LNGRES - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
| Company Name | LNG RESOURCES BERHAD (ACE Market) |
| Stock Name | LNGRES |
| Date Announced | 27 Jan 2014 |
| Category | General Announcement |
| Reference No | CA-140127-33487 |
| Type | Announcement | ||||||
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS | ||||||
| Description | LNG RESOURCES BERHAD (“LNGRES” OR “THE COMPANY”) DISPOSAL OF MOTOR VEHICLE BY EDARAN PRECISION INDUSTRIES SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF LNGRES (THE “DISPOSAL”) | ||||||
1. INTRODUCTION The Board of Directors of LNG Resources Berhad (“LNGRES” or “the
Company”) wishes to announce that Edaran Precision Industries Sdn. Bhd.
(Company No. 308284-M) (EPI), a wholly-owned subsidiary of LNGRES, had on
January 27, 2014 agreed to dispose of the motor vehicle of EPI as detailed in
the following manner:-
2.1 BACKGROUND
OF VENDOR EPI was
incorporated in Malaysia as a private limited company under the Companies Act,
1965 on July 18, 1994. As at the date of the announcement, the
authorized share capital of EPI is RM1,000,000.00 comprising 1,000,000 Ordinary
shares of RM1.00 each and its issued and paid up share capital is RM594,878.00
comprising 594,878 Ordinary shares of RM1.00 each.
The
principal business activities of EPI are design and manufacture of high
precision moulds, tools and dies.
2.2 BACKGROUND
OF PURCHASER
Mr. Low, aged 55, Malaysian, is one of the
co-founders of LNGRES Group. He is the former Managing Director of LNGRES whom
served the Group from July 28, 1994 to October 16, 2013.
3. BASIS OF ARRIVING AT THE DISPOSAL
CONSIDERATION
a) Approximately 20% discount from the market value of the Motor Vehicle,
appraised by various car dealers.
5. FINANCIAL EFFECTS OF
THE DISPOSAL
The expected losses arising from the Disposal is
RM89,129.79. 9. THE
RATIONALE FOR THE DISPOSAL 10. PERCENTAGE RATIOS UNDER RULE 10.02(g) OF
THE BURSA SECURITIES ACE MARKET LISTING REQUIREMENTS 11. TRANSACTION WITH THE SAME RELATED PARTY FOR
THE PRECEDING 12 MONTHS There is no transaction entered by LNGRES Group with Mr. Low for the
preceding 12 months. 12. AUDIT COMMITTEE’S STATEMENT 14. ESTIMATED TIME FRAME FOR THE COMPLETION
OF THE DISPOSAL
This announcement
is dated January 27, 2014. | |||||||
REDTONE - Notice of Shares Buy Back by a Company pursuant to Form 28A
| Company Name | REDTONE INTERNATIONAL BERHAD (ACE Market) |
| Stock Name | REDTONE |
| Date Announced | 27 Jan 2014 |
| Category | Notice of Shares Buy Back by a Company Pursuant to Form 28A |
| Reference No | CK-140120-F6DD7 |
REDTONE-LA - Loan Stock Interest
| Company Name | REDTONE INTERNATIONAL BERHAD (ACE Market) |
| Stock Name | REDTONE-LA |
| Date Announced | 27 Jan 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CK-140120-754E6 |
PERISAI - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD
| Company Name | PERISAI PETROLEUM TEKNOLOGI BHD |
| Stock Name | PERISAI |
| Date Announced | 27 Jan 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-140127-C75C3 |
Particulars of substantial Securities Holder
| Name | EMPLOYEES PROVIDENT FUND BOARD |
| Address | TINGKAT 19, BANGUNAN KWSP, JALAN RAJA LAUT, 50350 KUALA LUMPUR |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | MALAYSIA |
| Descriptions (Class & nominal value) | ORDINARY SHARES OF RM0.10 EACH |
| Name & address of registered holder | CITIGROUP NOMINEES (TEMPATAN) SDN BHD - EMPLOYEES PROVIDENT FD BD (AM INV) LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR CITIGROUP NOMINEES (TEMPATAN) SDN BHD - EMPLOYEES PROVIDENT FD BD (NOMURA) LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 22/01/2014 | 260,000 | |
| Disposed | 22/01/2014 | 150,000 |
| Remarks : |
| 1) The percentage of shareholding excludes 400,000 shares bought-back by the Company and retained as treasury shares. 2) Form 29B received on 27 January 2014. |
