November 21, 2013

Company announcements: IFCAMSC, INFOTEC, OSKVI, TEXCYCL, NEXTNAT, JFTECH, HHHCORP, XOX, FBMKLCI-EA

IFCAMSC - Quarterly rpt on consolidated results for the financial period ended 30/9/2013

Announcement Type: Financial Results
Company NameIFCA MSC BERHAD (ACE Market) 
Stock Name IFCAMSC  
Date Announced21 Nov 2013  
CategoryFinancial Results
Reference NoIM-131121-57509

Financial Year End31/12/2013
Quarter3
Quarterly report for the financial period ended30/09/2013
The figureshave not been audited

Attachments

IFCA Q3Y2013 Results.pdf
51 KB

IFCA Q3Y2013 Qtrly Report Notes.pdf
52 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2013
30/09/2012
30/09/2013
30/09/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
15,262
11,612
37,973
32,982
2Profit/(loss) before tax
1,950
783
1,964
3,371
3Profit/(loss) for the period
1,699
640
1,677
2,988
4Profit/(loss) attributable to ordinary equity holders of the parent
1,565
389
1,636
2,994
5Basic earnings/(loss) per share (Subunit)
0.35
0.09
0.36
0.71
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.1100
0.1000
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence

INFOTEC - Quarterly rpt on consolidated results for the financial period ended 30/9/2013

Announcement Type: Financial Results
Company NameINFORTECH ALLIANCE BERHAD (ACE Market) 
Stock Name INFOTEC  
Date Announced21 Nov 2013  
CategoryFinancial Results
Reference NoCS-131121-74E62

Financial Year End31/12/2013
Quarter3
Quarterly report for the financial period ended30/09/2013
The figureshave not been audited

Attachments

3Q Financial Result 300913.pdf
367 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2013
30/09/2012
30/09/2013
30/09/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
114
187
447
514
2Profit/(loss) before tax
-121
-72
-382
-147
3Profit/(loss) for the period
-121
-62
-382
-137
4Profit/(loss) attributable to ordinary equity holders of the parent
-121
-62
-382
-137
5Basic earnings/(loss) per share (Subunit)
-0.15
-0.08
-0.48
-0.18
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.0390
0.0438
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence

OSKVI - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameOSK VENTURES INTERNATIONAL BERHAD (ACE Market) 
Stock Name OSKVI  
Date Announced21 Nov 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoOV-131121-63955

Date of buy back21/11/2013
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)1,000
Minimum price paid for each share purchased ($$)0.520
Maximum price paid for each share purchased ($$)0.520
Total consideration paid ($$)561.16
Number of shares purchased retained in treasury (units)1,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)8,000
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

TEXCYCL - Quarterly rpt on consolidated results for the financial period ended 30/9/2013

Announcement Type: Financial Results
Company NameTEX CYCLE TECHNOLOGY (M) BERHAD (ACE Market) 
Stock Name TEXCYCL  
Date Announced21 Nov 2013  
CategoryFinancial Results
Reference NoCC-131118-38994

Financial Year End31/12/2013
Quarter3
Quarterly report for the financial period ended30/09/2013
The figureshave not been audited

Attachments

Tex Cycle - 3rd Quarter 2013.pdf
515 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2013
30/09/2012
30/09/2013
30/09/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
3,772
3,624
11,179
10,970
2Profit/(loss) before tax
1,037
852
3,685
9,242
3Profit/(loss) for the period
711
692
2,570
7,892
4Profit/(loss) attributable to ordinary equity holders of the parent
711
692
2,570
7,892
5Basic earnings/(loss) per share (Subunit)
0.42
0.41
1.50
4.62
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.3326
0.3236
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence

NEXTNAT - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameNEXTNATION COMMUNICATION BERHAD (ACE Market) 
Stock Name NEXTNAT  
Date Announced21 Nov 2013  
CategoryGeneral Announcement
Reference NoCS-131121-6C0FA

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionNEXTNATION COMMUNICATION BERHAD ("the Company" or "Nextnation")
- Disposal off a freehold land held under Geran 252459, Lot 71509 (formerly held under H.S. (D) 166472, P.T. 17493) in Mukim Damansara, Daerah Petaling, Negeri Selangor Darul Ehsan measuring approximately 156 square metres in area together with one (1) unit of five (5) storey shop-offices erected thereon bearing postal address No. 11-G, 11-1, 11-2, 11-3 and 11-4, Pusat Dagangan NZX, Jalan PJU 1A/41B, Ara Jaya, PJU 1A, 47301 Petaling Jaya, Selangor Darul Ehsan (“the said Property”)
1. Introduction
    The Board of Nextnation wishes to announce that Nextnation Network Sdn. Bhd. ("NNSB" or "the Vendor"), a wholly-owned subsidiary of Nextnation had on 21 November 2013 entered into a Sale and Purchase Agreement ("SPA") with YSL Capital Sdn. Bhd. (formerly known as Tegas Niaga Sdn. Bhd.) (Company No. 790992-V), incorporated under the Companies Act, 1965 and having its registered office at No. 85-1B, Jalan Bentara 20, Taman Ungku Tun Aminah, 81300 Skudai, Johor Darul Takzim (“the Purchaser”) to dispose off a freehold land held under Geran 252459, Lot 71509 (formerly held under H.S. (D) 166472, P.T. 17493) in Mukim Damansara, Daerah Petaling, Negeri Selangor Darul Ehsan measuring approximately 156 square metres in area together with a five (5) storey shop-offices erected thereon bearing the postal address No. 11-G, 11-1, 11-2, 11-3 and 11-4, Pusat Dagangan NZX, Jalan PJU 1A/41B, Ara Jaya, PJU 1A, 47301 Petaling Jaya, Selangor Darul Ehsan (“the said Property”) for a total cash consideration of RM2,100,000/- ("Disposal Price") ("the Disposal").


