November 6, 2013

Company announcements: LNGRES, ASDION, MQTECH, NEXTNAT, FLONIC, RA, MYEG

LNGRES - Notice of Interest Sub. S-hldr (29A) - Dutamas Pelangi Sdn. Bhd.

Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Company NameLNG RESOURCES BERHAD (ACE Market) 
Stock Name LNGRES  
Date Announced6 Nov 2013  
CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Reference NoCA-131030-56614

Particulars of Substantial Securities Holder

NameDutamas Pelangi Sdn. Bhd.
Address63, 1st Floor, Jalan Selat, Taman Selat,
12000 Butterworth, Penan
NRIC/Passport No/Company No.938693-M
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderIndowang Sdn. Bhd.
6779, Jalan Kampung Gajah,
12200 Butterworth, Penan

Date interest acquired & no of securities acquired

CurrencyMalaysian Ringgit (MYR)
Date interest acquired01/11/2013
No of securities45,600,000
Circumstances by reason of which Securities Holder has interestAcquisition of 30% equity interest in Indowang Sdn. Bhd
Nature of interestIndirect Interest -Deemed interested by virtue of Section 6A of the Companies Act, 1965.
Price Transacted ($$)

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)45,600,000 
Indirect/deemed interest (%)19.04 
Date of notice01/11/2013

Remarks :
We received the notice on November 6, 2013.


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

Announcement Type: General Announcement
Company NameASDION BERHAD (ACE Market) 
Stock Name ASDION  
Date Announced6 Nov 2013  
CategoryGeneral Announcement
Reference NoMI-131106-42303

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionASDION BERHAD (“ASDION”)

PROPOSED JOINT VENTURE

For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in Asdion's announcement dated 2 September 2013 in relation to, amongst others, the Proposed Joint Venture.

We refer to Asdion's earlier announcement dated 2 September 2013 in relation to, amongst others, the Proposed Joint Venture. On behalf of the Board of Directors of Asdion, KAF Investment Bank Berhad wishes to announce that Asdion has on 6 November 2013 entered into a supplemental shareholders’ agreement with PDSB to vary certain terms and conditions of the JVA (“Supplemental JVA”).

Kindly refer to the attached document for the complete announcement in relation to the Supplemental JVA.

This announcement is dated 6 November 2013.

Attachments

Asdion - Supp JVA.pdf
118 KB



MQTECH - Notice of Person Ceasing (29C) - CHENG YU KIAM

Announcement Type: Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Company NameMQ TECHNOLOGY BERHAD (ACE Market) 
Stock Name MQTECH  
Date Announced6 Nov 2013  
CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference NoCC-131106-6C0CE

Particulars of substantial Securities Holder

NameCHENG YU KIAM
AddressNo 112-G Kelang Sago Baru
9001 Kulim Kedah Malaysia
NRIC/Passport No/Company No.680702-02-5030
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.10 EACH
Date of cessation30/10/2013
Name & address of registered holder1)CHENG YU KIAM
No 112-G Kelang Sago Baru
9001 Kulim Kedah Malaysia

2)RHB NOMINEES (TEMPATAN) SDN BHD
64 Bishop Street
10200 Georgetown
Pulau Pinang Malaysi
CurrencyMalaysian Ringgit (MYR)
Number of securities disposed2,511,900 
Price Transacted ($$) 
Circumstances by reason of which a person ceases to be a substantial securities HolderOPEN MARKET DISPOSALS
Nature of interestDIRECT & DEEM INTEREST
Date of notice30/10/2013

Remarks :
THE FORM 29C WAS RECEIVED BY THE COMPANY ON 06 NOVEMBER 2013


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 Announced6 Nov 2013  
CategoryGeneral Announcement
Reference NoCS-131106-75C3B

