October 10, 2013

Company announcements: IRIS, MYEG, INARI, FBMKLCI-EA, MYETFDJ, BURSA, PJDEV, FCW, POS

IRIS - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NameIRIS CORPORATION BERHAD (ACE Market) 
Stock Name IRIS  
Date Announced10 Oct 2013  
CategoryGeneral Announcement
Reference NoIC-131010-62353

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionLETTER OF ACCEPTANCE OF TENDER [CONTRACT NO: 100063294) (“SURAT SETUJU TERIMA”) TO IRIS CORPORATION BERHAD ("ICB"/"COMPANY") FROM FEDERAL LAND AUTHORITY ("FELDA") TO CONSTRUCT AND BUILD AN INTEGRATED COMMUNITY CENTRE IN FELDA PALONG 21, WILAYAH RAJA ALIAS, NEGERI SEMBILAN DARUL KHUSUS UNDER THE SENTUHAN KASEH PROJECT

LETTER OF ACCEPTANCE OF TENDER [CONTRACT NO: 100063294) (“SURAT SETUJU TERIMA”) TO IRIS CORPORATION BERHAD ( “ICB /“COMPANY”) FROM FEDERAL LAND AUTHORITY ("FELDA") TO CONSTRUCT AND BUILD AN INTEGRATED COMMUNITY CENTRE IN FELDA PALONG 21, WILAYAH RAJA ALIAS, NEGERI SEMBILAN DARUL KHUSUS UNDER THE SENTUHAN KASEH PROJECT

This announcement is a follow-up from the announcement made on 19th September 2013 on the MOU executed between the Company and FELDA (hereinafter referred to as the “MOU Announcement”).

Introduction

The Board of Directors of the Company is pleased to announce that it has today received a Letter of Acceptance of Tender (“LOA”) dated 26th September from the Federal Land Development Authority (FELDA) to build and develop an integrated community centre under ICB’s Sentuhan Kaseh modern rural project in Felda Palong 21, Wilayah Raja Alias, Negeri Sembilan Darul Khusus. (“SK Palong Project”).

Contract Value

The total contract value of the SK Palong Project under this LOA is for a sum of RM39, 988,188.00 (Ringgit Malaysia Thirty Nine Million Nine Hundred Eighty Eight Thousand One Hundred Eighty Eight only.

Duration of Contract

The SK Palong Project will commence on 1st October, 2013 and the completion date is 28th January 2014.

Financial Effect on ICB Group

The above mentioned SK Palong Project will not have any material effect on ICB’s net assets per share, for the financial year ending on 31st March 2014 but is expected to contribute positively to the future .

Source Of Funds

The Project will be financed through internally generated funds and bank borrowings.

Directors’ And Major Shareholders’ Interest

As of the date hereof, none of the Directors and/or major shareholders and/or persons connected with a director or major shareholder of ICB and/or persons connected with them have any interest, either direct or indirect in this LOA.

Statement of Directors

The Board of Directors of ICB is of the opinion that the above LOA is in the ordinary course of business and is in the best interest of ICB and its implementation of the SK Projects as mentioned in MOU Announcement.

This announcement is made on 10th October 2013.



MYEG - Changes in Sub. S-hldr's Int. (29B) - Mawer Investment Management Ltd.

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMY E.G. SERVICES BERHAD  
Stock Name MYEG  
Date Announced10 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-131009-CB43A

Particulars of substantial Securities Holder

NameMawer Investment Management Ltd.
Address900, 603 -7th Ave SW Calgary,
Alberta. Canada T2P 2T5
NRIC/Passport No/Company No.N/A
Nationality/Country of incorporationCanadian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderMawer Investment Management Ltd.
900, 603 -7th Ave SW Calgary,
Alberta. Canada T2P 2T5

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed07/10/2013
190,000
 
Disposed08/10/2013
182,300
 

Circumstances by reason of which change has occurredShares disposed on the open market
Nature of interestDirect
Direct (units)31,982,200 
Direct (%)5.418 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change31,982,200
Date of notice08/10/2013

Remarks :
The percentage of direct interest excludes 10,796,400 ordinary shares of RM0.10 each bought back by the Company and retained as treasury shares as at 7 October 2013.

The Form 29B was received by the Company on 10 October 2013.