2. Details of NNSB
    NNSB is a wholly-owned subsidiary of Nextnation, incorporated under the Companies Act, 1965 on 20 April 2000 and having its registered office at Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur. NNSB is principally engaged in the business of programming services, software development, internet consulting and provision of information technology services.


3. Rationale for the Disposal
    The said Property has been vacant since it was handed over to NNSB by the developer on 30 September 2007. The Company has no plans to maintain the said Property as the development of the mall in which the said Property is located has not progressed significantly. Accessibility is not ideal and there was no rental demand, hence the decision of the Company to dispose off the said Property.


4. Basis of arriving at the Sale Consideration
    The Disposal Price of the Disposal of RM2,100,000/- was arrived at after taking into consideration the market value of comparable properties in the surrounding area. The said Property shall be disposed off on an as-is where-is basis and free from all encumbrances. The Disposal Price would be used to settle the outstanding balance of RM1.28 million as at 31 October 2013 of the original acquisition loan for the said Property of approximately RM1.59 million with Hong Leong Bank Berhad within three (3) months whilst the balance of approximately RM0.82 million is to be utilised for the Group's working capital in the next six (6) months.
    No independent valuation was carried out on the said Property for the purpose of the Disposal.

5. Particulars of all liabilities to be assumed

There are no liabilities, including contingent liabilities and guarantees, to be assumed by the Purchaser.


6. Original Date and Cost of Investment
    The said Property was acquired by NNSB on 25 July 2007 at an original cost of investment of RM1,928,800/-. The net book value of the said Property based on the latest audited accounts of NNSB for the financial year ended 30 April 2013 is approximately RM1.73 million.


7. Financial effects
    (i) Share capital and substantial shareholders’ shareholding

    The Disposal will not have any effect on the share capital and substantial shareholders’ shareholding in Nextnation.

    (ii) Net Assets

    The Disposal is not expected to have any material effect on the net assets of the Nextnation Group.

    (iii) Earnings

    The Disposal is not expected to have any material effect on the earnings of the Nextnation Group.

    (iv) Gearing

    The Disposal is not expected to have any material effect on the gearing of the Nextnation Group.

8. Expected Gain on the Disposal

Based on the net book value of the said Property in the latest audited accounts of NNSB for the financial year ended 30 April 2013 of approximately RM1.73 million, NNSB is expected to realise an estimated gain of approximately RM0.37 million from the Disposal.


9. Salient terms of the SPA
    (i) The sum of RM42,000/- only paid by the Purchaser to the Vendor prior to the execution of the SPA;
      (ii) A further sum of RM168,000/- only paid by the Purchaser to the Vendor upon the execution of the SPA;
        (iii) The Balance Purchase Price amounting to RM1,890,000/- only shall be paid by the Purchaser’s Solicitors to the Vendor’s Solicitors as stakeholders within three (3) months from the date of the SPA (hereinafter referred to as “the Completion Date”); and
          (iv) In the event that the Purchaser and/or its financier is unable to pay the Balance Purchase Price to the Vendor’s Solicitors as stakeholder within the Completion Date, the Vendor shall grant to the Purchaser an extension to the Completion Date for a period of one (1) month from the date of expiration (hereinafter be referred to as the “Extended Completion Date”) to pay the Balance Purchase Price in which event the Purchaser shall pay to the Vendor an agreed interest on the unpaid balance of the Balance Purchase Price at the rate of eight per centum (8%) per annum calculated on a daily rests basis on a 365 day year until the date of full payment of the outstanding Balance Purchase Price remaining unpaid from the Completion Date to the date the actual payment is received in full by the Purchaser’s Solicitors.


        10. Percentage Ratios

        The highest percentage ratio applicable to the Disposal pursuant to Rule of 10.02(g) of Bursa Malaysia Securities Berhad ACE Market Listing Requirements is 2.79% based on the latest audited financial statements of Nextnation as at 30 April 2013.


        11. Estimated time frame to complete the Disposal
          Barring any unforeseen circumstances, the Disposal is expected to be completed in three (3) months from the date of the SPA.


        12. Directors' and Major Shareholders' Interest
          None of the directors and/or major shareholders of Nextnation and/or persons connected with them have any interest, direct or indirect, in the Disposal.

        13. Approval required
          The Disposal is not subject to shareholders' approval or other relevant government authorities’ approval.

