M3TECH - Annual Report 2013
Announcement Type: Document Receipt
| Company Name | M3 TECHNOLOGIES (ASIA) BERHAD (ACE Market) |
| Stock Name | M3TECH |
| Date Announced | 4 Nov 2013 |
| Category | Document Receipt |
| Reference No | JM-131104-63491 |
| Annual Report for Financial Year Ended | 30/06/2013 |
| Subject | Annual Report 2013 |
ANCOMLB - GENERAL MEETINGS: NOTICE OF MEETING
Announcement Type: General Meetings
| Company Name | ANCOM LOGISTICS BERHAD (ACE Market) |
| Stock Name | ANCOMLB |
| Date Announced | 4 Nov 2013 |
| Category | General Meetings |
| Reference No | CU-131104-61467 |
| Type of Meeting | EGM |
| Indicator | Notice of Meeting |
| Description | ANCOM LOGISTICS BERHAD ("ALB" OR "THE COMPANY") (I) PROPOSED DISPOSAL OF 7,911,192 ORDINARY SHARES OF SINSENMOH TRANSPORTATION PTE LTD ("SSM"), REPRESENTING 100% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SSM, BY SYNERGY TRANS-LINK SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF ALB, TO CWT LIMITED FOR A TOTAL DISPOSAL CONSIDERATION AS SET OUT IN THE CONDITIONAL SHARE SALE AGREEMENT, TO BE FULLY SATISFIED BY CASH ("PROPOSED DISPOSAL"); (II) PROPOSED DISTRIBUTION OF PART OF THE PROCEEDS ARISING FROM THE PROPOSED DISPOSAL TO ALL ENTITLED SHAREHOLDERS OF ALB; AND (III) PROPOSED AMENDMENT TO ALB'S MEMORANDUM OF ASSOCIATION PURSUANT TO THE PROPOSED CAPITAL REDUCTION AND REPAYMENT ("PROPOSED AMENDMENT") (COLLECTIVELY, REFERED TO AS THE "PROPOSALS"). |
| Date of Meeting | 28/11/2013 |
| Time | 10:00 AM |
| Venue | Saujana Ballroom, The Saujana Hotel Kuala Lumpur, Saujana Resort, Jalan Lapangan Terbang SAAS, 40150 Shah Alam, Selangor Darul Ehsan. |
| Date of General Meeting Record of Depositors | 13/11/2013 |
MQTECH - Changes in Sub. S-hldr's Int. (29B) - CHENG YU KIAM
Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
| Company Name | MQ TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | MQTECH |
| Date Announced | 4 Nov 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-131030-0143C |
Particulars of substantial Securities Holder
| Name | CHENG YU KIAM |
| Address | No 112-G Kelang Sago Baru 9001 Kulim Kedah Malaysia |
| NRIC/Passport No/Company No. | 680702-02-5030 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
| Name & address of registered holder | 1.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 |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 29/10/2013 | 1,000,000 |
| Remarks : |
| The Form 29B was received by the Company on 4 November 2013 |
MQTECH - Notice of Interest Sub. S-hldr (29A) - CHENG YU KIAM
Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
| Company Name | MQ TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | MQTECH |
| Date Announced | 4 Nov 2013 |
| Category | Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965 |
| Reference No | CC-131030-0144C |
Particulars of Substantial Securities Holder
| Name | CHENG YU KIAM |
| Address | No 112-G Kelang Sago Baru 9001 Kulim Kedah Malaysia |
| NRIC/Passport No/Company No. | 680702-02-5030 |
| Nationality/Country of incorporation | MALAYSIAN |
| Descriptions (Class & nominal value) | ORDINARY SHARES OF RM0.10 EACH |
| Name & address of registered holder | 1.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 |
| Remarks : |
| The Form 29A was received by the Company on 4 November 2013. |
SOLUTN - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):ESOS
Announcement Type: General Announcement
| Company Name | SOLUTION ENGINEERING HOLDINGS BERHAD (ACE Market) |
| Stock Name | SOLUTN |
| Date Announced | 4 Nov 2013 |
| Category | General Announcement |
| Reference No | OS-131104-66518 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) ESOS |
| Description | SOLUTION ENGINEERING HOLDINGS BERHAD (“SEHB” OR “COMPANY”) PROPOSED ESTABLISHMENT OF AN EMPLOYEES’ SHARE OPTION SCHEME (“ESOS”) FOR THE ELIGIBLE EMPLOYEES AND DIRECTORS OF SEHB AND ITS SUBSIDIARIES |
On behalf of the Board of Directors of SEHB (“Board”), M&A Securities Sdn Bhd wishes to announce that the Company has proposed to establish and implement an ESOS of up to thirty percent (30%) of the total issued and paid-up share capital of SEHB (excluding treasury shares) at any point in time during the duration of the ESOS (“Proposed ESOS”), for the entitled employees and Directors of the SEHB and its subsidiaries (excluding its dormant subsidiary, if any) who are eligible to participate in the Proposed ESOS . Further details of the Proposed ESOS is set out in the attachment attached herein. This announcement is dated 4 November 2013. | |
NEXTNAT - OTHERS NEXTNATION COMMUNICATION BERHAD (“NCB” OR “COMPNAY”) ACQUISITIONS BY NCB OF A TOTAL OF 200,000,000 ORDINARY SHARES OF RM0.10 EACH IN R&A TELECOMMUNICATION GROUP BERHAD (“R&A”), REPRESENTING APPROXIMATELY 22.75% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF R&A, FOR A TOTAL CASH CONSIDERATION OF RM10,000,000 (“ACQUISITIONS”)