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionNEXTNATION COMMUNICATION BERHAD (“NCB” OR “COMPANY”) - ACQUISITIONS
For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Company’s announcement dated 4 November 2013 in relation to the Acquisitions.
1.0 INTRODUCTION
      Reference is made to the Company’s announcement on 4 November 2013 in relation to the Acquisitions. We wish to clarify that, in conjunction with the Acquisitions, NCB had also acquired 20,849,215 warrants 2012/2017 in R&A (“R&A Warrants”) from the Vendor via direct business transactions for a cash consideration of RM312,738.23 or RM0.015 per R&A Warrant (“Warrants Purchase Consideration”) on 4 November 2013. In relation thereto, the Acquisitions shall also include the said acquisition of 20,849,215 R&A Warrants by NCB.


2.0 BASIS AND JUSTIFICATION OF ARRIVING AT THE WARRANTS PURCHASE CONSIDERATION
        The Warrants Purchase Consideration was arrived at on a “willing-buyer willing-seller” basis after taking into considerationthe five (5)-day VWAP of R&A Warrants on Bursa Securities up to 1 November 2013 of RM0.034. The Board is of the opinion that the Warrants Purchase Consideration is justifiable in view that it represents a discount of about 55.88% to the said five (5)-day VWAP of R&A Warrants.


    3.0 SOURCE OF FUNDING
          The Warrants Purchase Consideration shall be fully satisfied in cash, which shall be financed through internally generated funds.


      4.0 ADDITIONAL INFORMATION
          NCB wishes to inform that the aggregate purchase consideration for quoted securities acquired by NCB within the preceding 12 months prior to the Acquisitions amounted to RM10.31 million, which has exceeded 5% of the latest audited consolidated net assets of NCB as at 30 April 2013. Accordingly, further information as required to be disclosed pursuant to Rule 9.20 of the ACE Market Listing Requirements of Bursa Securities are set out below:-
      Transaction
      Aggregate purchase consideration
      As a % of NCB’s latest audited consolidated net assets as at 30 April 2013
      Acquisitions
      RM10.31 million
      9.57%
          Information on all investments in quoted securities held by NCB is as follows:-

          (i) Total Cost : RM10.31 million

          (ii) Book Value : RM10.31million

          (iii) Market Value : RM12.63 million^

          Notes:-

          ^ Based on the closing prices of R&A Shares and R&A Warrants of RM0.06 and RM0.03 respectively on 4 November 2013.
          During the current financial year ending 30 April 2014, NCB has not disposed of any quoted securities.


      Save for the above, all other information in the Company’s announcement on 4 November 2013 in relation to the Acquisitions shall remain the same.

      This announcement is dated 6 November 2013.


      FLONIC - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

      Announcement Type: General Announcement
      Company NameFLONIC HI-TEC BHD (ACE Market) 
      Stock Name FLONIC  
      Date Announced6 Nov 2013  
      CategoryGeneral Announcement
      Reference NoOS-131106-051D5

      TypeAnnouncement
      SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
      FUND RAISING
      DescriptionFLONIC HI-TEC BHD (“FLONIC” OR “COMPANY”)

      PROPOSED PRIVATE PLACEMENT OF UP TO 34,994,493 NEW ORDINARY SHARES OF RM0.05 EACH IN FLONIC TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD (“PROPOSED PRIVATE PLACEMENT”)

      (Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 27 September 2013.)

      Further to the announcements dated 27 September 2013 and 8 October 2013 in relation to the Proposed Private Placement, M&A Securities on behalf of the Board of Flonic wishes to announce the following additional information in relation to the Proposed Private Placement.

      Kindly refer to the attachment for more information.

      This announcement is dated 6 November 2013.



