October 14, 2013

Company announcements: IRIS, TMS, CONNECT, FBMKLCI-EA, MYETFDJ, DRBHCOM, AFG, MFCB

IRIS - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Announcement Type: General Announcement
Company NameIRIS CORPORATION BERHAD (ACE Market) 
Stock Name IRIS  
Date Announced14 Oct 2013  
CategoryGeneral Announcement
Reference NoCU-131011-75336

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionCONDITIONAL TAKE-OVER OFFER BY IRIS HEALTHCARE SDN BHD, VERSATILE CREDIT & LEASING SDN BHD, DATUK TAN SAY JIM AND DATO' LEE KWEE HIANG (COLLECTIVELY, THE "JOINT OFFERORS") THROUGH MIDF AMANAH INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN VERSATILE CREATIVE BERHAD NOT ALREADY OWNED BY THE JOINT OFFERORS ("OFFER SHARE(S)") FOR A CASH OFFER PRICE OF RM0.50 PER OFFER SHARE ("OFFER")
The terms used herein shall, unless otherwise stated, bear the same meaning as those defined in the announcement dated 23 September 2013 in relation to the Offer.
We refer to the announcement dated 23 September 2013 in relation to the Offer. On behalf of the Board, MIDF Investment wishes to inform that the offer document dated 14 October 2013, which sets out the details, terms and conditions of the Offer together with the Form of Acceptance and Transfer, has been delivered to the Board of Directors of VCB and despatched to the shareholders of VCB and/or their designated agents.

The Offer is open for acceptances until 5.00 p.m. (Malaysian time) on 4 November 2013, being the first closing date of the Offer, unless revised or extended in accordance with the provisions of the Malaysian Code on Take-Overs and Mergers, 2010.

Kindly refer to the attached press release for further details.

This announcement is dated 14 October 2013.


TMS - OTHERS The Media Shoppe Berhad (“TMS” or “the Company”) - Teaming Agreement

Announcement Type: General Announcement
Company NameTHE MEDIA SHOPPE BERHAD (ACE Market) 
Stock Name TMS  
Date Announced14 Oct 2013  
CategoryGeneral Announcement
Reference NoCA-131014-62030

TypeAnnouncement
SubjectOTHERS
DescriptionThe Media Shoppe Berhad (“TMS” or “the Company”)
- Teaming Agreement

The Board of Directors of TMS is pleased to announce that the Company’s wholly-owned subsidiary, NuOne Sdn. Bhd. (Company No. 951868-W) (“NuOne”) has on 14 October 2013 entered into a Teaming Agreement (“the Agreement”) with ShenZhen ZNV Technology Co Ltd (Company no. 440301501123924) having its registered office at 4F, W1-A, Building Gaoxin S.4th Ave.Shenzhen, People Republic of China (“ZNV”).

NuOne and ZNV, collectively be referred as the “Parties”.

The scope of the Agreement is as follows:-

1. The Parties wish to team up to introduce the concept of global surveillance in Malaysia. The Parties agree that one of the projects would be to introduce such global surveillance in the Iskandar Development Region.

2. NuOne shall have the responsibility to source projects on global surveillance and ZNV shall provide its expertise and experience in such area for the purpose of these projects/concessions.

3. ZNV shall work exclusively with NuOne in relation to companies/ projects/ concessions introduced by NuOne and/or TMS whether directly or indirectly without limitation to those belonging to NuOne and/or TMS’ partners. ZNV shall work solely with NuOne and/or TMS for the period of one (1) year from the date of this Agreement for any project of the Government of Malaysia.

The Parties agree that profit sharing in relation to any project shall be discussed and agreed between the Parties upon securing a project.

This Agreement will not have any material financial effect to the earnings of TMS Group at this juncture. The earnings could only be determined as and when TMS and/or NuOne has secured any project and/or entering into contract with the relevant parties.

The Agreement will not have any effect on the issued and paid-up capital of the Company and/or on the shareholding of the substantial shareholders of the Company.

The Company does not foresee any material risk.

None of the Directors, substantial shareholders and/or persons connected with the Directors and/or substantial shareholders of the Company, have any interest, direct or indirect, in the Agreement.

TMS will make the appropriate announcement to Bursa Malaysia Securities Berhad (“Bursa Securities”) in a timely manner in accordance with Bursa Securities’ Listing Requirements, should there be any further development on this matter.

This announcement is dated 14 October 2013.



CONNECT - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):OTHER ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NameCONNECTCOUNTY HOLDINGS BERHAD (ACE Market) 
Stock Name CONNECT  
Date Announced14 Oct 2013  
CategoryGeneral Announcement
Reference NoOS-131014-54B5F

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
DescriptionCONNECTCOUNTY HOLDINGS BERHAD (“CONNECT” OR “THE COMPANY”)

PRIVATE PLACEMENT OF UP TO 15,617,500 NEW ORDINARY SHARES OF RM0.10 EACH IN CONNECT (“PLACEMENT SHARES”) TO INDEPENDENT THIRD PARTY INVESTORS TO BE IDENTIFIED ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD(“PRIVATE PLACEMENT”)

 

Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 3 September 2013.

 

Reference is made to the earlier announcements dated 3 September 2013, 11 September 2013 and 24 September 2013 in relation to the Private Placement.

 

 

On behalf of the Board of Directors of Connect, M&A Securities Sdn Bhd (“M&A Securities”) is pleased to announce that the Company has fixed the issue price at RM0.12 per share for the Placement Shares to be issued pursuant to the Private Placement.