Announcement Type: General Announcement
| Company Name | NEXTNATION COMMUNICATION BERHAD (ACE Market) |
| Stock Name | NEXTNAT |
| Date Announced | 4 Nov 2013 |
| Category | General Announcement |
| Reference No | CS-131104-BEF3C |
| Type | Announcement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subject | OTHERS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Description | NEXTNATION COMMUNICATION BERHAD (“NCB” OR “COMPNAY”) ACQUISITIONS BY NCB OF A TOTAL OF 200,000,000 ORDINARY SHARES OF RM0.10 EACH IN R&A TELECOMMUNICATION GROUP BERHAD (“R&A”), REPRESENTING APPROXIMATELY 22.75% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF R&A, FOR A TOTAL CASH CONSIDERATION OF RM10,000,000 (“ACQUISITIONS”) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
4 1.0 INTRODUCTION
DETAILS OF THE ACQUISITIONS 2.1 Information on R&A R&A was formed via a reverse takeover exercise of KZen Solutions Berhad by R&A Telecommunication Sdn Bhd and was successfully listed on the ACE Market of Bursa Securities on 27 June 2011. R&A Telecommunication Sdn Bhd was incorporated in Malaysia as a private limited company under the Companies Act, 1965 (“Act”) on 28 July 1993 under the name of Tetap Impresif Sdn Bhd and subsequently changed its name to R&A Telecommunication Sdn Bhd on 14 July 1997. R&A Telecommunication Sdn Bhd is principally involved in the telecommunication industry, providing full turnkey design and engineering solutions for telecommunication networks. Upon completion of the reverse takeover exercise of KZen Solutions Berhad, the enlarged R&A and its subsidiaries (“R&A Group”) are then principally engaged in the business of investment holding and provision of management services. The services provided by the R&A Group include site acquisitions, permitting, technical site design, erection of steel structures, lighting protection and grounding works, as well as equipment installation and consultancy services in radio network planning. The authorised share capital of R&A is RM150,000,000 comprising 1,500,000,000 R&A Shares, of which 878,966,000 R&A Shares have been issued and fully paid-up. The Directors of R&A are Tay Mun Kit, Francis Tan Hock Leong, Choo Seng Choon, Amir Machmud Bin Haji Mohamed and J Abd Jalil Maraicar Bin P M Jahabar. Save for Francis Tan Hock Leong who is also the substantial shareholder of R&A, none of the Directors of R&A have any interest, direct or indirect, in R&A. The substantial shareholders of R&A and their respective shareholdings in R&A before and after the Acquisitions are as follows:-
Notes:-
(1) Deemed interested by virtue of his spouse’s shareholdings pursuant to Section 134(12)(c) of the Act. (2) Deemed interested by virtue of her spouse’s shareholdings pursuant to Section 6A of the Act. The financial information on R&A based on its latest audited consolidated financial statements for the financial year ended 31 December 2012, is as follows:-
2.2 Information on the Vendor Francis Tan Hock Leong, a Malaysian aged 46, is the founder and Chief Executive Officer of R&A. He founded R&A Telecommunication Sdn Bhd in 1993 together with his wife, Cheok Chun Lian, and has been steadily nurturing and charting the growth of the company since then. Prior to R&A Telecommunication Sdn Bhd, he was working for Public Bank Berhad before moving on to Orix Leasing Sdn Bhd. Through his market acumen and business entrepreneurship, he has grown R&A Telecommunication Sdn Bhd from a small company specialising in civil, mechanical and electrical works to a market player in the telecommunication network services with revenue more than RM25 million per annum. Save for R&A, he is also the Directors of R&A Metal Sdn Bhd and Heracom Sdn Bhd. 2.3 Basis and justification of arriving at the Purchase Consideration
2.4 Assumption of liabilities There are no liabilities, including contingent liabilities and guarantees, to be assumed by NCB arising from the Acquisitions. 2.5 Source of funding
4.0 RISK FACTORS
5.0 PROSPECTS OF THE R&A GROUP
Players and analysts say the industry will continue to be competitive and challenging, with the Internet/data segment driving industry earnings growth. Despite the intense competition, they feel the outlook for 2013 will be positive. Telekom Malaysia Bhd group Chief Executive Officer Datuk Seri Zamzamzairani Mohd Isa says the local telecommunications industry will continue to record or maintain a stable growth rate at 4% (Compound Annual Growth Rate 2011-2015 as per International Data Corporation forecast). In 2012, industry players battled for the consumer “data dollar” and that will continue in 2013, now that Malaysian Communications And Multimedia Commission has awarded the 2.6GHz spectrum for LTE, according to U Mobile Sdn Bhd Chief Executive Officer Jaffa Sany Ariffin. “With the roll-out of LTE services, we expect