      RA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

      Announcement Type: General Announcement
      Company NameR&A TELECOMMUNICATION GROUP BERHAD (ACE Market) 
      Stock Name RA  
      Date Announced6 Nov 2013  
      CategoryGeneral Announcement
      Reference NoCZ-131106-00312

      Admission SponsorRHB Investment Bank Bhd
      SponsorSame as above
      TypeAnnouncement
      SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
      DEALINGS DURING CLOSED PERIOD
      DescriptionThe following Director has given notice of his dealings in the securities of the Company during Closed Period as follows:-

      Name

      Date of Disposed

      Price Transacted Per Share

      No. of Shares

      Percentage of issued Shares Disposed (%)

      Remarks

      Francis Tan Hock Leong

      04 November 2013

      0.05

      100,000,000

      11.377

      Disposal of Shares

      This Announcement is dated 06 November 2013



      RA - Changes in Director's Interest (S135) - FRANCIS TAN HOCK LEONG

      Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
      Company NameR&A TELECOMMUNICATION GROUP BERHAD (ACE Market) 
      Stock Name RA  
      Date Announced6 Nov 2013  
      CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
      Reference NoCZ-131106-002FD

      Information Compiled By KLSE

      Admission SponsorRHB Investment Bank Bhd
      SponsorSame as above

      Particulars of Director

      NameFRANCIS TAN HOCK LEONG
      AddressUNIT 55, JALAN 32/70A
      KIARA HILL, DESA SRI HARTAMAS
      50480 KUALA LUMPUR
      Descriptions(Class & nominal value)ORDINARY SHARES @ RM0.10 EACH

      Details of changes

      Currency: Malaysian Ringgit (MYR)

      Type of transaction
      Date of change
      No of securities
      Price Transacted (RM)
      Disposed
      04/11/2013
      100,000,000
      0.050 

      Circumstances by reason of which change has occurredDISPOSAL
      Nature of interestDIRECT
      Consideration (if any) 

      Total no of securities after change

      Direct (units)137,822,053 
      Direct (%)15.68 
      Indirect/deemed interest (units)58,203,338 
      Indirect/deemed interest (%)6.622 
      Date of notice06/11/2013

      Remarks :
      DEEMED INTEREST THROUGH HIS SPOUSE, CHEOK CHUN LIAN


      RA - Changes in Sub. S-hldr's Int. (29B) - FRANCIS TAN HOCK LEONG

      Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Company NameR&A TELECOMMUNICATION GROUP BERHAD (ACE Market) 
      Stock Name RA  
      Date Announced6 Nov 2013  
      CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Reference NoCZ-131106-00306

      Admission SponsorRHB Investment Bank Bhd
      SponsorSame as above

      Particulars of substantial Securities Holder

      NameFRANCIS TAN HOCK LEONG
      AddressUNIT 55, JALAN 32/70A
      KIARA HILL, DESA SRI HARTAMAS
      50480 KUALA LUMPUR
      NRIC/Passport No/Company No.660425-10-7289
      Nationality/Country of incorporationMALAYSIAN
      Descriptions (Class & nominal value)ORDINARY SHARES @ RM0.10 EACH
      Name & address of registered holderFRANCIS TAN HOCK LEONG
      UNIT 55, JALAN 32/70A
      KIARA HILL, DESA SRI HARTAMAS
      50480 KUALA LUMPUR

      CHEOK CHUN LIAN
      UNIT 55, JALAN 32/70A
      KIARA HILL, DESA SRI HARTAMAS
      50480 KUALA LUMPUR

      Details of changes

      Currency: Malaysian Ringgit (MYR)

      Type of transactionDate of change
      No of securities
      Price Transacted (RM)
      Disposed04/11/2013
      100,000,000
      0.050 

      Circumstances by reason of which change has occurredDISPOSAL
      Nature of interestDIRECT
      Direct (units)137,822,053 
      Direct (%)15.68 
      Indirect/deemed interest (units)58,203,338 
      Indirect/deemed interest (%)6.622 
      Total no of securities after change196,025,391
      Date of notice06/11/2013

      Remarks :
      DEEMED INTEREST THROUGH HIS SPOUSE, CHEOK CHUN LIAN


      RA - Changes in Sub. S-hldr's Int. (29B) - CHEOK CHUN LIAN

      Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Company NameR&A TELECOMMUNICATION GROUP BERHAD (ACE Market) 
      Stock Name RA  
      Date Announced6 Nov 2013  
      CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Reference NoCZ-131106-00311