        14. Statement of the Directors
          The Board of Directors of Nextnation, having considered all aspects of the Disposal, are of the opinion that the Disposal is in the best interest of Nextnation.


        15. Document Available for Inspection
          A copy of the SPA are available for inspection at Nextnation’s registered office located at Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur during normal business hours from Monday to Friday (excluding public holidays) for a period of three (3) months from the date of this announcement.

        This announcement is dated 21 November 2013.

        JFTECH - GENERAL MEETINGS: NOTICE OF MEETING

        Announcement Type: General Meetings
        Company NameJF TECHNOLOGY BERHAD (ACE Market) 
        Stock Name JFTECH  
        Date Announced21 Nov 2013  
        CategoryGeneral Meetings
        Reference NoCS-131121-601D5

        Type of MeetingAGM
        IndicatorNotice of Meeting
        DescriptionJF TECHNOLOGY BERHAD
        -NOTICE OF THE SEVENTH ANNUAL GENERAL MEETING
        Date of Meeting16/12/2013
        Time09:00 AM
        VenueGreens III, Tropicana Golf & Country Resorts, Jalan
        Kelab Tropicana, 47410 Petaling Jaya, Selangor Darul Ehsan
        Date of General Meeting Record of Depositors09/12/2013

        Attachments

        Notice of 7th AGM.pdf
        67 KB


        HHHCORP - Changes in Director's Interest (S135) - Soo Kit Lin

        Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Company NameHIAP HUAT HOLDINGS BERHAD (ACE Market) 
        Stock Name HHHCORP  
        Date Announced21 Nov 2013  
        CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
        Reference NoCC-131121-72765

        Information Compiled By KLSE

        Particulars of Director

        NameSoo Kit Lin
        AddressNo. 28 Jalan Daun Inai 14
        Sunway SPK Kepong
        52200 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)
        Acquired
        19/11/2013
        71,200
        0.140 

        Circumstances by reason of which change has occurredAcquisition of shares by Mr Chan Ban Hin via open market transactions
        Nature of interestIndirect
        Consideration (if any) 

        Total no of securities after change

        Direct (units)69,405,460 
        Direct (%)20.82 
        Indirect/deemed interest (units)62,147,010 
        Indirect/deemed interest (%)18.65 
        Date of notice21/11/2013

        Remarks :
        The total percentage of shares acquired by Mr Chan Ban Hin was around 0.02% of the total issued and paid up capital of the Company

        HHHCORP - Changes in Sub. S-hldr's Int. (29B) - Soo Kit Lin

        Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Company NameHIAP HUAT HOLDINGS BERHAD (ACE Market) 
        Stock Name HHHCORP  
        Date Announced21 Nov 2013  
        CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
        Reference NoCC-131121-72757

        Particulars of substantial Securities Holder

        NameSoo Kit Lin
        AddressNo. 28 Jalan Daun Inai 14
        Sunway SPK Kepong
        52200 Kuala Lumpur
        NRIC/Passport No/Company No.550121-10-6036
        Nationality/Country of incorporationMalaysian
        Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
        Name & address of registered holderSoo Kit Lin
        No. 28 Jalan Daun Inai 14
        Sunway SPK Kepong
        52200 Kuala Lumpur

        Chan Ban Hin
        A 10-03 Casa Magna Apartment
        No. 2, Jalan Prima 10
        Metro Prima Kepong
        52100 Kuala Lumpur

        Details of changes

        Currency: Malaysian Ringgit (MYR)

        Type of transactionDate of change
        No of securities
        Price Transacted (RM)
        Acquired19/11/2013
        71,200
        0.140 

        Circumstances by reason of which change has occurredAcquisition of shares by Mr Chan Ban Hin via open market transactions
        Nature of interestIndirect
        Direct (units)69,405,460 
        Direct (%)20.82 
        Indirect/deemed interest (units)62,147,010 
        Indirect/deemed interest (%)18.65 
        Total no of securities after change131,552,470
        Date of notice21/11/2013

        XOX - Annual Report 2013 - Errata

        Announcement Type: Document Receipt
        Company NameXOX BHD (ACE Market) 
        Stock Name XOX  
        Date Announced21 Nov 2013  
        CategoryDocument Receipt
        Reference NoJM-131121-64603

        Annual Report for Financial Year Ended30/06/2013
        SubjectAnnual Report 2013 - Errata

        Attachments

        XOX-Errata.pdf
        1085 KB





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

        Announcement Type: General Announcement
        Company NameFTSE BURSA MALAYSIA KLCI ETF  
        Stock Name FBMKLCI-EA  
        Date Announced21 Nov 2013  
        CategoryGeneral Announcement
        Reference NoFB-131121-4B45E

        TypeAnnouncement
        SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
        DescriptionFTSE Bursa Malaysia KLCI etf - Valuation Point as at 21 November 2013

        Fund: FTSE Bursa Malaysia KLCI etf
        NAV per unit (RM): 1.8485
        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: 1,794.65

        Attachments

        FBM KLCI etf 20131121.xls
        34 KB


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