December 18, 2013

Company announcements: MYETFDJ, MUIIND, HYTEXIN, CNOUHUA, TROP, SIGN, HAIO, SAM, YOKO

MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25  
Stock Name MYETFDJ  
Date Announced18 Dec 2013  
CategoryGeneral Announcement
Reference NoMD-131218-64629

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 18-12-2013
Fund:MYETFDJ
NAV per unit (RM): 1.1753
Units in Circulation (units): 256,700,000
Manager's Fee (%p.a):0.40
Trustee's Fee (%p.a):0.05
License Fee (%p.a):0.04
DJIM25 Index: 1,050.47

 

Attachments

Daily Fund Values181213.pdf
60 KB



MUIIND - OTHERS MALAYAN UNITED INDUSTRIES BERHAD ("Company") Striking-off of Dormant Subsidiaries

Announcement Type: General Announcement
Company NameMALAYAN UNITED INDUSTRIES BERHAD  
Stock Name MUIIND  
Date Announced18 Dec 2013  
CategoryGeneral Announcement
Reference NoMU-131128-67108

TypeAnnouncement
SubjectOTHERS
DescriptionMALAYAN UNITED INDUSTRIES BERHAD ("Company")
Striking-off of Dormant Subsidiaries
The Company wishes to announce that MJ Specialty Stores.Com Sdn Bhd ("MJSSC") and MJ Discount Store Sdn Bhd ("MJDS"), the wholly-owned subsidiaries of Metrojaya Berhad which in turn a 94.52%-owned subsidiary of the Company have been struck off from the register of the Companies Commission of Malaysia pursuant to the notice issued under Section 308(4) of the Companies Act, 1965 which were published in the Gazette dated 2 December 2013.As such,MJSSC and MJDS have ceased to be subsidiaries of the Company.
The said striking-off of MJSSC and MJDS will not have any material financial or operational effects on The MUI Group for the current financial year ending 31 December 2013.


HYTEXIN - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameHYTEX INTEGRATED BERHAD  
Stock Name HYTEXIN  
Date Announced18 Dec 2013  
CategoryGeneral Announcement
Reference NoCS-131218-BCBAA

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionHYTEX INTEGRATED BERHAD (“HIB” OR “THE COMPANY”)
- WRIT OF DISTRESS BY TODAY PROGRESS SDN BHD (“TPSB”) AGAINST HYTEX GARMENTS (M) SDN BHD (“HGSB”), A WHOLLY-OWNED SUBSIDIARY OF HIB
The Board of Directors of HIB would like to inform that a Writ of Distress was served by TPSB via the Magistrate Court of Selayang at Selangor (“Court”), Originating Summons No. A74-09-11/2013 (“Writ of Distress”) on HGSB on 16 December 2013. Together with the Writ of Distress was also the Notice of Possession of Property and Notice of Auction together with the Bailiff report, all of which were dated 16 December 2013.
The Writ of Distress has been issued due to outstanding rental for a period of three (3) months from September 2013 to November 2013 at a rate of RM41,157.60 per month which in aggregate amounted to RM123,472.80 in respect of the lease of the property known as Lot 25, Jalan E1/5, Kawasan Perindustrian Taman Ehsan, 52100 Kepong, Selangor Darul Ehsan (“Premise”).

Pursuant to the Writ of Distress, the Court has requested that all moveable assets within the Premise cannot be removed. The assets has not been sealed by the Bailiff as at the date of this announcement. The date of auction has been set for 10.00 a.m. on Monday, 30 December 2013.

1. Date Writ of Distress was served
The Writ of Distress was served on 16 December 2013.

2. The particulars of the claim under the Writ of Distress
The claim pursuant to the Writ of Distress are as belows:

(i) outstanding rental owing to TPSB by HGSB for a period of three (3) months from September 2013 to November 2013 amounting to a total of RM123,472.80 in respect of the lease of the Premise;
    (ii) miscellaneous expenses amounting to RM388.00; and
      (iii) fees together with expenses according to Akta Distres 1951 under Seksyen 18(1) Jadual Tiga Akta Mahkamah Rendah (for the purpose of completion of the Writ of Distress).

      There is no interest rate imposed on the amount claimed for the Writ of Distress.

      3. Confirmation as to whether the subsidiary is a major subsidiary
      HGSB is a major subsidiary of the Company.

      4. The total cost of investment in the subsidiary
      The total cost of investment was RM20,994,525.00.

      5. The financial and operational impact of the Writ of Distress on the Group
      (i) The operational impact resulting from the Writ of Distress will be the loss of production of goods for products using the assets in the event such assets are sealed or forced sale by the Bailiff.

