November 12, 2013

Company announcements: PUC, MMODE, INSTACO, TECFAST, MLAB, EDUSPEC, AMBANK

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

Announcement Type: General Announcement
Company NamePUC FOUNDER (MSC) BERHAD (ACE Market) 
Stock Name PUC  
Date Announced12 Nov 2013  
CategoryGeneral Announcement
Reference NoMI-131112-40328

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionPUC FOUNDER (MSC) BERHAD (“PUCF” OR THE “COMPANY”)

(I) PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN RED MEDIA ASIA LIMITED (“RMA”) COMPRISING A TOTAL OF 8,269,818 ORDINARY SHARES OF USD1.00 EACH FROM RESOURCE HOLDING MANAGEMENT LIMITED (FORMERLY KNOWN AS REDHOT MEDIA INTERNATIONAL LIMITED) ("RESOURCE HOLDING") FOR A TOTAL CONSIDERATION OF RM90.0 MILLION TO BE SATISFIED VIA THE ISSUANCE OF 750.0 MILLION NEW ORDINARY SHARES OF RM0.10 EACH IN PUCF (“SHARES”) AT AN ISSUE PRICE OF RM0.12 PER SHARE (“PROPOSED ACQUISITION”);

(II) PROPOSED EXEMPTION UNDER PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS 2010 (“CODE”) TO RESOURCE HOLDING AND PERSONS ACTING IN CONCERT WITH IT FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR THE REMAINING PUCF SHARES NOT ALREADY HELD BY IT UPON COMPLETION OF THE PROPOSED ACQUISITION (“PROPOSED EXEMPTION”);

(III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL OF PUCF ("PROPOSED IASC"); AND

(IV) PROPOSED AMENDMENT TO THE COMPANY'S MEMORANDUM AND ARTICLES OF ASSOCIATION ("PROPOSED AMENDMENT")

(HEREINAFTER COLLECTIVELY REFERRED TO AS THE “PROPOSALS”).
(All definitions used herein shall have the same meanings as the words and expressions defined in the announcements dated 16 November 2010, 24 February 2012 and 14 November 2012, except where the context otherwise requires or where otherwise defined herein.)
Reference is made to the announcements dated 16 November 2010 (“Announcement”) and 14 November 2012 in relation to the Proposals.

On behalf of the Board of Directors of PUCF, Kenanga Investment Bank Berhad wishes to announce that PUCF and Resource Holding have agreed in writing to extend the conditional period for a further six (6) months from 12 November 2013 to 11 May 2014.

Save for the abovementioned extension of the conditional period, all the remaining terms and conditions set out in the SSA, the First Supplemental SSA and Second Supplemental SSA shall remain unchanged and continue to be effective.

This announcement is dated 12 November 2013.


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

Announcement Type: Financial Results
Company NameM-MODE BERHAD (ACE Market) 
Stock Name MMODE  
Date Announced12 Nov 2013  
CategoryFinancial Results
Reference NoCK-131111-62160

Financial Year End31/12/2013
Quarter3
Quarterly report for the financial period ended30/09/2013
The figureshave not been audited
  • 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
17,865
15,047
51,070
47,202
2Profit/(loss) before tax
4,072
3,544
11,302
10,276
3Profit/(loss) for the period
4,022
3,544
11,252
10,276
4Profit/(loss) attributable to ordinary equity holders of the parent
4,022
3,546
11,260
10,278
5Basic earnings/(loss) per share (Subunit)
2.47
2.18
6.91
6.32
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 ($$)
0.3762
0.3048
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


INSTACO - Changes in Director's Interest (S135) - NGU SING HIENG

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameINSTACOM GROUP BERHAD (ACE Market) 
Stock Name INSTACO  
Date Announced12 Nov 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCZ-131112-464A8

Information Compiled By KLSE

Admission SponsorRHB Investment Bank Bhd
SponsorSame as above

Particulars of Director

NameNGU SING HIENG
Address357, TAMAN ROSEWOOD,
JALAN TABUAN DAYAK,
93350 KUCHING, SARAWAK
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)
Disposed
11/11/2013
1,000,000
0.330 

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

Total no of securities after change

Direct (units)62,817,000 
Direct (%)8.9451 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice12/11/2013


INSTACO - Changes in Sub. S-hldr's Int. (29B) - NGU SING HIENG

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameINSTACOM GROUP BERHAD (ACE Market) 
Stock Name INSTACO  
Date Announced12 Nov 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCZ-131112-4649E

Admission SponsorRHB Investment Bank Bhd
SponsorSame as above

Particulars of substantial Securities Holder

NameNGU SING HIENG
Address357, TAMAN ROSEWOOD,
JALAN TABUAN DAYAK,
93350 KUCHING, SARAWAK
NRIC/Passport No/Company No.630720-13-5461
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.10 EACH
Name & address of registered holderNGU SING HIENG
357, TAMAN ROSEWOOD,
JALAN TABUAN DAYAK,
93350 KUCHING, SARAWAK

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed11/11/2013
1,000,000
0.330 

Circumstances by reason of which change has occurredDISPOSAL
Nature of interestDIRECT
Direct (units)62,817,000 
Direct (%)8.9451 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change62,817,000
Date of notice12/11/2013


INSTACO - Changes in Director's Interest (S135) - ANNE KUNG SOO CHING

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameINSTACOM GROUP BERHAD (ACE Market) 
Stock Name INSTACO  
Date Announced12 Nov 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCZ-131112-4647A

