October 1, 2013

Company announcements: REDTONE, ASIAEP, IDEAL, NOTION, ASIAPLY, SANICHI

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

Announcement Type: General Announcement
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced1 Oct 2013  
CategoryGeneral Announcement
Reference NoCK-131001-59502

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionNOTICE OF INTENTION TO DEAL IN THE COMPANY'S SECURITIES DURING CLOSED PERIOD PURSUANT TO RULE 14.08 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

We wish to announce that the Company has received notifications from the following Directors on their intention to deal in the securities of the Company during the closed period as defined in the ACE Market Listing Requirements of Bursa Securities. Their current interest in the securities of the Company are shown in the table below:

Director

Nature of interest in the Company

No. of ordinary shares as at 1 October 2013

%

No. of Irredeemable Convertible Unsecured Loan Stocks ("ICULS") as at 1 October 2013

%

No. of Warrants as at 1 October 2013

%

Dato' Wei Chuan Beng

Direct interest

Indirect interest

16,970,976

4,000,000

3.40

0.80

11,891,700

5.29

0

0

Lau Bik Soon

Direct interest

3,216,600

0.64

511,900

0.22

0

0

Jagdish Singh Dhaliwal

Direct interest

350,000

0.07

0

0

0

0



ASIAEP - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameASIAEP RESOURCES BERHAD (ACE Market) 
Stock Name ASIAEP  
Date Announced1 Oct 2013  
CategoryGeneral Announcement
Reference NoMI-131001-53876

Regularisation SponsorKAF Investment Bank Berhad
SponsorSame as above
TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionasiaEP RESOURCES BERHAD (“asiaEP” OR “COMPANY”)

Monthly Update on the status of the Company’s plan to comply with the obligation to regularise its condition pursuant to Guidance Note 3 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad (“GN3”)

Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those in the Requisite Announcement as announced on 30 April 2013.

We refer to the announcements made by the Company on 17 May 2012, 1 June 2012, 2 July 2012, 1 August 2012, 3 September 2012, 1 October 2012, 2 October 2012, 1 November 2012, 3 December 2012, 2 January 2013, 4 February 2013, 1 March 2013, 1 April 2013, 2 May 2013, 3 June 2013, 1 July 2013, 1 August 2013 and 2 September 2013.

Reference is also made to the Requisite Announcement and announcements by KAF Investment, on behalf of the Board of asiaEP, on 30 April 2013, 2 May 2013, 13 May 2013, 2 July 2013, 11 July 2013 and 30 July 2013 respectively, in relation to the Proposed Regularisation Plan of asiaEP.

On behalf of the Board of asiaEP, KAF Investment wishes to announce that there are no major developments subsequent to the Company's submission of the applications in relation to the Proposed Regularisation Plan to relevant regulatory authorities as announced on 11 July 2013.

This announcement is dated 1 October 2013.



IDEAL - OTHERS IDEAL SUN CITY HOLDINGS BERHAD ("Ideal" or "the Company") -Proposed Change of Auditors

Announcement Type: General Announcement
Company NameIDEAL SUN CITY HOLDINGS BERHAD (ACE Market) 
Stock Name IDEAL  
Date Announced1 Oct 2013  
CategoryGeneral Announcement
Reference NoCP-130930-9ABC7

TypeAnnouncement
SubjectOTHERS
DescriptionIDEAL SUN CITY HOLDINGS BERHAD ("Ideal" or "the Company")
-Proposed Change of Auditors

The Board of Directors of the Company wishes to announce that Messrs PKF have tendered their resignation as the Auditors of the Company for the financial year ending 31 December 2013 vide their letter dated 1 October 2013. Pursuant to Section 172 (15) of the Companies Act, 1965, their resignation will be effective only after new Auditors have been appointed.

In consequence thereof, Messrs UHY has been nominated as Auditors of the Company for the financial year ending 31 December 2013 in place of Messrs PKF, to hold office until the conclusion of the next annual general meeting of the Company at a remuneration to be fixed by the Directors.

The proposed appointment of Messrs UHY as the new Auditors is subject to approval being obtained from the shareholders of Ideal at an Extraordinary General Meeting to be convened.

A circular to the shareholders containing details of the proposed appointment of Auditors in place of the resigning Auditors will be sent to the shareholders of the Company in due course.

This announcement is dated 1 October 2013.




IDEAL - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameIDEAL SUN CITY HOLDINGS BERHAD (ACE Market) 
Stock Name IDEAL  
Date Announced1 Oct 2013  
CategoryGeneral Announcement
Reference NoCP-130930-EA23C

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionIDEAL SUN CITY HOLDINGS BERHAD (“Ideal” or “the Company”)
- Monthly Announcement On the Status of the Company’s Plan to Comply With the Obligation to Regularise its Condition Pursuant to Guidance Note 3 ("GN3") of the Bursa Malaysia Securities Bhd ACE Market Listing Requirements (“ACE LR”)

Reference is made to the announcement dated 2 September 2013, in compliance with paragraph 4.4 of the GN3 of ACE LR. The Board of Directors of IDEAL ("Board") wishes to inform as follows:-

a) Bursa Securities had vide its letter dated 13 May 2013 resolved to approve the Company's regularisation plan subject to the conditions as stated in its letter; and

b) Bank Negara Malaysia ("BNM") had vide its letter dated 25 June 2013 (received on 4 July 2013) approved the issuance of Warrants to non-resident shareholders pursuant to the Proposed Right Issues with Warrants and Proposed Placement with Warrants.

The Company is currently in the midst of implementing its regularisation plan. Any further development to the approved regularisation plan shall be announced accordingly.

