AXIATA - Change in Principal Officer
Announcement Type: Change in Principal Officer
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 31 Dec 2013 |
| Category | Change in Principal Officer |
| Reference No | AG-131224-76627 |
| Date of change | 01/01/2014 |
| Name | Chari Thandalam Veeravalli Thirumala |
| Age | 57 |
| Nationality | Indian |
| Type of change | Appointment |
| Designation | Chief Financial Officer |
| Qualifications | MBA - State University of New York at Buffalo Fellow member of the Chartered Institute of Management Accountants, UK Associate Member of the Institute of Chartered Accountants of India Associate Member of the Institute of Cost and Works Accountants of India Attended management training at Babson College, US Attended senior leadership training in Singapore and US |
| Working experience and occupation | Chari was appointed as the Chief Financial Officer of Celcom Axiata Berhad on 8 May 2009. Prior to this assignment, Chari was the Vice President, Sales, HP Financial Services Asia Pacific and Japan. Chari had worked in HP for over 20 years of which 10 years was in senior finance positions in various countries (Hongkong, Malaysia, Thailand and Singapore) and 10 years heading Sales and Marketing for Asia Pac, Vice President of Personal Systems Group for South East Asia and Taiwan. Director of Commercial PC Group and Channel Management. |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer or its subsidiaries | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Remarks : |
| His position in Axiata Group Berhad is as the Group Chief Financial Officer |
VS - Quarterly rpt on consolidated results for the financial period ended 31/10/2013 (Amended Announcement)
Announcement Type: Financial Results
| Company Name | V.S. INDUSTRY BERHAD |
| Stock Name | VS |
| Date Announced | 31 Dec 2013 |
| Category | Financial Results |
| Reference No | VI-131231-63890 |
| Financial Year End | 31/07/2014 |
| Quarter | 1 |
| Quarterly report for the financial period ended | 31/10/2013 |
| The figures | have not been audited |
| Remarks : |
| The entitlement date for the First Interim Single Tier Dividend of 2.2 sen per ordinary share of RM1.00 each as disclosed under item 23 in the attached Interim Financial Report is 20 January 2014 instead of 17 January 2014. |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/10/2013 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 437,263 | 327,839 | 437,263 | 327,839 |
| 2 | Profit/(loss) before tax | 10,180 | 10,465 | 10,180 | 10,465 |
| 3 | Profit/(loss) for the period | 7,468 | 7,787 | 7,468 | 7,787 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 9,562 | 7,663 | 9,562 | 7,663 |
| 5 | Basic earnings/(loss) per share (Subunit) | 5.28 | 4.23 | 5.28 | 4.23 |
| 6 | Proposed/Declared dividend per share (Subunit) | 2.20 | 2.00 | 2.20 | 2.00 |
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 ($$) | 2.6500 | 2.6500 | ||
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:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
PETONE - PRACTICE NOTE 1 / GUIDANCE NOTE 5:MONTHLY ANNOUNCEMENT
Announcement Type: General Announcement
| Company Name | PETROL ONE RESOURCES BERHAD |
| Stock Name | PETONE |
| Date Announced | 31 Dec 2013 |
| Category | General Announcement |
| Reference No | CS-131231-3C8CC |
| Type | Announcement |
| Subject | PRACTICE NOTE 1 / GUIDANCE NOTE 5 MONTHLY ANNOUNCEMENT |
| Description | PETROL ONE RESOURCES BERHAD (“THE COMPANY” OR “PETONE”) - MONTHLY ANNOUNCEMENT ON DEFAULT IN PAYMENT PURSUANT TO PRACTICE NOTE 1 OF THE MAIN MARKET LISTING REQUIREMENTS ("MMLR") OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) |