INARI - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameINARI AMERTRON BERHAD (ACE Market) 
Stock Name INARI  
Date Announced10 Oct 2013  
CategoryGeneral Announcement
Reference NoOS-131010-36CB2

Admission SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionINARI AMERTRON BERHAD (FORMERLY KNOWN AS INARI BERHAD) (“INARI” OR THE “COMPANY”)
• ACQUISITION OF 100% EQUITY INTEREST IN AMERTRON INC. (GLOBAL) LIMITED FOR A TOTAL PURCHASE CONSIDERATION OF USD32,000,000;
• RIGHTS ISSUE WITH WARRANTS;
• ISSUANCE OF NEW SHARES;
• ISSUANCE OF PREFERENCE SHARES;
• VARIATION TO THE UTILISATION OF LISTING PROCEEDS;
• INCREASE IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY; AND
• AMENDMENTS TO THE MEMORANDUM OF ASSOCIATION OF THE COMPANY

(COLLECTIVELY, THE “PROPOSALS”)

(All abbreviations used in this announcement are defined in the announcement dated 23 July 2012)

 

We refer to the earlier announcements on the Proposals.

 

On behalf of the Board, M&A Securities is pleased to announce that Inari International and Richard Ta-Chung Wang, a duly authorised representative of the Vendors had vide an exchange of letters concluded that the NTA Statement was obtained based on a Special Audit on Amertron Group conducted by Messrs SJ Grant Thornton (as set out in Section 2.1.8(iv)(c)(b)(i) of the announcement dated 23 July 2012).

 

Based on the Special Audit, the parties to the SPA duly confirm their mutual agreement, settlement and adjustment in relation to the provisions of the SPA as follows:

 

(i)  the Special Audit NTA based on the NTA Statement issued by Messrs SJ Grant Thornton amounts to USD38,622,024;

 

(ii)  the NTA Statement shall be final and binding on the parties to the SPA;

 

(iii)  the final Purchase Consideration amounts to USD39,658,845 after taking into consideration the Special Audit NTA, the agreed property valuation surplus amounting to USD1,036,821 and a withholding tax deduction amounting to USD1,148,827;  

 

(iv) the parties to the SPA have agreed that the net excess NTA amounts to USD6,510,018.

 

Based on the Paragraphs (i) to (iv) above, and in accordance with the terms of the SPA, Inari International agrees to pay to Richard Ta-Chung Wang (a duly authorised representative of the Vendors), an amount equivalent to USD6,510,018.

 

Save for the above, there are no other changes to the terms and conditions of the SPA.

 

This announcement is dated 10 October 2013.




FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameFTSE BURSA MALAYSIA KLCI ETF  
Stock Name FBMKLCI-EA  
Date Announced10 Oct 2013  
CategoryGeneral Announcement
Reference NoFB-131010-74C05

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFTSE Bursa Malaysia KLCI etf - Valuation Point as at 10 October 2013

Fund: FTSE Bursa Malaysia KLCI etf
NAV per unit (RM): 1.8300
Units in circulation (units): 1,672,000
Manager's Fee (% p.a): 0.50
Trustee Fee (% p.a): 0.06
License Fee (% p.a): 0.04
FTSE Bursa Malaysia KLCI Index: 1,775.92

Attachments

FBM KLCI etf 20131010.xls
34 KB



MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25  
Stock Name MYETFDJ  
Date Announced10 Oct 2013  
CategoryGeneral Announcement
Reference NoMD-131010-59604

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 10-10-2013
Fund:MYETFDJ
NAV per unit (RM):1.1573
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:1,035.37

Attachments

Daily Fund Values101013.pdf
56 KB



BURSA - 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 NameBURSA MALAYSIA BERHAD  
Stock Name BURSA  
Date Announced10 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBM-131010-06779

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 RM0.50 each
Name & address of registered holder1. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
Level 42, Menara Citibank
165, Jalan Ampang
50450 Kuala Lumpur

2. Employees Provident Fund (EPF) Board
Tingkat 19, Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed07/10/2013
203,300
 

Circumstances by reason of which change has occurredDisposed in open market
Nature of interestDirect
Direct (units)203,300 
Direct (%)0.04 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change40,520,694
Date of notice10/10/2013

Remarks :
40,520,694 ordinary shares of RM0.50 each represented 7.61% shareholding in Bursa Malaysia Berhad ("Bursa"):-

(a) 39,020,694 Bursa shares are held under nominees account with Citigroup Nominees (Tempatan) Sdn Bhd ("CNT") in Account No. 1; and

(b) 1,500,000 Bursa shares are held directly by EPF Board in Account No. 2.