        (ii) The financial impact resulting from the Writ of Distress will be the expected losses incurred on the sale of the assets in the event of a forced sale by the Bailiff.

        6. The expected losses, if any, arising from Writ of Distress
        Save as mentioned in item 5 above, the Company is not expected to incur any further losses from the Writ of Distress.

        7. Steps taken and proposed to be taken in respect of the winding-up petitions
        The Board is arranging for a meeting with TPSB to resolve the above matter.

        Meanwhile, HGSB is currently in discussion with its solicitor on the next course of action in respect of the above matter.

        Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.

        This announcement is dated 18 December 2013.



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

        Announcement Type: General Announcement
        Company NameCHINA OUHUA WINERY HOLDINGS LIMITED  
        Stock Name CNOUHUA  
        Date Announced18 Dec 2013  
        CategoryGeneral Announcement
        Reference NoCK-131218-61409

        TypeAnnouncement
        SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
        NON RELATED PARTY TRANSACTIONS
        DescriptionCHINA OUHUA WINERY HOLDINGS LIMITED ("CHINA OUHUA" OR "THE COMPANY")

        THE ACQUISITION BY YANTAI FAZENDA OUHUA WINERY CO., LTD, A SUBSIDIARY OF CHINA OUHUA WINERY HOLDINGS LIMITED, OF ALL THAT LAND AND BUILDINGS LOCATED AT NO. 3 WOLONG ROAD, YANTAI CITY FOR A TOTAL CASH CONSIDERATION OF RMB132,000,000.

        Kindly refer to the attached document for the complete anouncement.

        This announcement is dated 18 December 2013.



        TROP - OTHERS TROPICANA CORPORATION BERHAD (FORMERLY KNOWN AS DIJAYA CORPORATION BERHAD) (“TROPICANA” OR THE “COMPANY”) - NEW SUBSIDIARIES NAMELY GOLDDUST UNITED SDN BHD AND RENOWN DYNAMIC SDN BHD

        Announcement Type: General Announcement
        Company NameTROPICANA CORPORATION BERHAD  
        Stock Name TROP  
        Date Announced18 Dec 2013  
        CategoryGeneral Announcement
        Reference NoTC-131218-C3CA9

        TypeAnnouncement
        SubjectOTHERS
        DescriptionTROPICANA CORPORATION BERHAD (FORMERLY KNOWN AS DIJAYA CORPORATION BERHAD) (“TROPICANA” OR THE “COMPANY”)
        - NEW SUBSIDIARIES NAMELY GOLDDUST UNITED SDN BHD AND RENOWN DYNAMIC SDN BHD



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

        Announcement Type: General Announcement
        Company NameSIGNATURE INTERNATIONAL BERHAD  
        Stock Name SIGN  
        Date Announced18 Dec 2013  
        CategoryGeneral Announcement
        Reference NoMI-131218-69035

        TypeAnnouncement
        SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
        NON RELATED PARTY TRANSACTIONS
        DescriptionSIGNATURE INTERNATIONAL BERHAD ("SIGN" OR THE "COMPANY")

        PROPOSED ACQUISITION BY SIGNATURE MANUFACTURING SDN BHD ("SMSB" OR "PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF SIGN, OF THREE (3) ADJOINING PARCELS OF VACANT INDUSTRIAL LAND LOCATED AT:-

        (I.) LOT 25, EASTERN GATEWAY INDUSTRIAL HUB @ BANDAR BUKIT RAJA, HELD UNDER SURATAN HAKMILIK SEMENTARA NO. H.S.(D) 139768, PT NO. 69195, MUKIM KAPAR, DAERAH KLANG, SELANGOR MEASURING APPROXIMATELY 15,962 SQUARE METRES (OR APPROXIMATELY 171,626.4 SQUARE FEET) ("LAND I") FROM ASPEN POINT SDN BHD ("ASPEN POINT") FOR A TOTAL CASH CONSIDERATION OF APPROXIMATELY RM15,961,255;

        (II.) LOT 26, EASTERN GATEWAY INDUSTRIAL HUB @ BANDAR BUKIT RAJA, HELD UNDER SURATAN HAKMILIK SEMENTARA NO. H.S.(D) 139769, PT NO. 69196, MUKIM KAPAR, DAERAH KLANG, SELANGOR MEASURING APPROXIMATELY 16,212 SQUARE METRES (OR APPROXIMATELY 174,675.6 SQUARE FEET) ("LAND II") FROM SIERRA TOWERS SDN BHD ("SIERRA TOWERS") FOR A TOTAL CASH CONSIDERATION OF APPROXIMATELY RM16,244,830; AND