      Admission SponsorRHB Investment Bank Bhd
      SponsorSame as above

      Particulars of substantial Securities Holder

      NameCHEOK CHUN LIAN
      AddressUNIT 55, JALAN 32/70A
      KIARA HILL, DESA SRI HARTAMAS
      50480 KUALA LUMPUR
      NRIC/Passport No/Company No.670705-05-5216
      Nationality/Country of incorporationMALAYSIAN
      Descriptions (Class & nominal value)ORDINARY SHARES @ RM0.10 EACH
      Name & address of registered holderCHEOK CHUN LIAN
      UNIT 55, JALAN 32/70A
      KIARA HILL, DESA SRI HARTAMAS
      50480 KUALA LUMPUR

      FRANCIS TAN HOCK LEONG
      UNIT 55, JALAN 32/70A
      KIARA HILL, DESA SRI HARTAMAS
      50480 KUALA LUMPUR

      Details of changes

      Currency: Malaysian Ringgit (MYR)

      Type of transactionDate of change
      No of securities
      Price Transacted (RM)
      Disposed04/11/2013
      100,000,000
      0.050 

      Circumstances by reason of which change has occurredDISPOSAL
      Nature of interestINDIRECT
      Direct (units)58,203,338 
      Direct (%)6.622 
      Indirect/deemed interest (units)137,822,053 
      Indirect/deemed interest (%)15.68 
      Total no of securities after change196,025,391
      Date of notice06/11/2013

      Remarks :
      DEEMED INTEREST THROUGH HER SPOUSE, FRANCIS TAN HOCK LEONG


      MYEG - Change in Boardroom

      Announcement Type: Change in Boardroom
      Company NameMY E.G. SERVICES BERHAD  
      Stock Name MYEG  
      Date Announced6 Nov 2013  
      CategoryChange in Boardroom
      Reference NoCC-131029-39105

      Date of change01/11/2013
      NameDato' Shamsul Anuar Bin Haji Nasarah
      Age46
      NationalityMalaysian
      Type of changeAppointment
      DesignationDirector
      DirectorateIndependent & Non Executive
      QualificationsDato’ Shamsul Anuar Bin Haji Nasarah graduated with an Executive Diploma in Counseling from University of Malaya (UM). He is currently pursuing his Master of Arts in Sociology at the College of Law, Government and International Studies of University Utara Malaysia (UUM). 
      Working experience and occupation Dato’ Shamsul has very extensive experience in youth movement. Since his young age, he had joined and led several youth movements in Malaysia as well as internationally. He had held various positions and had risen among the ranks to be the Deputy President of the Perak State Youth Council (2004-2005) and President of the Malaysian Youth Council (2006-2009). Internationally, he was involved and held several positions in the ASEAN Youth Organisation (CAYC), Asian Youth Association (AYC) and the World Assembly of Youth (WAY). He was also involved in numerous policies formulation under the Ministry of Youth and Sports, namely the National Youth Policy, the National Master Plan for Youth Development and the National Youth Development Act , 2006.

      He was formerly the Chairman of the Youth Development and Research Institute of Malaysia (IPPBN) of the Ministry of Youth and Sports Malaysia (2007-2009) and a former board member of the Federal Agricultural Marketing Authority (FAMA) of the Ministry of Agriculture and Agro-Based Industry Malaysia (2009 – 2013). He is currently the Chairman of the National Higher Education Fund Corporation (PTPTN) and a Member of Parliament for the constituency of Lenggong, Perak. 
      Directorship of public companies (if any)None 
      Family relationship with any director and/or major shareholder of the listed issuerNone 
      Any conflict of interests that he/she has with the listed issuerNone 
      Details of any interest in the securities of the listed issuer or its subsidiariesNone 


      No comments:

      Post a Comment