In compliance with paragraph 3.2(a) of Practice Note 1/2001 and further to the announcements made on 13 June 2012, 18 June 2012, 31 July 2012, 30 August 2012, 28 September 2012, 31 October 2012, 30 November 2012, 31 December 2012, 31 January 2013, 28 February 2013, 29 March 2013, 30 April 2013, 31 May 2013, 28 June 2013, 31 July 2013, 30 August 2013, 30 September 2013, 31 October 2013 and 29 November 2013, the Board of Directors of PETONE wishes to inform that the defaulted debts will be fully dealt with in the manner as prescribed in the Debt Settlement Agreement entered between PETONE, Arus Dermaga Sdn. Bhd. and RHB Investment Bank Berhad on 24 December 2013 as detailed in the Company’s announcement dated 26 December 2013. Further developments of the above matter will be announced on Bursa Securities in due course. This announcement is dated 31 December 2013. | |
UNIMECH - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
| Company Name | UNIMECH GROUP BERHAD |
| Stock Name | UNIMECH |
| Date Announced | 31 Dec 2013 |
| Category | General Announcement |
| Reference No | UG-131231-45822 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | Investment in Fajar Untung Sdn. Bhd. |
Introduction Unimech Capital Sdn. Bhd. (“UCSB”), a wholly owned subsidiary of Unimech Group Berhad (“UGB”) had on 31 December 2013 acquired 2 ordinary shares of RM1.00 each representing 100% of the total issued and paid-up capital of Fajar Untung Sdn. Bhd. (Company No. 1058506-P) (“FUSB”) for a total cash consideration of RM2.00 only (“the Acquisition”) from Mr. Liew Kue Len and Mr. Sim Kim Cheng. In consequent thereof, FUSB became a wholly-owned subsidiary of UCSB. The Acquisition is sourced from UCSB’s own internally generated fund. Information on FUSB FUSB was incorporated on 16 August 2013 under the Companies Act, 1965 as a private limited company. The current authorised share capital of FUSB is RM400,000 comprising 400,000 ordinary shares of RM1.00 each and its current paid up capital is RM2.00. The principal activity of FUSB is investment holding. Financial Effects The Acquisition will not have any material effect on the net assets per share, earnings per share and gearing of UGB for the financial year ended 31 December 2013. The Acquisition also has no effect on the share capital and substantial shareholders’ shareholding of UGB. No liability would be assumed by UGB in its investment in FUSB. Directors’ and Major Shareholders’ Interest None of the directors and major shareholders or person connected to the directors or major shareholders have any interest, direct or indirect in the Acquisition. Approval Required The Acquisition is not subject to the approval of the shareholders of UGB or any other government authorities. Statement by the Board of Directors The Board of Directors is of the opinion that the Acquisition is in the best interest of UGB. Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad The highest percentage ratio pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad applicable to the Acquisition is negligible. This announcement is dated 31 December 2013 | |
TAWIN - OTHERS TA WIN HOLDINGS BERHAD (“TA WIN” OR THE “COMPANY”) - SETTLEMENT OF DEBT AND CAPITALISATION BY TWIN INDUSTRIAL (H.K.) CO. LTD, THE WHOLLY-OWNED SUBSIDIARY OF THE COMPANY - ASSIGNMENT OF TRADE BALANCES BY TA WIN INDUSTRIES (M) SDN. BHD., THE WHOLLY-OWNED SUBSIDIARY OF THE COMPANY TO TA WIN
Announcement Type: General Announcement
| Company Name | TA WIN HOLDINGS BERHAD |
| Stock Name | TAWIN |
| Date Announced | 31 Dec 2013 |
| Category | General Announcement |
| Reference No | CC-131231-37870 |
| Type | Announcement |
| Subject | OTHERS |
| Description | TA WIN HOLDINGS BERHAD (“TA WIN” OR THE “COMPANY”) - SETTLEMENT OF DEBT AND CAPITALISATION BY TWIN INDUSTRIAL (H.K.) CO. LTD, THE WHOLLY-OWNED SUBSIDIARY OF THE COMPANY - ASSIGNMENT OF TRADE BALANCES BY TA WIN INDUSTRIES (M) SDN. BHD., THE WHOLLY-OWNED SUBSIDIARY OF THE COMPANY TO TA WIN |