        (III.) LOT 27, EASTERN GATEWAY INDUSTRIAL HUB @ BANDAR BUKIT RAJA, HELD UNDER SURATAN HAKMILIK SEMENTARA NO. H.S.(D) 139758, PT NO. 69185, MUKIM KAPAR, DAERAH KLANG, SELANGOR MEASURING APPROXIMATELY 17,057 SQUARE METRES (OR APPROXIMATELY 183,387.6 SQUARE FEET) ("LAND III") FROM EIGHT EDITION SDN BHD ("EIGHT EDITION") FOR A TOTAL CASH CONSIDERATION OF APPROXIMATELY RM17,055,047,

        (COLLECTIVELY REFERRED TO AS THE "PROPOSED ACQUISITIONS").
        On behalf of the Board of Directors of SIGN ("Board"), RHB Investment Bank Berhad ("RHB") wishes to announce that SMSB, a wholly-owned subsidiary of SIGN, had entered into the following:-
        (i) Sale and purchase agreement dated 18 December 2013 with Aspen Point for the proposed acquisition of Land I for a cash consideration of approximately RM15,961,255 ("SPA I");

        (ii) Sale and purchase agreement dated 18 December 2013 with Sierra Towers for the proposed acquisition of Land II for a cash consideration of approximately RM16,244,830 ("SPA II"); and

        (iii) Sale and purchase agreement dated 18 December 2013 with Eight Edition for the proposed acquisition of Land III for a cash consideration of approximately RM17,055,047 ("SPA III").

        The aggregate cash consideration for the Proposed Acquisitions is approximately RM49,261,132. The SPA I, SPA II and SPA III are inter-conditional.

        Further details of the Proposed Acquisitions are set out in the attachment enclosed.


        This announcement is dated 18 December 2013.


        HAIO - Quarterly rpt on consolidated results for the financial period ended 31/10/2013

        Announcement Type: Financial Results
        Company NameHAI-O ENTERPRISE BERHAD  
        Stock Name HAIO  
        Date Announced18 Dec 2013  
        CategoryFinancial Results
        Reference NoCP-131218-59018

        Financial Year End30/04/2014
        Quarter2
        Quarterly report for the financial period ended31/10/2013
        The figureshave not been audited

        Remarks :
        An interim single tier dividend of 4 sen (31 October 2012 : 4 sen interim single tier and 2 sen special single tier dividend) has been declared by the Board of Directors in respect of the financial year ending 30 April 2014. The dates of book closure and payment will be announced at a later date.
        • Default Currency
        • Other Currency

        Currency: Malaysian Ringgit (MYR)

        SUMMARY OF KEY FINANCIAL INFORMATION
        31/10/2013

         
        INDIVIDUAL PERIOD
        CUMULATIVE PERIOD
        CURRENT YEAR QUARTER
        PRECEDING YEAR
        CORRESPONDING
        QUARTER
        CURRENT YEAR TO DATE
        PRECEDING YEAR
        CORRESPONDING
        PERIOD
        31/10/2013
        31/10/2012
        31/10/2013
        31/10/2012
        $$'000
        $$'000
        $$'000
        $$'000
        1Revenue
        65,601
        65,305
        120,284
        125,909
        2Profit/(loss) before tax
        14,638
        20,463
        26,433
        34,293
        3Profit/(loss) for the period
        10,894
        16,498
        19,620
        26,836
        4Profit/(loss) attributable to ordinary equity holders of the parent
        10,538
        16,101
        19,330
        26,374
        5Basic earnings/(loss) per share (Subunit)
        5.35
        8.11
        9.80
        13.29
        6Proposed/Declared dividend per share (Subunit)
        4.00
        6.00
        4.00
        6.00


        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 ($$)
        1.3100
        1.2200
        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


        SAM - Change in Boardroom

        Announcement Type: Change in Boardroom
        Company NameSAM ENGINEERING & EQUIPMENT (M) BERHAD  
        Stock Name SAM  
        Date Announced18 Dec 2013  
        CategoryChange in Boardroom
        Reference NoCC-131218-51331

        Date of change18/12/2013
        NameShum Sze Keong
        Age51
        NationalitySingaporean
        Type of changeRedesignation
        Previous PositionNon-Executive Director
        New PositionNon-Executive Director
        DirectorateNon Independent & Non Executive
        QualificationsObtained Bachelor of Science in Aeronautical Engineering from Embry Riddle Aeronautical University, Daytona Beach, Florida, USA. 
        Working experience and occupation He was a Senior Officer at the Singapore Economic Development Board from 1986 to 1995.

        He was the Executive Director of The Grande Group Ltd from 1994 to 1997.