ANCOMLB - Quarterly rpt on consolidated results for the financial period ended 30/11/2013
| Company Name | ANCOM LOGISTICS BERHAD (ACE Market) |
| Stock Name | ANCOMLB |
| Date Announced | 27 Jan 2014 |
| Category | Financial Results |
| Reference No | AL-140123-36827 |
| Regularisation Sponsor | Maybank Investment Bank Bhd |
| Sponsor | Same as above |
| Financial Year End | 31/05/2014 |
| Quarter | 2 |
| Quarterly report for the financial period ended | 30/11/2013 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION30/11/2013 |
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 | 16,735 | 15,501 | 32,925 | 31,668 |
| 2 | Profit/(loss) before tax | 690 | 366 | 1,940 | 1,469 |
| 3 | Profit/(loss) for the period | 404 | 104 | 1,290 | 1,209 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 41 | -134 | 608 | 716 |
| 5 | Basic earnings/(loss) per share (Subunit) | 0.01 | -0.03 | 0.13 | 0.15 |
| 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.01 | 0.00 | 0.01 |
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 ($$) | 0.1200 | 0.1200 | ||
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 |
GOCEAN - Change in Principal Officer
| Company Name | GREEN OCEAN CORPORATION BERHAD (ACE Market) |
| Stock Name | GOCEAN |
| Date Announced | 27 Jan 2014 |
| Category | Change in Principal Officer |
| Reference No | CC-140110-51399 |
| Date of change | 27/01/2014 |
| Name | Yong Wai Kin |
| Age | 45 |
| Nationality | Malaysian/Chinese |
| Type of change | Appointment |
| Designation | Chief Financial Officer |
| Qualifications | A member of the (i) Malaysian Institute of Accountants, (ii) Fellow member of the Association of Chartered Certified Accountants, and (iii) Diploma in Higher Accounting from the London Chamber of Commerce. |
| Working experience and occupation | He has more than 20 years of working experience in the accounting, finance and administration in various Malaysian companies including Pristana Sdn Bhd, Syarikat Kit Loong Holdings Sdn Bhd, FACB Industries Incorporate Berhad and Moore Stephens Malaysia. His last occupation in a listed company was as the Executive Director and Chief Financial Officer of Mann Seng Metal International Limited, a company listed on the Singapore Exchange. His responsibilities include overseeing the Group’s financial and accounting functions and matters relating to the compliance and regulatory requirements of a listed company. In his previous working experiences, he has lead the finance and accounts division in companies involved in such as the manufacturing and trading of vehicle tyres and maintenance services; property development and construction of residential and commercial properties; importer and trading of industrial ball bearing and plummer blocks; metal stamping products for LED/LCD and other electrical products for overseas customers; and OEM contract manufacturing and provision of customised kitchen appliances, equipment and related services. |
| 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 |
CONNECT - OTHERS CONNECTCOUNTY HOLDINGS BERHAD ("CCHB" or the "Company") ACQUISITION OF 51% EQUITY INTEREST IN MYGENBIZZ BHD
| Company Name | CONNECTCOUNTY HOLDINGS BERHAD (ACE Market) |
| Stock Name | CONNECT |
| Date Announced | 27 Jan 2014 |
| Category | General Announcement |
| Reference No | C&-140127-ECDE5 |
| Regularisation Sponsor | M&A Securities Sdn Bhd |
| Sponsor | Same as above |
| Type | Announcement |
| Subject | OTHERS |
| Description | CONNECTCOUNTY HOLDINGS BERHAD ("CCHB" or the "Company") ACQUISITION OF 51% EQUITY INTEREST IN MYGENBIZZ BHD |
We refer to the announcement dated 20 January 2014 in respect of the acquisition of 51% equity interest in MyGenBizz Berhad (“MyGenBizz”) and wish to inform that the balance purchase consideration has been paid on 24 January 2014 and the Share Sale Agreement has been duly completed on 24 January 2014. The announcement is dated 27 January 2014.