This announcement is made based on Form 29B dated 8 October 2013 which was submitted by CNT to Bursa on 10 October 2013.


PJDEV - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NamePJ DEVELOPMENT HOLDINGS BERHAD  
Stock Name PJDEV  
Date Announced10 Oct 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoPD-131010-61758

Date of buy back10/10/2013
Description of shares purchasedOrdinary Shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)253,000
Minimum price paid for each share purchased ($$)1.070
Maximum price paid for each share purchased ($$)1.070
Total consideration paid ($$)271,803.35
Number of shares purchased retained in treasury (units)253,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)3,189,600
Adjusted issued capital after cancellation
(no. of shares) (units)
 
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.69


FCW - Notice to Warrant Holders in relation to Expiry and Final Exercise of Warrants 2003/2013

Announcement Type: PDF Submission
Company NameFCW HOLDINGS BERHAD  
Stock Name FCW  
Date Announced10 Oct 2013  
CategoryPDF Submission
Reference NoCQ-131010-61749

SubjectNotice to Warrant Holders in relation to Expiry and Final Exercise of Warrants 2003/2013


FCW - Notice to Warrant Holders in relation to Expiry and Final Exercise of Warrants 2007/2013

Announcement Type: PDF Submission
Company NameFCW HOLDINGS BERHAD  
Stock Name FCW  
Date Announced10 Oct 2013  
CategoryPDF Submission
Reference NoCQ-131010-62729

SubjectNotice to Warrant Holders in relation to Expiry and Final Exercise of Warrants 2007/2013


POS - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc ("MUFG")

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePOS MALAYSIA BERHAD  
Stock Name POS  
Date Announced10 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPM-131010-6DF98

Particulars of substantial Securities Holder

NameMitsubishi UFJ Financial Group, Inc ("MUFG")
Address7-1, Marunouchi 2-Chome, Chiyoda-ku
Tokyo, 100-8330
Japan.
NRIC/Passport No/Company No.NIL
Nationality/Country of incorporationJapan
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1. Aberdeen Asset Management PLC ("Aberdeen") and its subsidiaries
10, Queen's Terrace Aberdeen, AB10 1YG, Scotland.

2. KOKUSAI Asset Management Co., Ltd ("KOKUSAI")
1-1, Marunouchi 3-Chome, Chiyoda-ku, Tokyo, 100-0005, Japan

3. Morgan Stanley & Co. International plc
25, Cabot Square, Canary Wharf, London E14 4QA, United Kingdom

4. AMP Capital Holdings Limited ("AMP") and its subsidiaries
Level 24 AMP Sydney Cove Building
33 Alfred Street, Sydney, NSW 2000
Australia

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed04/10/2013
100
 

Circumstances by reason of which change has occurredDisposal by Morgan Stanley Group

MUFG is deemed interested in the shares by virtue of:-

1) MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Group, holding more than 15% in Aberdeen.

2) MUFG's wholly-owned subsidiary, Mitsubishi UFJ Securities Co., Ltd., holding more than 15% in KOKUSAI.

3) MUFG's holding more than 15% interest in shares of Morgan Stanley Group.

4) MUFG's wholly-owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holding 15% in AMP.
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)61,008,424 
Indirect/deemed interest (%)11.36 
Total no of securities after change61,008,424
Date of notice09/10/2013

Remarks :
The total number of 61,008,424 shares are held as follows:-

1) 60,209,600 shares are registered in the name of Aberdeen Asset Management PLC and its subsidiaries.

2) 335,000 shares are registered in the name of KOKUSAI Asset Management Co., Ltd.

3) 160,624 shares are registered in the name of Morgan Stanley & Co. International plc.

4) 303,200 shares are registered in the name of AMP Capital Holdings Limited and its subsidiaries.

The Form 29B dated 9 October 2013 was received by the Company on 10 October 2013.


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