        He was an Executive Director and Consultant, General Management, Corporate Finance and Restructuring of The Grande Group Ltd from 1995 to 1999.

        He is currently the General Manager of Shum Enterprise Pte. Ltd., a position held since 2000.

        He also sits on the Board of Lafe Technology Ltd, a listed company in Singapore. Lafe Technology Limited, together with its subsidiaries, engages in design and manufacture of recording heads and related assemblies for tape autoloaders, tape drives, hard disk drives, optical drives, and card readers in the data storage market.

        He is appointed as a Director and member of the Executive Committee of the penultimate holding company, Singapore Aerospace Manufacturing Private Limited ("SAM Singapore") on 18 December 2013.  
        Directorship of public companies (if any)Not Applicable 
        Family relationship with any director and/or major shareholder of the listed issuerNot Applicable 
        Any conflict of interests that he/she has with the listed issuerNot Applicable 
        Details of any interest in the securities of the listed issuer or its subsidiariesNot Applicable 

        Remarks :
        In consequence of his appointment as Director of the penultimate holding company, SAM Singapore, Mr Shum Sze Keong is re-designated from Senior Independent Non-Executive Director to Non-Independent Non-Executive Director of the Company.


        SAM - Change in Audit Committee

        Announcement Type: Change in Audit Committee
        Company NameSAM ENGINEERING & EQUIPMENT (M) BERHAD  
        Stock Name SAM  
        Date Announced18 Dec 2013  
        CategoryChange in Audit Committee
        Reference NoCC-131218-F2727

        Date of change18/12/2013
        NameShum Sze Keong
        Age51
        NationalitySingaporean
        Type of changeRedesignation
        Previous PositionMember of Audit Committee
        New PositionMember of Audit Committee
        DirectorateNon Independent & Non Executive
        QualificationsObtained Bachelor of Science in Aeronautical Engineering from Embry Riddle Aeronautical University, Daytona Beach, Florida, USA. 
        Working experience and occupation He was a Senior Officer at the Singapore Economic Development Board from 1986 to 1995.

        He was the Executive Director of The Grande Group Ltd from 1994 to 1997.

        He was an Executive Director and Consultant, General Management, Corporate Finance and Restructuring of The Grande Group Ltd from 1995 to 1999.

        He is currently the General Manager of Shum Enterprise Pte. Ltd., a position held since 2000.

        He also sits on the Board of Lafe Technology Ltd, a listed company in Singapore. Lafe Technology Limited, together with its subsidiaries, engages in design and manufacture of recording heads and related assemblies for tape autoloaders, tape drives, hard disk drives, optical drives, and card readers in the data storage market.

        He is appointed as a Director and member of the Executive Committee of the penultimate holding company, Singapore Aerospace Manufacturing Private Limited ("SAM Singapore") on 18 December 2013.  
        Directorship of public companies (if any)Not applicable 
        Family relationship with any director and/or major shareholder of the listed issuerNot applicable 
        Any conflict of interests that he/she has with the listed issuerNot applicable 
        Details of any interest in the securities of the listed issuer or its subsidiariesNot applicable 
        Composition of Audit Committee (Name and Directorate of members after change)Chairman of the Audit Committee
        - Lee Hock Chye (Independent Non-Executive Director)

        Members of the Audit Commitee
        -Dato' Mohamed Salleh Bin Bajuri(Independent Non-Executive Director)
        -Dato' Sri Lee Tuck Fook (Independent Non-Executive Director)
        -Shum Sze Keong (Non-Independent Non-Executive Director)

        Remarks :
        In consequence of his appointment as Director of the penultimate holding company, SAM Singapore, Mr Shum Sze Keong is re-designated from Senior Independent Non-Executive Director to Non-Independent Non-Executive Director of the Company.


        YOKO - Notice of Shares Buy Back - Immediate Announcement

        Announcement Type: Notice of Shares Buy Back - Immediate Announcement
        Company NameYOKOHAMA INDUSTRIES BERHAD  
        Stock Name YOKO  
        Date Announced18 Dec 2013  
        CategoryNotice of Shares Buy Back - Immediate Announcement
        Reference NoCC-131218-2A124

        Date of buy back18/12/2013
        Description of shares purchasedOrdinary shares of RM0-50 each
        CurrencyMalaysian Ringgit (MYR)
        Total number of shares purchased (units)10,000
        Minimum price paid for each share purchased ($$)1.210
        Maximum price paid for each share purchased ($$)1.210
        Total consideration paid ($$)12,189.23
        Number of shares purchased retained in treasury (units)10,000
        Number of shares purchased which are proposed to be cancelled (units)
        Cumulative net outstanding treasury shares as at to-date (units)1,334,500
        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 (%)1.53


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