The Board of Directors of Ta Win Holdings Berhad (“Ta Win” or “Company”) wishes to announce that TWIN INDUSTRIAL (H.K.) CO. LTD. (Registration Number 258865) (“TWIN”), the wholly-owned subsidiary of the Company had on 31 December 2013 issued 30,260,000 ordinary shares of HKD1.00 each at an issue price of HKD1.00 per share to Ta Win to settle the trade balance of approximately HKD30,260,000.00 (or an equivalent of RM12,406,600.00 based on the exchange rate of RM1.00 : HKD2.439 as at 30 September 2013), whereby TWIN will remain a wholly-owned subsidiary of Ta Win, albeit with an enlarged issued and paid-up share capital (hereinafter referred to as “the Settlement Debt & Capitalisation”). To facilitate, inter-alia, the Settlement Debt & Capitalisation, TA WIN INDUSTRIES (M) SDN. BHD.(Company No.193324-U) (“TWI”), the wholly-owned subsidiary of the Company had assigned approximately HKD30,260,000.00 (or an equivalent of RM12,406,600 based on the exchange rate of RM1.00 : HKD2.439 as at 30 September 2013), being an aggregate amount trade balances presently owing by TWIN INDUSTRIAL (H.K.) CO. LTD. (Registration Number 258865) (“TWIN”), the wholly-owned subsidiary of the Company to TWI, to Ta Win (hereinafter referred to as “the Assignment of Debt”). The Assignment of Debt is to be completed prior to the Settlement Debt & Capitalisation. Please refer to the attachment for the announcement details. This announcement is dated 31 December, 2013. | |
OCTAGON - Quarterly rpt on consolidated results for the financial period ended 31/10/2013
Announcement Type: Financial Results
| Company Name | OCTAGON CONSOLIDATED BERHAD |
| Stock Name | OCTAGON |
| Date Announced | 31 Dec 2013 |
| Category | Financial Results |
| Reference No | OC-131230-50111 |
| Financial Year End | 31/10/2013 |
| Quarter | 4 |
| Quarterly report for the financial period ended | 31/10/2013 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/10/2013 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 8,964 | 9,879 | 37,830 | 43,338 |
| 2 | Profit/(loss) before tax | -182,494 | -56,603 | -201,356 | -67,368 |
| 3 | Profit/(loss) for the period | -182,796 | -56,915 | -202,071 | -68,653 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | -153,631 | -53,723 | -164,629 | -64,633 |
| 5 | Basic earnings/(loss) per share (Subunit) | -92.11 | -32.21 | -98.71 | -38.75 |
| 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 0.0000 | 0.0200 | ||
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:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
FURNWEB - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
| Company Name | FURNIWEB INDUSTRIAL PRODUCTS BERHAD |
| Stock Name | FURNWEB |
| Date Announced | 31 Dec 2013 |
| Category | General Announcement |
| Reference No | MI-131231-65049 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | FURNIWEB INDUSTRIAL PRODUCTS BERHAD (“FIPB” OR “COMPANY”) (I) PROPOSED JOINT VENTURE WITH ALMAHARTA SDN BHD (“ASB”) IN CONNECTION WITH THE DEVELOPMENT OF A PARCEL OF LEASEHOLD LAND HELD UNDER PN 45266, LOT 141, SECTION 88, TOWN AND DISTRICT OF KUALA LUMPUR AND STATE OF WILAYAH PERSEKUTUAN KUALA LUMPUR, MEASURING APPROXIMATELY 15,924 SQUARE METRES (“DEVELOPMENT LAND”) INTO A RESIDENTIAL DEVELOPMENT; AND (II) PROPOSED DIVERSIFICATION OF THE PRINCIPAL ACTIVITIES OF FIPB AND ITS SUBSIDIARIES TO INCLUDE PROPERTY DEVELOPMENT |
On behalf of the Board of Directors of FIPB (“Board”), Kenanga Investment Bank Berhad is pleased to announce the following: (i) Premier Gesture Sdn Bhd, a wholly-owned subsidiary of FIPB had on 31 December 2013 entered into a shareholders’ agreement with ASB to set out the terms governing their relationship as shareholders in a joint venture company, namely Premier De Muara Sdn Bhd (“PDMSB”) in connection with the proposed development of the Development Land; and (ii) PDMSB, as developer, had also on even date entered into a joint venture agreement with ASB, as registered and beneficial owner of the Development Land, in relation to the proposed development of the Development Land, including the commencement, management and implementation of the proposed development, (collectively referred to as the “Proposed JV”). In conjunction with the Proposed JV, the Board proposes to diversify the existing core business of FIPB to include property development (“Proposed Diversification”). The Proposed JV and the Proposed Diversification are collectively referred to as the “Proposals”. Further information on the Proposals is set out in the attachment. This announcement is dated 31 December 2013. | |
