement is dated 17 October 2013. | |
AFG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | ALLIANCE FINANCIAL GROUP BERHAD |
| Stock Name | AFG |
| Date Announced | 17 Oct 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AF-131017-ED5CA |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Disposal of 112,200 shares) Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 10/10/2013 | 112,200 |
| Remarks : |
| The Form 29B dated 11 October 2013 was received on 16 October 2013. |
AFG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | ALLIANCE FINANCIAL GROUP BERHAD |
| Stock Name | AFG |
| Date Announced | 17 Oct 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AF-131017-EDE55 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | i) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Disposal of 770,300 shares) Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur ii) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (KIB)(Acquisition of 433,000 shares) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 11/10/2013 | 770,300 | |
| Acquired | 11/10/2013 | 433,000 |
| Remarks : |
| The Form 29B dated 14 October 2013 was received on 17 October 2013. |
HLIND - GENERAL MEETINGS: OUTCOME OF MEETING
| Company Name | HONG LEONG INDUSTRIES BERHAD |
| Stock Name | HLIND |
| Date Announced | 17 Oct 2013 |
| Category | General Meetings |
| Reference No | HI-131017-56472 |
| Type of Meeting | AGM |
| Indicator | Outcome of Meeting |
| Date of Meeting | 17/10/2013 |
| Time | 12:00 PM |
| Venue | Theatrette, Level 1, Wisma Hong Leong, 18 Jalan Perak, 50450 Kuala Lumpur |
| Outcome of Meeting | Hong Leong Industries Berhad ("the Company") writes to inform that at its 50th Annual General Meeting ("AGM") held on 17 October 2013, the shareholders of the Company had approved all the ordinary resolutions and special businesses as set out in the notice of the AGM. This announcement is dated 17 October 2013. |
MAS - OTHERS Malaysian Airline System Berhad ("MAS" or "the Company") - Competition Commission of Malaysia ("MyCC") Proposed Decision dated 6 September 2013 - Submission of Written Representation
| Company Name | MALAYSIAN AIRLINE SYSTEM BERHAD |
| Stock Name | MAS |
| Date Announced | 17 Oct 2013 |
| Category | General Announcement |
| Reference No | MA-131017-62795 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Malaysian Airline System Berhad ("MAS" or "the Company") - Competition Commission of Malaysia ("MyCC") Proposed Decision dated 6 September 2013 - Submission of Written Representation |
MAS has today lodged with the MyCC its Written Representation, being MAS’s reply to the MyCC’s Proposed Decision dated 6 September 2013 as required. MAS has already indicated its intention to have an oral representation on this matter with the MyCC and will await MyCC’s proposed dates for such representation. MAS’s Written Representation demonstrates that it did not enter into a market sharing agreement in contravention of the Competition Act 2010. MAS looks forward to reinforcing that point at the oral representation. This announcement is dated 17 October 2013. | |
MPI - GENERAL MEETINGS: OUTCOME OF MEETING
| Company Name | MALAYSIAN PACIFIC INDUSTRIES BERHAD |
| Stock Name | MPI |
| Date Announced | 17 Oct 2013 |
| Category | General Meetings |
| Reference No | MM-131017-54368 |
| Type of Meeting | AGM |
| Indicator | Outcome of Meeting |
| Date of Meeting | 17/10/2013 |
| Time | 11:00 AM |
| Venue | Theatrette, Level 1, Wisma Hong Leong, 18 Jalan Perak, 50450 Kuala Lumpur |
| Outcome of Meeting | Malaysian Pacific Industries Berhad (“the Company”) writes to inform
that at its 52nd Annual General Meeting (“AGM”) held on 17 October
2013, the shareholders of the Company had approved all the ordinary resolutions
and special businesses as set out in the notice of the AGM. This announcement is dated 17 October 2013. |
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