competition to be moderate for the first six months of the year while companies prepare for their respective commercial roll-outs”. “However, in late 2013 and in 2014, we expect competition to heat up, when the respective telcos would have launched their LTE services, and those services are supported with an extensive choice of LTE devices such as dongles and smartphones,” Jaffa says. For 2013, the estimated capex spending by the respective telcos are REDtone International Bhd (between RM2bil and RM2.5bil), Celcom (RM1bil), DiGi (RM700mil to RM750mil) and Maxis (under RM1bil). (Source: The Star, 5 January 2013) The R&A Group is expected to benefit from the positive outlook for telecommunications network services market in Malaysia, which is expected to grow in market size by 2015. In addition, R&A Group is also expected to benefit from the roll-out of the High Speed Broadband and Broadband for General Population under the on-going National Broadband initiatives. 6.0 EFFECTS OF THE ACQUISITIONS 6.1 Share capital and substantial shareholders’ shareholdings The Acquisitions are not expected to have any effects on the share capital and the substantial shareholders’ shareholdings of NCB as no new ordinary shares of RM0.10 each in NCB will be issued pursuant thereto. 6.2 Earnings and earnings per share
6.3 Net assets per share and gearing
7.0 APPROVALS REQUIRED
8.0 PERCENTAGE RATIOS
9.0 DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS None of the Directors, major shareholders and/or persons connected with the Directors and/or major shareholders of NCB have any interest, direct or indirect, in the Acquisitions. 10.0 DIRECTORS’ STATEMENT The Board, having considered all aspects of the Acquisitions, including but not limited to the rationale, basis and justification of the Purchase Consideration, financial effects, and risks associated with the Acquisitions, is of the opinion that the Acquisitions are in the best interest of NCB. This announcement is dated 4 November 2013. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Announcement Type: General Announcement
| Company Name | CIMB FTSE ASEAN 40 MALAYSIA |
| Stock Name | CIMBA40 |
| Date Announced | 4 Nov 2013 |
| Category | General Announcement |
| Reference No | OB-131104-66570 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: CIMB FTSE ASEAN 40 Malaysia Date: 04-Nov-2013 NAV per unit (RM): 1.6775 Units in circulation (units): 8,100,000.00 Management Fee (% p.a.): 0.00 Trustee Fee (% p.a.): 0.08 Index Licence Fee (% p.a.): 0.00 FTSE/ASEAN 40 Index: 11,006.00 |
CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Announcement Type: General Announcement
| Company Name | CIMB FTSE CHINA 25 |
| Stock Name | CIMBC25 |
| Date Announced | 4 Nov 2013 |
| Category | General Announcement |
| Reference No | OB-131104-66459 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: CIMB FTSE China 25 Date: 04-Nov-2013 NAV per unit (RM): 0.9719 Units in circulation (units): 37,050,000.00 Management Fee (% p.a.): 0.60 Trustee Fee (% p.a.): 0.08 Index Licence Fee (% p.a.): 0.04 FTSE/Xinhua China 25 Index: 16,595.24 |
AMPROP - OTHERS AMCORP PROPERTIES BERHAD ("AMPROP") - RECEIPT OF LETTER OF OFFER TO ACQUIRE 20% EQUITY INTEREST IN KESAS HOLDINGS BERHAD
Announcement Type: General Announcement
| Company Name | AMCORP PROPERTIES BERHAD |
| Stock Name | AMPROP |
| Date Announced | 4 Nov 2013 |
| Category | General Announcement |
| Reference No | AP-131101-61862 |
| Type | Announcement |
| Subject | OTHERS |
| Description | AMCORP PROPERTIES BERHAD ("AMPROP") - RECEIPT OF LETTER OF OFFER TO ACQUIRE 20% EQUITY INTEREST IN KESAS HOLDINGS BERHAD |
We wish to announce that the Board of Directors of AMPROP today received a letter of offer (“LO”) from Gamuda Berhad, who currently holds 30% equity interest in Kesas Holdings Berhad (“KESAS”), which sets out an offer to acquire AMPROP’s 20% equity interest in KESAS for cash consideration of RM250 million. Further details of the offer are set out in the LO as attached. The Board will deliberate on the terms of the offer and decide on the next course of action. An announcement will be made to Bursa Malaysia Securities Berhad once the Board has made a decision on the offer. This announcement is dated 4 November 2013. | |
FCW - FCW-Exercise of 43,505,537 Warrants 2007/2013 ("Exercise")
Announcement Type: Listing Circular
| Company Name | FCW HOLDINGS BERHAD |
| Stock Name | FCW |
| Date Announced | 4 Nov 2013 |
| Category | Listing Circular |
| Reference No | SM-131104-64061 |
LISTING'S CIRCULAR NO. L/Q : 69137 OF 2013
Kindly be advised that the abovementioned Company’s additional 43,505,537 new ordinary shares of RM0.50 each arising from the aforesaid Exercise of Warrants will be granted listing and quotation with effect from 9.00 a.m., Thursday, 7 November 2013.
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