| |
GENETEC - MATERIAL LITIGATION
| Company Name | GENETEC TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | GENETEC |
| Date Announced | 27 Jan 2014 |
| Category | General Announcement |
| Reference No | GT-140127-58975 |
| Type | Announcement | ||||||||
| Subject | MATERIAL LITIGATION | ||||||||
| Description | GENETEC TECHNOLOGY BERHAD (“GENETEC” OR THE “COMPANY”) In the Court of Common Pleas, County of Greenville, State of South Carolina, United States of America, Case No. 2013-CP-23-05336 Ryerson, Inc. (“the Plaintiff”) vs System’s South, Inc. (“the Defendant”) | ||||||||
We refer to the announcements dated 17 October 2013 and 23 October
2013 pertaining to the subject matter. The terms herein shall bear the same
meaning as defined in the said announcements. Genetec had on 27 January 2014 received an Order for Default Judgment against the Defendant via courier from the Defendant’s registered agent in United States of America, National Registered Agents, Inc., (“NRA”), which in turn was received by NRA on 24 January 2014 from the Plaintiff’s solicitors, C. Richard Stewart. The Board wishes to announce that the Court of Common Pleas, County of Greenville, State of South Carolina, United States of America ordered, adjudged and decreed that the Defendant, System’s South, Inc. is in Default and that the Plaintiff is entitled to and shall have judgment as follows:-
The Board further wishes to advise that the Company is currently seeking legal advice as regards to the application to set aside the Order for Default Judgment. Further announcement will be made of any material development changes as and when appropriate. This announcement is dated 27 January 2014. | |||||||||
ETITECH - MATERIAL LITIGATION
| Company Name | ETI TECH CORPORATION BERHAD |
| Stock Name | ETITECH |
| Date Announced | 27 Jan 2014 |
| Category | General Announcement |
| Reference No | CC-140127-59385 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | ETITECH CORPORATION BERHAD ("ETITECH" OR "THE COMPANY") - Writ of Summon (Writ) and Statement of Claim filed by Malayan Banking Berhad ("MBB" or "the Plaintiff") versus 1) ETI Tech (M) Sdn Bhd (1st Defendant) 2) the Company (2nd Defendant) |
Further to our earlier announcements on 18 April 2013, 18 October 2013, 30 October 2013 and 02 December 2013, the Board of Directors of ETITECH wishes to announce that the Company has, on 27 January 2014 been informed by its solicitors that the High Court had delivered judgement in favour of MBB on 21 January 2014. This announcement is dated 27 January 2014. | |
ETITECH - MATERIAL LITIGATION
| Company Name | ETI TECH CORPORATION BERHAD |
| Stock Name | ETITECH |
| Date Announced | 27 Jan 2014 |
| Category | General Announcement |
| Reference No | CC-140127-60331 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | ETITECH CORPORATION BERHAD ("ETITECH" OR "THE COMPANY") - Writ of Summon (Writ) and Statement of Claim filed by Hong Leong Bank Berhad ("HLB" or "the Plaintiff") versus 1) ETI Tech (M) Sdn Bhd (1st Defendant) 2) the Company (2nd Defendant) |
Further to our earlier announcements on 06 June 2013, 11October 2013 and 04 November 2013, the Board of Directors of ETITECH wishes to announce that the Company has, on 27 January 2014 been informed by its solicitors that the High Court had delivered judgement in favour of HLB on 22 January 2014. This announcement is dated 27 January 2014. | |
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