 

 

 

The aforementioned issue price of RM0.12 per Placement Share represents a discount of approximately RM0.0094 or 7.26% from the five (5)-day weighted average market price of Connect Shares from 7 October 2013 to 11 October 2013 of approximately RM0.1294 per share.

 

 

 

This announcement is dated 14 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 Announced14 Oct 2013  
CategoryGeneral Announcement
Reference NoFB-131014-668E9

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFTSE Bursa Malaysia KLCI etf - Valuation Point as at 14 October 2013

Fund: FTSE Bursa Malaysia KLCI etf
NAV per unit (RM): 1.8388
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: 1,784.76

Attachments

FBM KLCI etf 20131014.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 Announced14 Oct 2013  
CategoryGeneral Announcement
Reference NoMD-131014-43889

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 14-10-2013
Fund:MYETFDJ
NAV per unit (RM):1.1604
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:1,038.21

Attachments

Daily Fund Values141013.pdf
56 KB



DRBHCOM - 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 NameDRB-HICOM BERHAD  
Stock Name DRBHCOM  
Date Announced14 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoDD-131014-CFC39

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 RM1.00 each
Name & address of registered holderCitigroup 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)
Acquired09/10/2013
500,000
 

Circumstances by reason of which change has occurredAcquisition of shares by Citigroup Nominees (Tempatan) Sdn Bhd
Nature of interestDirect
Direct (units)500,000 
Direct (%)9.602 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change185,634,300
Date of notice14/10/2013


AFG - 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 NameALLIANCE FINANCIAL GROUP BERHAD  
Stock Name AFG  
Date Announced14 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAF-131011-35886

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 RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (Acquisition of 537,400 shares)
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)
Acquired07/10/2013
537,400
 

Circumstances by reason of which change has occurredAcquired
Nature of interestDirect Interest
Direct (units)242,037,440 
Direct (%)15.63 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change242,037,440
Date of notice08/10/2013

Remarks :
The Form 29B dated 8 October 2013 was received on 10 October 2013.


AFG - 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 NameALLIANCE FINANCIAL GROUP BERHAD  
Stock Name AFG  
Date Announced14 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAF-131011-35E74

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 RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (Acquisition of 24,100 shares)
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)
Acquired08/10/2013
24,100
 

Circumstances by reason of which change has occurredAcquired
Nature of interestDirect Interest
Direct (units)242,061,540 
Direct (%)15.63 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change242,061,540
Date of notice09/10/2013

Remarks :
The Form 29B dated 9 October 2013 was received on 11 October 2013.


AFG - 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 NameALLIANCE FINANCIAL GROUP BERHAD  
Stock Name AFG  
Date Announced14 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAF-131014-924FE

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 RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (Disposal of 69,000 shares)
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)
Disposed09/10/2013
69,000
 

Circumstances by reason of which change has occurredDisposed
Nature of interestDirect Interest
Direct (units)241,992,540 
Direct (%)15.63 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change241,992,540
Date of notice10/10/2013

Remarks :
The Form 29B dated 10 October 2013 was received on 14 October 2013.


MFCB - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NameMEGA FIRST CORPORATION BERHAD  
Stock Name MFCB  
Date Announced14 Oct 2013  
CategoryGeneral Announcement
Reference NoMF-131014-62723

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionTariff Memorandum of Understanding with Electricite Du Laos of Laos for the Don Sahong Hydropower Project (“Don Sahong Project”)

 

Further to our announcements of 11 April 2013 and 3 June 2010, Mega First Corporation Berhad (“MFCB”) is pleased to announce that MFCB and Electricite Du Laos (“EDL”) have agreed the main principles and mutual understanding on the key commercial terms under which a Power Purchase Agreement (“PPA”) would be finalised for the future purchase of hydroelectric power to be generated by the Don Sahong Project.

Background

MFCB had on 13 February 2008 signed with the Government of Lao People’s Democratic Republic (“GOL”) the Project Development Agreement to develop, build, own and operate the Don Sahong Hydropower Project in the Khong District, Champasak Province, Lao PDR.

The Don Sahong Project is a run-of-river hydropower project which will have a capacity of 256MW and capable of generating 2,000 Gwh of electricity per year.  Construction works on the Don Sahong Project is expected to start in the next 12 months and completion anticipated by year 2018.

 

Salient terms of the Tariff MOU

Under the memorandum of understanding signed by the parties and dated 30 September 2013 (“Tariff MoU”), the parties agreed that the key commercial terms and fundamental principles agreed in the Tariff MoU shall form the basis for the negotiation of a PPA between EDL and MFCB as the Lead Sponsor, for the sale of all electric energy generated by the Don Sahong Project to the EDL Grid System via the 230 kV transmission line between the Project’s switchyard and the Ban Hat sub-station.  The Company received the signed Tariff MoU on 14 October 2013.

Financial Effects

The execution of the Tariff MoU will not have any effect on the issued and paid-up share capital of MFCB.  The earnings from the future sale of electricity to EDL is expected to enhance the future earnings and net assets of the MFCB Group.

 

Approval Required

The Tariff MoU is not subject to the approval of the shareholders of MFCB or any relevant regulatory authorities of Malaysia.

Interests of Directors, major shareholders and persons connected with them

None of the Directors, major shareholders of MFCB and/or persons connected to them, has any interest, direct or indirect, in the Tariff MoU.

 

This announcement is dated 14 October 2013.

 

 

 



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