Information Compiled By KLSE

Admission SponsorRHB Investment Bank Bhd
SponsorSame as above

Particulars of Director

NameANNE KUNG SOO CHING
Address432, LORONG 3, KENNY HILL,
93350, KUCHING,
SARAWAK
Descriptions(Class & nominal value)WARRANTS 2013/2018

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
11/11/2013
2,000,000
0.168 

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

Total no of securities after change

Direct (units)9,000,000 
Direct (%)2.5632 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice12/11/2013


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

Announcement Type: General Announcement
Company NameINSTACOM GROUP BERHAD (ACE Market) 
Stock Name INSTACO  
Date Announced12 Nov 2013  
CategoryGeneral Announcement
Reference NoCZ-131112-4648F

Admission SponsorRHB Investment Bank Bhd
SponsorSame as above
TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionThe following Directors have given notice of their dealings in the securities of the Company during closed period as follows:-

Warrants 2013/2018

Name of Director

Date of Disposal

Nature of Interest

Price Transacted per warrants

No. of Warrants

Percentage of Issued Warrants disposed

Remarks

Anne Kung Soo Ching

11/11/2013

Direct

0.168

2,000,000

0.569%

Disposal

Ordinary Shares of RM0.10 each

Name of Director

Date of Disposal

Nature of Interest

Price Transacted for Shares

No. of Shares

Percentage of Issued Shares Disposed

Remarks

NGU SING HIENG

11/11/2013

Direct

0.330

1,000,000

0.142%

Disposal

This announcement is dated 12 November 2013



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

Announcement Type: Financial Results
Company NameTECHFAST HOLDINGS BERHAD (ACE Market) 
Stock Name TECFAST  
Date Announced12 Nov 2013  
CategoryFinancial Results
Reference NoCI-131106-46288

Financial Year End31/12/2013
Quarter3
Quarterly report for the financial period ended30/09/2013
The figureshave not been audited
  • 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
5,509
4,878
15,268
14,698
2Profit/(loss) before tax
974
385
1,914
1,430
3Profit/(loss) for the period
642
303
1,417
1,081
4Profit/(loss) attributable to ordinary equity holders of the parent
363
-17
598
284
5Basic earnings/(loss) per share (Subunit)
0.23
-0.01
0.38
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 ($$)
0.1600
0.1610
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


MLAB - Change of Address

Announcement Type: Change of Address
Company NameMLABS SYSTEMS BERHAD (ACE Market) 
Stock Name MLAB  
Date Announced12 Nov 2013  
CategoryChange of Address
Reference NoCA-130925-40464

Change descriptionCorrespondence 
Old address 817, Level 8, Block A
Kelana Square, 17 Jalan SS7/26
47301 Petaling Jaya
Selangor Darul Ehsan 
New addressLot 10.3, 10th Floor, Menara Lien Hoe
No. 8, Persiaran Tropicana
Tropicana Golf & Country Resort
47410 Petaling Jaya
Selangor Darul Ehsan 
Name of Registrar 
Telephone no03-78872896 
Facsimile no03-78871896 
E-mail addressbibianayii@mlabs.com 
Effective date12/11/2013 


EDUSPEC - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameEDUSPEC HOLDINGS BERHAD (ACE Market) 
Stock Name EDUSPEC  
Date Announced12 Nov 2013  
CategoryGeneral Announcement
Reference NoCU-131111-38579

Regularisation SponsorMIDF Amanah Investment Bank Bhd
SponsorSame as above
TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionEDUSPEC HOLDINGS BERHAD ("Eduspec" or "the Company")

(i) Acquisition;

(ii) Private Placement;

(iii) Rights Issue with Warrants;

(iv) IASC; and

(v) M&A Amendment.

(Collectively, referred to as the "Proposals")
(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those mentioned in our announcements dated 20 December 2012, 26 December 2012 , 19 February 2013, 25 March 2013, 26 March 2013, 11 April 2013, 16 August 2013, 20 September 2013, 27 September 2013, 11 October 2013, 21 October 2013 and 11 November 2013 in relation to the Proposals)
We refer to our announcements dated 20 December 2012, 26 December 2012, 19 February 2013, 25 March 2013, 26 March 2013, 11 April 2013, 16 August 2013, 20 September 2013, 27 September 2013, 11 October 2013, 21 October 2013 and 11 November 2013 in relation to the above Proposals.

On behalf of the Board, MIDF Amanah Investment Bank Berhad wishes to announce that the solicitors of the SSA for the Aquisition had vide its letter dated 11 November 2013 confirmed that the conditions for completion under the SSA have been fulfilled.

The Acquisition has been completed, following the listing of and quotation for 27,000,000 Consideration Shares today.


AMBANK - OTHERS AMMB Holdings Berhad - AmFraser Securities Pte Ltd

Announcement Type: General Announcement
Company NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced12 Nov 2013  
CategoryGeneral Announcement
Reference NoAH-131112-DC93F

TypeAnnouncement
SubjectOTHERS
DescriptionAMMB Holdings Berhad
- AmFraser Securities Pte Ltd

AMMB Holdings Berhad wishes to announce on the following in respect of AmFraser Securities Pte Ltd, a wholly owned subsidiary (held through AmInvestment Bank Berhad) -

"AmFraser Securities Pte Ltd’s clients had a gross exposure of circa RM120 million to these 3 stocks i.e. Blumont Group, LionGold Corp and Asiasons Capital. The recovery efforts are progressing to expectations and we have proactively provided RM40 million, well in advance of regulatory requirements. We are comfortable with our current position and have retained our financial guidance for FY2014".

This announcement is dated 12 November 2013.



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