This announcement is dated 1 October 2013.



IDEAL - PRACTICE NOTE 1 / GUIDANCE NOTE 5:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameIDEAL SUN CITY HOLDINGS BERHAD (ACE Market) 
Stock Name IDEAL  
Date Announced1 Oct 2013  
CategoryGeneral Announcement
Reference NoCP-130930-EA243

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectPRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
DescriptionIDEAL SUN CITY HOLDINGS BERHAD (“IDEAL” or “the Company”)
- Monthly Announcement Pursuant to Guidance Note 5/2006 ("GN5") – Default in Payments

Further to the announcement made on 2 September 2013 pursuant to GN5 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of IDEAL (“the Board”) wishes to inform that with request to the settlement of debt with Orix Credit Malaysia Sdn Bhd (“Orix”), the High Court of Johore Bahru has on 9 January 2012 dismissed the claim of Orix against Ideal Property Concepts Sdn Bhd and the Company. An appeal has been filed by Orix on 1 February 2012. The case had been heard on 27 August 2013 and adjourned to 27 November 2013.

The Company will make the necessary announcement on further development on this matter, if any.

IDEAL will no longer be in default of payments to the financial institution provided that Orix’s appeal is dismissed.

This announcement is dated 1 October 2013.



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

Announcement Type: General Announcement
Company NameNOTION VTEC BERHAD  
Stock Name NOTION  
Date Announced1 Oct 2013  
CategoryGeneral Announcement
Reference NoCC-131001-6D604

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Director has notified of the changes in his interest in the securities of the Company, details as set out in Table 1 hereunder.

This announcement is dated 1 October 2013.
Table 1
Name of Director
Date of Disposal
Number of Ordinary Shares of RM0.50 each Disposed
% of Ordinary Shares Disposed*
Price Per Ordinary Share (RM)
Choo Wing Hong
27 September 2013
230,000
0.09
0.782

*The percentage of interest is based on the issued and paid-up share capital less 2,147,273 ordinary shares of RM0.50 each bought-back by the Company and retained as treasury shares.


NOTION - Changes in Sub. S-hldr's Int. (29B) - Choo Wing Hong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameNOTION VTEC BERHAD  
Stock Name NOTION  
Date Announced1 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-131001-67F08

Particulars of substantial Securities Holder

NameChoo Wing Hong
Address1 Jalan 18/7
46000 Petaling Jaya
Selangor Darul Ehsan
NRIC/Passport No/Company No.650615-10-7715
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderRHB Capital Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Choo Wing Hong

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed27/09/2013
230,000
0.782 

Circumstances by reason of which change has occurredSale in open market
Nature of interestDirect
Direct (units)34,895,126 
Direct (%)13.01 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change34,895,126
Date of notice01/10/2013

Remarks :
The total direct shareholdings are held as follows:-
(i) 22,449,126 ordinary shares of RM0.50 each are registered in the name of Choo Wing Hong;
(ii) 5,676,000 ordinary shares of RM0.50 each are registered in the name of AllianceGroup Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Choo Wing Hong; and
(iii) 6,770,000 ordinary shares of RM0.50 each are registered in the name of RHB Capital Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Choo Wing Hong.

The percentage of direct interest is based on the issued and paid-up share capital less 2,147,273 ordinary shares of RM0.50 each bought-back by the Company and retained as treasury shares.


NOTION - Changes in Director's Interest (S135) - Choo Wing Hong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameNOTION VTEC BERHAD  
Stock Name NOTION  
Date Announced1 Oct 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-131001-67E20

Information Compiled By KLSE

Particulars of Director

NameChoo Wing Hong
Address1 Jalan 18/7
46000 Petaling Jaya
Selangor Darul Ehsan
Descriptions(Class & nominal value)Ordinary Shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
27/09/2013
230,000
0.782 

Circumstances by reason of which change has occurredSale in open market
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)34,895,126 
Direct (%)13.01 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice01/10/2013

Remarks :
The total direct shareholdings are held as follows:-
(i) 22,449,126 ordinary shares of RM0.50 each are registered in the name of Choo Wing Hong;
(ii) 5,676,000 ordinary shares of RM0.50 each are registered in the name of AllianceGroup Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Choo Wing Hong; and
(iii) 6,770,000 ordinary shares of RM0.50 each are registered in the name of RHB Capital Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Choo Wing Hong.

The percentage of direct interest is based on the issued and paid-up share capital less 2,147,273 ordinary shares of RM0.50 each bought-back by the Company and retained as treasury shares.


ASIAPLY - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company NameASIA POLY HOLDINGS BERHAD (ACE Market) 
Stock Name ASIAPLY  
Date Announced1 Oct 2013  
CategoryChange Of Company Secretary
Reference NoCV-131001-54454

Date of change01/10/2013
Type of changeResignation
DesignationSecretary
License no.MAICSA 7011254
NameSIEW SUET WEI
Working experience and occupation during past 5 years


SANICHI - PRACTICE NOTE 1 / GUIDANCE NOTE 5:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameSANICHI TECHNOLOGY BERHAD (ACE Market) 
Stock Name SANICHI  
Date Announced1 Oct 2013  
CategoryGeneral Announcement
Reference NoCC-130930-744C7

TypeAnnouncement
SubjectPRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
DescriptionSanichi Technology Berhad ("Sanichi" or "the Company")
Guidance Note 5 - Monthly announcement

Pursuant to the monthly announcement on the status of Default in Payment pursuant to GN5, the Board of Directors of Sanichi wishes to announce that there is no development on the status of default save and except for the announcements made to date.

This announcement is dated 1 October 2013.



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