KBB - GENERAL MEETINGS: OUTCOME OF MEETING
Announcement Type: General Meetings
| Company Name | KBB RESOURCES BERHAD |
| Stock Name | KBB |
| Date Announced | 31 Dec 2013 |
| Category | General Meetings |
| Reference No | CC-131231-44136 |
| Type of Meeting | AGM |
| Indicator | Outcome of Meeting |
| Date of Meeting | 31/12/2013 |
| Time | 10:00 AM |
| Venue | Lot 208, Phase II, Kuala Ketil Industrial Estate, 09300 Kuala Ketil, Kedah Darul Aman |
| Outcome of Meeting | The Board of Directors of KBB Resources Berhad ("KBB") is pleased to announce that the shareholders of KBB have at its Eleventh (11th) Annual General Meeting ("AGM") held on 31 December 2013 approved all the resolutions as set out in the Notice of AGM dated 6 December 2013, except for Resolution 2 pertaining to the re-election of Dato’ Sri Navaneethakrishner A/L Kathirgamatamby as Director of the Company. The Board would like to inform that Resolution 2 was not put for voting as Dato’ Sri Navaneethakrishner A/L Kathirgamatamby had informed the Company that he is not seeking for re-election as director of the Company.
|
KEN - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | KEN HOLDINGS BERHAD |
| Stock Name | KEN |
| Date Announced | 31 Dec 2013 |
| Category | Change in Boardroom |
| Reference No | CS-131114-58550 |
| Date of change | 31/12/2013 |
| Name | YAM TENGKU DATO' SERI BADERUL ZAMAN IBNI ALMARHUM SULTAN MAHMUD |
| Age | 39 |
| Nationality | Malaysian |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Type of change | Vacation of Office |
| Reason | Due to non-compliance for attendance of Board Meetings during the financial year ended 31 December 2013 pursuant to 15.05 3(c) of the Listing Requirements of Bursa Malaysia Securities Berhad |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of the shareholders | No |
| Qualifications | Not Applicable |
| Working experience and occupation | Not Applicable |
| Directorship of public companies (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
RUBEREX - OTHERS Proposed acquisition of the glove business and entire production facilities including plant, machinery, equipment, land and buildings by Rubberex Alliance Sdn Bhd (formerly known as Biogreen Medical Sdn Bhd), for a total consideration of RM113.0 million (“Acquisition”)
Announcement Type: General Announcement
| Company Name | RUBBEREX CORPORATION (M) BERHAD |
| Stock Name | RUBEREX |
| Date Announced | 31 Dec 2013 |
| Category | General Announcement |
| Reference No | CI-131230-38671 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Proposed acquisition of the glove business and entire production facilities including plant, machinery, equipment, land and buildings by Rubberex Alliance Sdn Bhd (formerly known as Biogreen Medical Sdn Bhd), for a total consideration of RM113.0 million (“Acquisition”) |
We refer to our announcement on 3 July 2013 in relation to the Acquisition (“Announcement”). Pursuant to the Announcement, the board of directors of Rubberex (“Board”) wishes to announce that the Acquisition has been aborted by mutual consent. The earnest deposit of RM100,000 has been refunded by the vendor, Alliance Rubber Products Sdn Bhd. Nevertheless, the Board will continue to explore opportunities to grow and develop our businesses to enhance our earnings in the future. This announcement is dated December 31, 2013. | |
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